752 Shares in EnerSys (NYSE:ENS) Purchased by CX Institutional

CX Institutional bought a new position in shares of EnerSys (NYSE:ENS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 752 shares of the industrial products company’s stock, valued at approximately $69,000.

Several other large investors also recently bought and sold shares of ENS. Hillsdale Investment Management Inc. lifted its position in EnerSys by 0.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company’s stock valued at $3,526,000 after buying an additional 100 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in EnerSys by 25.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 100 shares during the last quarter. Aquatic Capital Management LLC boosted its position in shares of EnerSys by 2.5% during the 4th quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company’s stock worth $502,000 after acquiring an additional 133 shares in the last quarter. Mariner LLC increased its stake in EnerSys by 3.4% in the fourth quarter. Mariner LLC now owns 4,460 shares of the industrial products company’s stock valued at $412,000 after purchasing an additional 147 shares during the last quarter. Finally, Aurora Investment Counsel raised its stake in EnerSys by 0.9% during the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company’s stock worth $1,875,000 after acquiring an additional 173 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Insider Buying and Selling

In related news, CFO Andrea J. Funk acquired 315 shares of EnerSys stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average price of $80.20 per share, for a total transaction of $25,263.00. Following the completion of the purchase, the chief financial officer now directly owns 50,645 shares of the company’s stock, valued at approximately $4,061,729. This trade represents a 0.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Shawn M. O’connell acquired 475 shares of the firm’s stock in a transaction that occurred on Friday, May 30th. The shares were bought at an average cost of $83.76 per share, for a total transaction of $39,786.00. Following the acquisition, the chief executive officer now owns 43,030 shares of the company’s stock, valued at $3,604,192.80. This represents a 1.12% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 1,085 shares of company stock valued at $89,726 over the last quarter. Company insiders own 1.61% of the company’s stock.

EnerSys Stock Performance

Shares of ENS opened at $86.53 on Tuesday. The stock has a market capitalization of $3.39 billion, a P/E ratio of 10.71, a P/E/G ratio of 0.57 and a beta of 1.08. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. EnerSys has a 1 year low of $76.57 and a 1 year high of $112.53. The company’s fifty day moving average is $87.67 and its two-hundred day moving average is $92.80.

EnerSys (NYSE:ENS) last issued its earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.19. The business had revenue of $974.80 million for the quarter, compared to the consensus estimate of $973.45 million. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.08 earnings per share. On average, sell-side analysts predict that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Friday, June 13th. EnerSys’s dividend payout ratio is presently 10.65%.

Analyst Ratings Changes

A number of brokerages have recently commented on ENS. Roth Capital reaffirmed a “buy” rating on shares of EnerSys in a report on Thursday, May 22nd. Roth Mkm restated a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research report on Wednesday, May 14th.

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.