Parkside Financial Bank & Trust Raises Stake in EnerSys (NYSE:ENS)

Parkside Financial Bank & Trust boosted its holdings in shares of EnerSys (NYSE:ENS) by 110.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,293 shares of the industrial products company’s stock after purchasing an additional 678 shares during the period. Parkside Financial Bank & Trust’s holdings in EnerSys were worth $120,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in ENS. Peregrine Asset Advisers Inc. lifted its stake in shares of EnerSys by 2.0% in the third quarter. Peregrine Asset Advisers Inc. now owns 6,905 shares of the industrial products company’s stock valued at $705,000 after purchasing an additional 137 shares during the period. Uncommon Cents Investing LLC raised 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 acquiring an additional 150 shares during the last quarter. Carolina Wealth Advisors LLC raised its position 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 acquiring an additional 169 shares during the last quarter. Aurora Investment Counsel raised its position in EnerSys by 0.9% during the third quarter. Aurora Investment Counsel now owns 20,116 shares of the industrial products company’s stock worth $2,053,000 after acquiring an additional 180 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in EnerSys by 6.5% during the third quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company’s stock worth $307,000 after acquiring an additional 183 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on ENS. Oppenheimer upgraded shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research report on Friday, January 17th. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. One 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $117.50.

EnerSys Stock Performance

Shares of NYSE ENS opened at $101.48 on Monday. The company has a market cap of $4.00 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 0.57 and a beta of 1.22. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The company has a 50-day simple moving average of $96.85 and a 200-day simple moving average of $97.73.

EnerSys (NYSE:ENS) last issued 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 net margin of 9.23% and a return on equity of 20.78%. On average, equities analysts anticipate that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 0.95%. EnerSys’s payout ratio is 11.88%.

About EnerSys

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.