Chad C. Uplinger Acquires 295 Shares of EnerSys (NYSE:ENS) Stock

EnerSys (NYSE:ENS) insider Chad C. Uplinger purchased 295 shares of EnerSys stock in a transaction dated Friday, May 30th. The shares were purchased at an average cost of $83.65 per share, for a total transaction of $24,676.75. Following the completion of the transaction, the insider now owns 17,545 shares of the company’s stock, valued at approximately $1,467,639.25. This represents a 1.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

EnerSys Trading Up 0.2%

ENS opened at $85.41 on Thursday. The stock has a market capitalization of $3.35 billion, a P/E ratio of 10.57, a P/E/G ratio of 0.57 and a beta of 1.13. EnerSys has a 12 month low of $76.57 and a 12 month high of $112.53. The firm’s fifty day simple moving average is $87.21 and its 200 day simple moving average is $93.32. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69.

EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, beating the consensus estimate of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The business had revenue of $974.80 million for the quarter, compared to analysts’ expectations of $973.45 million. During the same period in the previous year, the firm posted $2.08 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. As a group, research analysts anticipate that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, June 13th. EnerSys’s payout ratio is 10.65%.

Analyst Ratings Changes

ENS has been the topic of a number of recent analyst reports. Roth Capital reissued a “buy” rating on shares of EnerSys in a research report on Thursday, May 22nd. Roth Mkm reissued a “buy” rating and set a $120.00 price target on shares of EnerSys in a research report on Wednesday, May 14th.

Institutional Trading of EnerSys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Inspire Investing LLC lifted its holdings in shares of EnerSys by 171.2% during the 1st quarter. Inspire Investing LLC now owns 11,750 shares of the industrial products company’s stock worth $1,076,000 after acquiring an additional 7,417 shares during the period. Strs Ohio acquired a new stake in shares of EnerSys during the first quarter worth $247,000. Intech Investment Management LLC increased its position in shares of EnerSys by 13.4% during the first quarter. Intech Investment Management LLC now owns 29,706 shares of the industrial products company’s stock worth $2,720,000 after buying an additional 3,512 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in EnerSys by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after acquiring an additional 9,737 shares in the last quarter. Finally, United Services Automobile Association bought a new position in EnerSys during the first quarter worth $240,000. Institutional investors own 94.93% 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.