Lingohr Asset Management GmbH Acquires New Position in EnerSys (NYSE:ENS)

Lingohr Asset Management GmbH purchased a new position in shares of EnerSys (NYSE:ENS - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,221 shares of the industrial products company's stock, valued at approximately $737,000.

A number of other institutional investors have also modified their holdings of ENS. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of EnerSys during the second quarter worth approximately $25,000. UMB Bank n.a. raised its holdings in shares of 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 purchasing an additional 94 shares in the last quarter. Covestor Ltd lifted its holdings in EnerSys by 231.6% during the 1st quarter. Covestor Ltd now owns 378 shares of the industrial products company's stock worth $36,000 after buying an additional 264 shares during the last quarter. GAMMA Investing LLC boosted its holdings 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 stake in shares of EnerSys in the second quarter valued at approximately $41,000. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Trading Down 2.1 %

NYSE:ENS traded down $2.02 during mid-day trading on Tuesday, reaching $94.11. The company's stock had a trading volume of 179,105 shares, compared to its average volume of 247,525. 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 $3.75 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.60 and a beta of 1.24. EnerSys has a twelve month low of $86.41 and a twelve month high of $112.53. The company's fifty day simple moving average is $99.75 and its two-hundred day simple moving average is $101.09.

EnerSys (NYSE:ENS - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $2.12 EPS 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 firm had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. During the same period in the prior year, the business earned $1.84 EPS. The firm's revenue was down 1.9% on a year-over-year basis. On average, equities analysts predict that EnerSys will post 8.86 EPS for the current year.

EnerSys Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors 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 yield of 1.02%. EnerSys's dividend payout ratio is presently 13.60%.

Insider Buying and Selling at EnerSys

In related news, insider Chad C. Uplinger sold 500 shares of EnerSys stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $100.87, for a total transaction 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. The trade was a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David M. Shaffer sold 2,400 shares of the firm's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $100.00, for a total transaction of $240,000.00. Following the transaction, the chief executive officer now owns 244,140 shares of the company's stock, valued at approximately $24,414,000. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,700 shares of company stock valued at $2,271,843. Company insiders own 1.61% of the company's stock.

Wall Street Analysts Forecast Growth

ENS has been the topic of several research reports. Roth Mkm reiterated a "buy" rating and issued a $120.00 price target on shares of EnerSys in a research report on Monday, September 23rd. Roth Capital upgraded shares of EnerSys to a "strong-buy" rating in a report on Tuesday, August 27th. Finally, StockNews.com downgraded shares of EnerSys from a "strong-buy" rating to a "buy" rating in a report on Tuesday, October 15th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price 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.