XTX Topco Ltd Has $990,000 Stake in EnerSys (NYSE:ENS)

XTX Topco Ltd increased its stake in shares of EnerSys (NYSE:ENS) by 179.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,712 shares of the industrial products company’s stock after buying an additional 6,883 shares during the quarter. XTX Topco Ltd’s holdings in EnerSys were worth $990,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. lifted its position in shares of EnerSys by 0.3% during 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 acquiring an additional 100 shares during the period. Mariner LLC lifted its position in EnerSys by 3.4% during the fourth quarter. Mariner LLC now owns 4,460 shares of the industrial products company’s stock worth $412,000 after purchasing an additional 147 shares during the period. Uncommon Cents Investing LLC grew its stake 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 buying an additional 150 shares in the last quarter. Carolina Wealth Advisors LLC increased its holdings in EnerSys by 2.6% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company’s stock valued at $614,000 after buying an additional 169 shares during the period. Finally, Aurora Investment Counsel raised its position in shares of 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 buying an additional 173 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Oppenheimer upgraded shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $117.50.

EnerSys Price Performance

Shares of ENS stock opened at $83.67 on Wednesday. EnerSys has a twelve month low of $76.57 and a twelve month high of $112.53. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The business has a fifty day simple moving average of $94.97 and a 200 day simple moving average of $96.15. The company has a market cap of $3.30 billion, a P/E ratio of 10.35, a P/E/G ratio of 0.57 and a beta of 1.15.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, beating 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, sell-side analysts forecast that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Friday, March 14th. EnerSys’s payout ratio is 11.88%.

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.