EnerSys (NYSE:ENS) Shares Purchased by Nordea Investment Management AB

Nordea Investment Management AB boosted its stake in EnerSys (NYSE:ENSFree Report) by 9.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,726 shares of the industrial products company’s stock after purchasing an additional 328 shares during the period. Nordea Investment Management AB’s holdings in EnerSys were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new stake in EnerSys in the third quarter worth $25,000. Point72 Asset Management L.P. acquired a new stake in EnerSys in the second quarter worth $28,000. Huntington National Bank grew its stake in shares of EnerSys by 189.6% in the third quarter. Huntington National Bank now owns 362 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 237 shares in the last quarter. Quarry LP grew its stake in shares of EnerSys by 625.6% in the second quarter. Quarry LP now owns 312 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 269 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in shares of EnerSys by 1,386.7% in the third quarter. Parkside Financial Bank & Trust now owns 446 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 416 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Trading Up 0.3 %

NYSE:ENS opened at $92.89 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 2.67 and a debt-to-equity ratio of 0.51. EnerSys has a 1-year low of $79.61 and a 1-year high of $113.34. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 0.79 and a beta of 1.35. The stock has a fifty day simple moving average of $93.22 and a 200 day simple moving average of $93.39.

EnerSys (NYSE:ENSGet Free Report) last released its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.01. EnerSys had a return on equity of 20.09% and a net margin of 7.49%. The business had revenue of $861.50 million during the quarter, compared to analyst estimates of $898.79 million. During the same quarter last year, the company posted $1.27 EPS. EnerSys’s revenue for the quarter was down 6.4% on a year-over-year basis. Sell-side analysts forecast that EnerSys will post 8.3 earnings per share for the current year.

EnerSys Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 14th. EnerSys’s dividend payout ratio is currently 13.62%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ENS shares. Oppenheimer cut EnerSys from an “outperform” rating to a “market perform” rating in a research note on Friday, February 9th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 6th.

Check Out Our Latest Research Report on ENS

EnerSys Profile

(Free Report)

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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