Caisse DE Depot ET Placement DU Quebec Purchases New Position in EnerSys (NYSE:ENS)

Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of EnerSys (NYSE:ENS - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 28,855 shares of the industrial products company's stock, valued at approximately $2,945,000. Caisse DE Depot ET Placement DU Quebec owned 0.07% of EnerSys at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its holdings in shares of EnerSys by 14.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 45,033 shares of the industrial products company's stock valued at $4,255,000 after acquiring an additional 5,682 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in shares of EnerSys by 2,444.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 47,758 shares of the industrial products company's stock worth $4,488,000 after buying an additional 45,881 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of 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 period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of EnerSys in the second quarter valued at approximately $25,000. Finally, Mather Group LLC. grew its holdings in EnerSys by 250.5% during the second quarter. Mather Group LLC. now owns 701 shares of the industrial products company's stock worth $66,000 after acquiring an additional 501 shares during the period. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. StockNews.com cut shares of EnerSys from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, October 15th. Roth Capital upgraded EnerSys to a "strong-buy" rating in a report on Tuesday, August 27th. Finally, Roth Mkm restated a "buy" rating and issued a $120.00 price objective on shares of EnerSys in a research report on Monday, September 23rd. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $118.00.

EnerSys Trading Down 1.2 %

ENS traded down $1.18 during trading on Tuesday, hitting $96.48. The company's stock had a trading volume of 162,680 shares, compared to its average volume of 248,054. EnerSys has a twelve month low of $86.41 and a twelve month high of $112.53. The firm's 50 day moving average price is $99.12 and its 200-day moving average price is $101.09. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 1.87. The stock has a market cap of $3.84 billion, a PE ratio of 13.67, a PEG ratio of 0.61 and a beta of 1.22.

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

EnerSys Announces Dividend

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

Insider Transactions at EnerSys

In other news, CEO David M. Shaffer sold 20,000 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the completion of the sale, the chief executive officer now owns 206,724 shares in the company, valued at approximately $20,674,467.24. The trade was a 8.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.61% of the company's stock.

About EnerSys

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.