111 Capital Buys Shares of 5,031 EnerSys (NYSE:ENS)

111 Capital purchased a new position in EnerSys (NYSE:ENS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,031 shares of the industrial products company's stock, valued at approximately $465,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ENS. Norges Bank purchased a new stake in EnerSys in the fourth quarter worth $49,222,000. Millennium Management LLC grew its stake in EnerSys by 3,833.5% in the fourth quarter. Millennium Management LLC now owns 414,748 shares of the industrial products company's stock worth $38,335,000 after purchasing an additional 404,204 shares during the period. Boston Partners grew its stake in EnerSys by 47.1% in the fourth quarter. Boston Partners now owns 845,496 shares of the industrial products company's stock worth $78,801,000 after purchasing an additional 270,726 shares during the period. JPMorgan Chase & Co. grew its stake in EnerSys by 113.0% in the fourth quarter. JPMorgan Chase & Co. now owns 298,991 shares of the industrial products company's stock worth $27,636,000 after purchasing an additional 158,617 shares during the period. Finally, Lightrock Netherlands B.V. purchased a new stake in EnerSys in the fourth quarter worth $11,969,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other EnerSys news, CFO Andrea J. Funk purchased 315 shares of the stock in a transaction dated Friday, May 23rd. The shares were purchased at an average cost of $80.20 per share, with a total value of $25,263.00. Following the completion of the acquisition, the chief financial officer now directly owns 50,645 shares in the company, valued at $4,061,729. This trade represents a 0.63% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Shawn M. O'connell purchased 475 shares of the stock in a transaction dated Friday, May 30th. The shares were acquired at an average cost of $83.76 per share, for a total transaction of $39,786.00. Following the completion of the acquisition, the chief executive officer now owns 43,030 shares of the company's stock, valued at approximately $3,604,192.80. This represents a 1.12% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 1,085 shares of company stock valued at $89,726 over the last ninety days. 1.61% of the stock is currently owned by corporate insiders.

EnerSys Stock Up 4.0%

EnerSys stock traded up $3.26 during mid-day trading on Tuesday, hitting $85.34. The company had a trading volume of 754,974 shares, compared to its average volume of 301,595. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The stock's 50 day moving average price is $87.36 and its two-hundred day moving average price is $93.38. EnerSys has a 12 month low of $76.57 and a 12 month high of $112.53. The company has a market capitalization of $3.34 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.

EnerSys (NYSE:ENS - Get Free Report) last released its earnings results on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.78 by $0.19. The business had revenue of $974.80 million for the quarter, compared to the consensus estimate of $973.45 million. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.08 earnings per share. As a group, sell-side analysts anticipate that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Announces Dividend

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

Analyst Ratings Changes

ENS has been the topic of several analyst reports. Roth Capital reissued a "buy" rating on shares of EnerSys in a report on Thursday, May 22nd. Roth Mkm reissued a "buy" rating and issued a $120.00 target price on shares of EnerSys in a report on Wednesday, May 14th.

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.