3,700 Shares in Enersys (NYSE:ENS) Bought by Alps Advisors Inc.

Alps Advisors Inc. bought a new position in shares of Enersys (NYSE:ENS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,700 shares of the industrial products company's stock, valued at approximately $339,000.

A number of other hedge funds also recently bought and sold shares of the stock. Hillsdale Investment Management Inc. increased its holdings in shares of Enersys by 0.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after acquiring an additional 100 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Enersys by 25.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock valued at $46,000 after acquiring an additional 100 shares in the last quarter. Aquatic Capital Management LLC raised its stake in Enersys by 2.5% in the 4th quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company's stock worth $502,000 after acquiring an additional 133 shares during the last quarter. Mariner LLC raised its stake in Enersys by 3.4% in the 4th quarter. Mariner LLC now owns 4,460 shares of the industrial products company's stock worth $412,000 after acquiring an additional 147 shares during the last quarter. Finally, Heritage Family Offices LLP raised its stake in Enersys by 7.1% in the 1st quarter. Heritage Family Offices LLP now owns 2,683 shares of the industrial products company's stock worth $246,000 after acquiring an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

Enersys Trading Down 1.0%

NYSE ENS traded down $0.89 on Friday, reaching $88.63. The stock had a trading volume of 259,142 shares, compared to its average volume of 323,826. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of 0.51 and a beta of 1.07. The company has a quick ratio of 1.74, a current ratio of 2.70 and a debt-to-equity ratio of 0.56. Enersys has a 12-month low of $76.57 and a 12-month high of $112.53. The stock has a fifty day moving average price of $88.12 and a two-hundred day moving average price of $91.64.

Enersys (NYSE:ENS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.19. Enersys had a return on equity of 22.12% and a net margin of 10.05%. The business had revenue of $974.80 million for the quarter, compared to analyst estimates of $973.45 million. During the same quarter in the prior year, the company earned $2.08 earnings per share. The company's revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts forecast that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.08%. Enersys's dividend payout ratio (DPR) is 10.65%.

Insider Activity

In related news, CFO Andrea J. Funk bought 315 shares of the company's stock in a transaction on Friday, May 23rd. The stock was bought 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 owned 50,645 shares in the company, valued at approximately $4,061,729. This represents a 0.63% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Shawn M. O'connell acquired 475 shares of the company's stock in a transaction dated Friday, May 30th. The shares were acquired at an average cost of $83.76 per share, with a total value of $39,786.00. Following the completion of the purchase, the chief executive officer owned 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 disclosure for this purchase can be found here. Insiders have bought 1,085 shares of company stock valued at $89,726 in the last quarter. Insiders own 0.91% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on ENS. Roth Capital reaffirmed a "buy" rating on shares of Enersys in a research report on Thursday, May 22nd. Roth Mkm reaffirmed a "buy" rating and set a $120.00 price target on shares of Enersys in a research report on Wednesday, May 14th. Finally, Wall Street Zen raised Enersys from a "buy" rating to a "strong-buy" rating in a research report on Sunday, June 29th.

Enersys Company 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.