EnerSys (NYSE:ENS) CEO Shawn M. O’connell Acquires 475 Shares

EnerSys (NYSE:ENS) CEO Shawn M. O’connell acquired 475 shares of the stock in a transaction dated Friday, May 30th. The stock was acquired at an average cost of $83.76 per share, with a total value of $39,786.00. Following the transaction, the chief executive officer now directly owns 43,030 shares in the company, valued at approximately $3,604,192.80. This represents a 1.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EnerSys Stock Performance

Shares of ENS opened at $85.41 on Thursday. The stock has a 50-day moving average of $87.21 and a two-hundred day moving average of $93.32. EnerSys has a one year low of $76.57 and a one year high of $112.53. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The stock has a market cap 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 (NYSE:ENS) last issued its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.19. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. The company had revenue of $974.80 million during the quarter, compared to analysts’ expectations of $973.45 million. During the same quarter 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 predict that EnerSys will post 9.99 EPS for the current year.

EnerSys Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, June 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.12%. EnerSys’s dividend payout ratio is currently 10.65%.

Analyst Upgrades and Downgrades

ENS has been the subject 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 issued a $120.00 price objective on shares of EnerSys in a research report on Wednesday, May 14th.

Institutional Trading of EnerSys

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP lifted its position in EnerSys by 153.4% during the 4th quarter. Quarry LP now owns 337 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 204 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of EnerSys by 2,500.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock valued at $31,000 after buying an additional 325 shares during the period. Gen Wealth Partners Inc acquired a new position in shares of EnerSys in the 1st quarter valued at about $36,000. UMB Bank n.a. lifted its holdings in shares of EnerSys by 197.2% in the 1st quarter. UMB Bank n.a. now owns 428 shares of the industrial products company’s stock valued at $39,000 after buying an additional 284 shares during the period. Finally, Headlands Technologies LLC lifted its holdings in shares of EnerSys by 937.2% in the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company’s stock valued at $41,000 after buying an additional 403 shares during the period. Institutional investors and hedge funds 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.