Arizona State Retirement System Has $1.16 Million Holdings in EnerSys (NYSE:ENS)

Arizona State Retirement System reduced its stake in shares of EnerSys (NYSE:ENS) by 1.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,473 shares of the industrial products company’s stock after selling 189 shares during the quarter. Arizona State Retirement System’s holdings in EnerSys were worth $1,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of EnerSys by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 4,345,466 shares of the industrial products company’s stock worth $411,385,000 after purchasing an additional 62,146 shares during the last quarter. State Street Corp grew its holdings in shares of EnerSys by 3.3% in the 1st quarter. State Street Corp now owns 1,414,007 shares of the industrial products company’s stock worth $122,849,000 after purchasing an additional 45,139 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of EnerSys by 7.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,403,889 shares of the industrial products company’s stock worth $104,691,000 after purchasing an additional 101,062 shares during the last quarter. Invesco Ltd. grew its holdings in shares of EnerSys by 36.2% in the 3rd quarter. Invesco Ltd. now owns 852,077 shares of the industrial products company’s stock worth $80,666,000 after purchasing an additional 226,630 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of EnerSys by 1.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 805,421 shares of the industrial products company’s stock worth $76,249,000 after purchasing an additional 14,253 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ENS shares. StockNews.com raised shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th. Oppenheimer lowered shares of EnerSys from an “outperform” rating to a “market perform” rating in a report on Friday, February 9th.

EnerSys Stock Performance

EnerSys stock opened at $90.37 on Tuesday. The company has a current ratio of 2.67, a quick ratio of 1.53 and a debt-to-equity ratio of 0.51. EnerSys has a 1 year low of $79.90 and a 1 year high of $113.34. The company has a market cap of $3.65 billion, a PE ratio of 13.67, a PEG ratio of 0.75 and a beta of 1.36. The company’s 50-day moving average is $91.73 and its two-hundred day moving average is $92.97.

EnerSys (NYSE:ENS) last announced 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. The business had revenue of $861.50 million for the quarter, compared to the consensus estimate of $898.79 million. EnerSys had a net margin of 7.49% and a return on equity of 20.09%. EnerSys’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period last year, the company posted $1.27 EPS. Equities analysts anticipate that EnerSys will post 8.3 earnings per share for the current year.

EnerSys Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.225 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.00%. EnerSys’s dividend payout ratio is 13.62%.

About EnerSys

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.