BNP Paribas Financial Markets Purchases 12,145 Shares of EnerSys (NYSE:ENS)

BNP Paribas Financial Markets raised its position in EnerSys (NYSE:ENS - Free Report) by 38.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,519 shares of the industrial products company's stock after buying an additional 12,145 shares during the period. BNP Paribas Financial Markets owned 0.11% of EnerSys worth $4,441,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in EnerSys in the 2nd quarter valued at about $25,000. UMB Bank n.a. increased its stake in EnerSys by 36.2% in the 2nd quarter. UMB Bank n.a. now owns 354 shares of the industrial products company's stock valued at $37,000 after buying an additional 94 shares during the last quarter. GAMMA Investing LLC increased its stake in EnerSys by 141.8% in the 2nd quarter. GAMMA Investing LLC now owns 382 shares of the industrial products company's stock valued at $40,000 after buying an additional 224 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in EnerSys in the 2nd quarter valued at about $41,000. Finally, Mather Group LLC. increased its stake in EnerSys by 250.5% in the 2nd quarter. Mather Group LLC. now owns 701 shares of the industrial products company's stock valued at $66,000 after buying an additional 501 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

EnerSys Stock Performance

Shares of EnerSys stock traded down $0.36 on Wednesday, reaching $96.12. 56,894 shares of the company traded hands, compared to its average volume of 247,220. EnerSys has a 52 week low of $86.41 and a 52 week high of $112.53. The company has a 50 day moving average of $99.05 and a 200 day moving average of $101.09. The firm has a market capitalization of $3.83 billion, a PE ratio of 13.76, a PEG ratio of 0.61 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 1.87.

EnerSys (NYSE:ENS - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.07 by $0.05. The company had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. EnerSys had a net margin of 8.25% and a return on equity of 20.04%. EnerSys's revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the firm earned $1.84 EPS. Equities analysts forecast that EnerSys will post 8.86 earnings per share for the current year.

EnerSys Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.00%. The ex-dividend date is Friday, December 13th. EnerSys's dividend payout ratio (DPR) is presently 13.60%.

Insider Buying and Selling

In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the firm's stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 206,724 shares of the company's stock, valued at $20,674,467.24. This trade represents a 8.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.61% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have commented on ENS. Roth Capital upgraded shares of EnerSys to a "strong-buy" rating in a research note on Tuesday, August 27th. StockNews.com downgraded shares of EnerSys from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, October 15th. Finally, Roth Mkm reissued a "buy" rating and set a $120.00 target price on shares of EnerSys in a research report on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $118.00.

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.