WINTON GROUP Ltd reduced its position in EnerSys (NYSE:ENS) by 10.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,478 shares of the industrial products company’s stock after selling 12,544 shares during the period. WINTON GROUP Ltd owned about 0.27% of EnerSys worth $9,887,000 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 stock. Millennium Management LLC lifted its stake in shares of EnerSys by 244.6% in the 1st quarter. Millennium Management LLC now owns 99,580 shares of the industrial products company’s stock valued at $6,908,000 after acquiring an additional 70,681 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of EnerSys by 14.0% in the 1st quarter. Legal & General Group Plc now owns 60,985 shares of the industrial products company’s stock valued at $4,230,000 after acquiring an additional 7,486 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of EnerSys by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 183,249 shares of the industrial products company’s stock valued at $12,712,000 after acquiring an additional 788 shares during the last quarter. Bank of Montreal Can bought a new position in shares of EnerSys in the 2nd quarter valued at $355,000. Finally, Capital One National Association bought a new position in shares of EnerSys in the 2nd quarter valued at $212,000. Hedge funds and other institutional investors own 95.96% of the company’s stock.
Shares of NYSE:ENS opened at $87.83 on Friday. The firm has a market cap of $3.72 billion, a P/E ratio of 18.89, a P/E/G ratio of 1.74 and a beta of 1.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.33 and a quick ratio of 2.46. EnerSys has a 12-month low of $62.85 and a 12-month high of $89.72.
EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, November 7th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.01. The business had revenue of $660.50 million during the quarter, compared to analyst estimates of $659.18 million. EnerSys had a return on equity of 17.30% and a net margin of 4.46%. EnerSys’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.05 EPS. Analysts expect that EnerSys will post 5.05 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, December 13th. EnerSys’s dividend payout ratio is currently 15.05%.
In related news, insider Holger P. Aschke sold 3,915 shares of the firm’s stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $77.00, for a total transaction of $301,455.00. Following the completion of the transaction, the insider now directly owns 38,294 shares of the company’s stock, valued at approximately $2,948,638. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Holger P. Aschke sold 4,545 shares of the stock in a transaction dated Friday, August 17th. The stock was sold at an average price of $77.13, for a total value of $350,555.85. Following the sale, the insider now owns 38,294 shares of the company’s stock, valued at $2,953,616.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,920 shares of company stock valued at $1,732,714. 1.50% of the stock is owned by corporate insiders.
ENS has been the subject of a number of research reports. ValuEngine upgraded EnerSys from a “hold” rating to a “buy” rating in a research note on Tuesday. Oppenheimer raised their target price on EnerSys from $86.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, October 4th. Sidoti raised their target price on EnerSys from $93.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, October 4th. Citigroup raised their target price on EnerSys from $86.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, October 4th. Finally, Zacks Investment Research raised EnerSys from a “sell” rating to a “hold” rating and set a $100.00 target price for the company in a research report on Monday, October 8th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $99.00.
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EnerSys Company Profile
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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