EnerSys (NYSE:ENS) Shares Purchased by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC raised its stake in shares of EnerSys (NYSE:ENS - Free Report) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,515 shares of the industrial products company's stock after purchasing an additional 9,609 shares during the quarter. Kovitz Investment Group Partners LLC owned 0.26% of EnerSys worth $10,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. GAMMA Investing LLC boosted 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 worth $40,000 after purchasing an additional 224 shares in the last quarter. CWM LLC grew its position in EnerSys by 198.8% during the second quarter. CWM LLC now owns 995 shares of the industrial products company's stock valued at $103,000 after acquiring an additional 662 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of EnerSys by 8.6% during the second quarter. QRG Capital Management Inc. now owns 6,310 shares of the industrial products company's stock worth $653,000 after acquiring an additional 498 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of EnerSys by 832.0% in the 2nd quarter. SG Americas Securities LLC now owns 18,612 shares of the industrial products company's stock worth $1,927,000 after acquiring an additional 16,615 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of EnerSys in the 2nd quarter valued at $270,000. Hedge funds and other institutional investors own 94.93% of the company's stock.

Analyst Ratings Changes

ENS has been the subject of several recent research reports. Roth Capital raised shares of EnerSys to a "strong-buy" rating in a research note on Tuesday, August 27th. Roth Mkm restated a "buy" rating and set a $120.00 target price on shares of EnerSys in a report on Monday, September 23rd. Finally, StockNews.com raised EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $118.00.

Insider Activity at EnerSys

In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the completion of the transaction, the chief executive officer now owns 206,724 shares in the company, valued at $20,674,467.24. The trade was a 8.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.61% of the stock is currently owned by company insiders.

EnerSys Stock Down 0.8 %

EnerSys stock traded down $0.75 during trading hours on Friday, hitting $94.71. 214,000 shares of the stock traded hands, compared to its average volume of 283,932. The company has a market cap of $3.77 billion, a PE ratio of 13.42, a PEG ratio of 0.61 and a beta of 1.22. The firm's 50-day moving average price is $98.73 and its two-hundred day moving average price is $101.03. EnerSys has a one year low of $86.41 and a one year high of $112.53. The company has a current ratio of 2.97, a quick ratio of 1.87 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, topping analysts' consensus estimates of $2.07 by $0.05. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. The company had revenue of $883.70 million for the quarter, compared to analyst estimates of $891.78 million. During the same quarter in the previous year, the company posted $1.84 earnings per share. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. On average, research analysts forecast that EnerSys will post 8.86 EPS 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 $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Friday, December 13th. EnerSys's payout ratio is currently 13.60%.

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.