Captrust Financial Advisors Acquires 227 Shares of EnerSys (NYSE:ENS)

Captrust Financial Advisors grew its holdings in shares of EnerSys (NYSE:ENS) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,040 shares of the industrial products company’s stock after purchasing an additional 227 shares during the period. Captrust Financial Advisors’ holdings in EnerSys were worth $412,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Martingale Asset Management L P grew its position in shares of EnerSys by 1.9% in the 3rd quarter. Martingale Asset Management L P now owns 41,741 shares of the industrial products company’s stock valued at $4,260,000 after buying an additional 792 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of EnerSys by 9.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 46,318 shares of the industrial products company’s stock worth $4,727,000 after acquiring an additional 3,835 shares during the period. BNP Paribas Financial Markets boosted its holdings in EnerSys by 38.7% in the third quarter. BNP Paribas Financial Markets now owns 43,519 shares of the industrial products company’s stock valued at $4,441,000 after acquiring an additional 12,145 shares during the last quarter. FMR LLC increased its position in EnerSys by 41.6% during the 3rd quarter. FMR LLC now owns 137,003 shares of the industrial products company’s stock valued at $13,981,000 after purchasing an additional 40,220 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in EnerSys by 8.7% during the 3rd quarter. Fisher Asset Management LLC now owns 425,285 shares of the industrial products company’s stock worth $43,400,000 after purchasing an additional 34,173 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on ENS. Roth Mkm reaffirmed a “buy” rating and issued a $120.00 price objective on shares of EnerSys in a research note on Monday, September 23rd. Roth Capital raised shares of EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Finally, StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 6th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, EnerSys has an average rating of “Buy” and an average target price of $118.00.

Insider Buying and Selling at EnerSys

In other news, CEO David M. Shaffer sold 20,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were 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 of the company’s stock, valued at $20,674,467.24. The trade was a 8.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.61% of the company’s stock.

EnerSys Stock Performance

NYSE:ENS opened at $93.26 on Friday. The company has a quick ratio of 1.87, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. EnerSys has a twelve month low of $86.41 and a twelve month high of $112.53. The company has a fifty day moving average of $98.22 and a 200-day moving average of $100.71. The firm has a market capitalization of $3.71 billion, a P/E ratio of 13.21, a P/E/G ratio of 0.60 and a beta of 1.22.

EnerSys (NYSE:ENS) last posted its quarterly earnings results 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. The firm had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. EnerSys had a net margin of 8.25% and a return on equity of 20.04%. The business’s revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 earnings per share. As a group, sell-side analysts anticipate that EnerSys will post 8.86 EPS for the current year.

EnerSys Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.96 annualized dividend and a yield of 1.03%. EnerSys’s payout ratio is currently 13.60%.

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.