UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in EnerSys (NYSE:ENS - Free Report) by 10.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,399 shares of the industrial products company's stock after selling 10,348 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.23% of EnerSys worth $9,531,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its position in EnerSys by 36.2% during 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 lifted its stake in EnerSys by 141.8% during the second quarter. GAMMA Investing LLC now owns 382 shares of the industrial products company's stock worth $40,000 after purchasing an additional 224 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in EnerSys during the second quarter worth $41,000. CWM LLC lifted its stake in EnerSys by 198.8% during the second quarter. CWM LLC now owns 995 shares of the industrial products company's stock worth $103,000 after purchasing an additional 662 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in EnerSys during the second quarter worth $131,000. Institutional investors and hedge funds own 94.93% of the company's stock.
EnerSys Price Performance
Shares of ENS traded up $1.55 during trading hours on Monday, reaching $96.26. The stock had a trading volume of 299,545 shares, compared to its average volume of 247,484. EnerSys has a 12 month low of $86.41 and a 12 month high of $112.53. The stock has a market capitalization of $3.83 billion, a PE ratio of 13.63, a PEG ratio of 0.59 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.87 and a current ratio of 2.97. The company's 50-day moving average is $98.61 and its two-hundred day moving average is $100.98.
EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $2.07 by $0.05. The company had revenue of $883.70 million during the quarter, compared to analysts' expectations of $891.78 million. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. EnerSys's revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.84 EPS. Research analysts expect that EnerSys will post 8.86 EPS for the current year.
EnerSys Dividend Announcement
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 dividend of $0.24 per share. 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 is currently 13.60%.
Insiders Place Their Bets
In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the 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 directly owns 206,724 shares in the company, valued at approximately $20,674,467.24. This trade represents a 8.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.61% of the company's stock.
Analyst Ratings Changes
Several research firms have weighed in on ENS. Roth Mkm restated a "buy" rating and set a $120.00 target price on shares of EnerSys in a research note on Monday, September 23rd. StockNews.com upgraded EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday. Finally, Roth Capital upgraded EnerSys to a "strong-buy" rating in a research note on Tuesday, August 27th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, EnerSys currently has a consensus rating of "Buy" and an average target price of $118.00.
Get Our Latest Analysis on ENS
EnerSys Company Profile
(
Free Report)
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.
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