Foundry Partners LLC Grows Stock Holdings in EnerSys (NYSE:ENS)

Foundry Partners LLC grew its stake in EnerSys (NYSE:ENS) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,767 shares of the industrial products company’s stock after purchasing an additional 1,322 shares during the period. Foundry Partners LLC owned approximately 0.12% of EnerSys worth $4,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hillsdale Investment Management Inc. grew its holdings in EnerSys by 0.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company’s stock valued at $3,526,000 after buying an additional 100 shares in the last quarter. Uncommon Cents Investing LLC increased its position in EnerSys by 4.6% during the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock worth $314,000 after purchasing an additional 150 shares during the last quarter. Carolina Wealth Advisors LLC raised its stake in EnerSys by 2.6% during the fourth quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company’s stock worth $614,000 after purchasing an additional 169 shares during the period. Aurora Investment Counsel boosted its holdings in EnerSys by 0.9% in the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company’s stock valued at $1,875,000 after purchasing an additional 173 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in shares of EnerSys by 6.5% in the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company’s stock valued at $307,000 after buying an additional 183 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

EnerSys Stock Performance

Shares of ENS stock opened at $80.90 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The firm has a market cap of $3.19 billion, a P/E ratio of 10.01, a P/E/G ratio of 0.57 and a beta of 1.18. The firm’s 50 day moving average price is $97.50 and its 200-day moving average price is $97.32. EnerSys has a one year low of $76.98 and a one year high of $112.53.

EnerSys (NYSE:ENS) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. As a group, equities research analysts predict that EnerSys will post 9.99 EPS for the current year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 1.19%. EnerSys’s dividend payout ratio (DPR) is presently 11.88%.

Wall Street Analyst Weigh In

A number of research firms recently commented on ENS. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Oppenheimer upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a report on Friday, January 17th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $117.50.

EnerSys Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.