Johnson Investment Counsel Inc. Has $241,000 Stake in Enersys $ENS

Johnson Investment Counsel Inc. grew its holdings in Enersys (NYSE:ENS) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,806 shares of the industrial products company’s stock after buying an additional 176 shares during the period. Johnson Investment Counsel Inc.’s holdings in Enersys were worth $241,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ENS. GAMMA Investing LLC lifted its position in shares of Enersys by 284.6% in the first quarter. GAMMA Investing LLC now owns 1,346 shares of the industrial products company’s stock valued at $123,000 after buying an additional 996 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Enersys by 11.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,760 shares of the industrial products company’s stock valued at $1,077,000 after buying an additional 1,165 shares during the last quarter. QRG Capital Management Inc. lifted its position in shares of Enersys by 23.1% in the first quarter. QRG Capital Management Inc. now owns 7,046 shares of the industrial products company’s stock valued at $645,000 after buying an additional 1,323 shares during the last quarter. Advisor Resource Council acquired a new stake in shares of Enersys in the first quarter valued at approximately $1,263,000. Finally, Perpetual Ltd lifted its position in shares of Enersys by 14.1% in the first quarter. Perpetual Ltd now owns 4,841 shares of the industrial products company’s stock valued at $443,000 after buying an additional 600 shares during the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Price Performance

Shares of NYSE ENS opened at $121.55 on Thursday. The stock has a market capitalization of $4.55 billion, a PE ratio of 13.88, a P/E/G ratio of 0.68 and a beta of 1.09. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.00 and a quick ratio of 1.91. The business has a fifty day moving average price of $106.36 and a two-hundred day moving average price of $94.21. Enersys has a fifty-two week low of $76.57 and a fifty-two week high of $123.80.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.03. The firm had revenue of $893.00 million during the quarter, compared to analysts’ expectations of $848.02 million. Enersys had a return on equity of 21.99% and a net margin of 9.60%.The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.98 EPS. As a group, equities analysts predict that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were issued a $0.2625 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $1.05 annualized dividend and a yield of 0.9%. This is a boost from Enersys’s previous quarterly dividend of $0.24. Enersys’s payout ratio is presently 11.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ENS shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enersys in a research note on Wednesday, October 8th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 8th. Roth Capital reiterated a “buy” rating and set a $120.00 target price on shares of Enersys in a research note on Tuesday, August 5th. Finally, Wall Street Zen upgraded Enersys from a “hold” rating to a “buy” rating in a research note on Sunday, September 28th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $118.33.

Enersys Company 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.