EnerSys (NYSE:ENS) Shares Sold by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lowered its position in EnerSys (NYSE:ENS) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,521 shares of the industrial products company’s stock after selling 138 shares during the quarter. Integrated Investment Consultants LLC’s holdings in EnerSys were worth $461,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of EnerSys by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 4,396,164 shares of the industrial products company’s stock valued at $415,262,000 after acquiring an additional 60,021 shares in the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of EnerSys by 2,444.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 47,758 shares of the industrial products company’s stock valued at $4,488,000 after buying an additional 45,881 shares during the period. Assenagon Asset Management S.A. lifted its position in EnerSys by 354.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 65,336 shares of the industrial products company’s stock worth $6,764,000 after acquiring an additional 50,958 shares in the last quarter. Comerica Bank boosted its holdings in EnerSys by 12.1% in the 1st quarter. Comerica Bank now owns 56,822 shares of the industrial products company’s stock worth $5,367,000 after acquiring an additional 6,133 shares during the period. Finally, Shell Asset Management Co. acquired a new stake in EnerSys in the first quarter valued at approximately $858,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Insider Transactions at EnerSys

In other EnerSys news, VP Joern Tinnemeyer sold 2,200 shares of the business’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 $220,000.00. Following the completion of the transaction, the vice president now directly owns 25,368 shares of the company’s stock, valued at $2,536,800. The trade was a 7.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Chad C. Uplinger sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $100.87, for a total transaction of $50,435.00. Following the completion of the sale, the insider now owns 17,175 shares in the company, valued at $1,732,442.25. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,700 shares of company stock worth $2,271,843. 1.61% of the stock is currently owned by insiders.

EnerSys Trading Up 0.9 %

NYSE ENS opened at $95.15 on Friday. The company’s fifty day moving average price is $99.62 and its two-hundred day moving average price is $101.01. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 13.48, a price-to-earnings-growth ratio of 0.59 and a beta of 1.24. EnerSys has a 12 month low of $86.41 and a 12 month high of $112.53. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 1.87.

EnerSys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $891.78 million. During the same period in the previous year, the company earned $1.84 earnings per share. EnerSys’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, research analysts predict that EnerSys will post 8.86 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.01%. EnerSys’s dividend payout ratio (DPR) is 13.60%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Roth Mkm restated a “buy” rating and issued a $120.00 target price on shares of EnerSys in a research note on Monday, September 23rd. StockNews.com downgraded EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, Roth Capital upgraded EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, EnerSys has a consensus rating of “Moderate Buy” and a consensus 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.