Hudson Edge Investment Partners Inc. Boosts Stock Position in EnerSys (NYSE:ENS)

Hudson Edge Investment Partners Inc. boosted its holdings in EnerSys (NYSE:ENS) by 27.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,325 shares of the industrial products company’s stock after buying an additional 1,775 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in EnerSys were worth $769,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Alpha Capital Management Ltd. boosted its position in EnerSys by 32.8% in the third quarter. Global Alpha Capital Management Ltd. now owns 27,361 shares of the industrial products company’s stock worth $2,792,000 after purchasing an additional 6,764 shares during the last quarter. Foundry Partners LLC bought a new position in shares of EnerSys in the third quarter worth about $4,740,000. Citigroup Inc. lifted its position in shares of EnerSys by 99.2% during the 3rd quarter. Citigroup Inc. now owns 48,429 shares of the industrial products company’s stock valued at $4,942,000 after buying an additional 24,123 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of EnerSys by 60.8% in the third quarter. Janney Montgomery Scott LLC now owns 15,626 shares of the industrial products company’s stock worth $1,595,000 after purchasing an additional 5,909 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of EnerSys by 1.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 594,387 shares of the industrial products company’s stock valued at $60,657,000 after buying an additional 9,337 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

EnerSys Trading Down 0.6 %

Shares of ENS stock opened at $102.08 on Friday. The company has a market cap of $4.03 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 0.56 and a beta of 1.22. The stock’s 50 day simple moving average is $95.92 and its two-hundred day simple moving average is $97.44. EnerSys has a 1 year low of $88.50 and a 1 year 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.

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 net margin of 9.23% and a return on equity of 20.78%. Research analysts predict that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.24 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 0.94%. EnerSys’s payout ratio is 11.88%.

Insider Buying and Selling

In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.01, for a total value of $2,000,200.00. Following the transaction, the chief executive officer now directly owns 206,724 shares in the company, valued at $20,674,467.24. This represents a 8.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ENS shares. 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 EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $117.50.

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.