Segall Bryant & Hamill LLC Sells 40,758 Shares of EnerSys (NYSE:ENS)

Segall Bryant & Hamill LLC decreased its position in EnerSys (NYSE:ENS - Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 330,006 shares of the industrial products company's stock after selling 40,758 shares during the period. Segall Bryant & Hamill LLC owned about 0.82% of EnerSys worth $33,677,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of EnerSys in the second quarter worth $25,000. Covestor Ltd increased its position in shares of EnerSys by 231.6% during the first quarter. Covestor Ltd now owns 378 shares of the industrial products company's stock valued at $36,000 after buying an additional 264 shares during the period. UMB Bank n.a. lifted its holdings in shares of EnerSys by 36.2% in the second quarter. UMB Bank n.a. now owns 354 shares of the industrial products company's stock worth $37,000 after buying an additional 94 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of EnerSys by 141.8% in the second quarter. GAMMA Investing LLC now owns 382 shares of the industrial products company's stock valued at $40,000 after acquiring an additional 224 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in EnerSys during the second quarter valued at approximately $41,000. 94.93% of the stock is owned by institutional investors.

EnerSys Trading Down 0.7 %

Shares of NYSE ENS traded down $0.67 during midday trading on Wednesday, reaching $93.44. The company had a trading volume of 88,158 shares, compared to its average volume of 247,382. The stock has a market cap of $3.72 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.60 and a beta of 1.24. EnerSys has a one year low of $86.41 and a one year high of $112.53. The firm's fifty day moving average price is $99.72 and its 200-day moving average price is $101.09. The company has a quick ratio of 1.87, a current ratio of 2.97 and a debt-to-equity ratio of 0.65.

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

EnerSys Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.24 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.03%. EnerSys's dividend payout ratio is currently 13.60%.

Analyst Upgrades and Downgrades

Several research analysts have commented on ENS shares. StockNews.com downgraded shares of EnerSys from a "strong-buy" rating to a "buy" rating in a report on Tuesday, October 15th. Roth Capital upgraded EnerSys to a "strong-buy" rating in a research 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 research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, EnerSys presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

Insider Activity

In related news, CEO David M. Shaffer sold 2,400 shares of the company's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $100.00, for a total value of $240,000.00. Following the sale, the chief executive officer now directly owns 244,140 shares of the company's stock, valued at $24,414,000. This represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Chad C. Uplinger sold 500 shares of the firm's stock in a transaction on Friday, August 30th. The shares were sold at an average price of $100.87, for a total value of $50,435.00. Following the transaction, the insider now directly owns 17,175 shares of the company's stock, valued at $1,732,442.25. This represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,700 shares of company stock valued at $2,271,843. Company insiders own 1.61% of the company's stock.

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.