Alps Advisors Inc. Takes $339,000 Position in Enersys (NYSE:ENS)

Alps Advisors Inc. purchased a new position in Enersys (NYSE:ENS - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,700 shares of the industrial products company's stock, valued at approximately $339,000.

Several other large investors also recently bought and sold shares of the business. Quarry LP boosted its stake in Enersys by 153.4% during the fourth quarter. Quarry LP now owns 337 shares of the industrial products company's stock worth $31,000 after buying an additional 204 shares during the period. UMB Bank n.a. boosted its stake in Enersys by 197.2% during the first quarter. UMB Bank n.a. now owns 428 shares of the industrial products company's stock worth $39,000 after buying an additional 284 shares during the period. Headlands Technologies LLC boosted its stake in shares of Enersys by 937.2% during the fourth quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 403 shares during the period. Canada Pension Plan Investment Board boosted its stake 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 purchasing an additional 100 shares during the period. Finally, CX Institutional purchased a new stake in shares of Enersys during the first quarter valued at $69,000. Institutional investors own 94.93% of the company's stock.

Insider Activity at Enersys

In related news, CFO Andrea J. Funk acquired 315 shares of the stock in a transaction on Friday, May 23rd. The shares were acquired at an average price of $80.20 per share, for a total transaction of $25,263.00. Following the transaction, the chief financial officer owned 50,645 shares in the company, valued at approximately $4,061,729. This trade represents a 0.63% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Shawn M. O'connell acquired 475 shares of the firm's stock in a transaction on Friday, May 30th. The shares were bought 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 owned 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. In the last quarter, insiders purchased 1,085 shares of company stock worth $89,726. 0.91% of the stock is owned by corporate insiders.

Enersys Stock Down 1.0%

Shares of ENS stock traded down $0.89 during mid-day trading on Friday, hitting $88.63. 259,142 shares of the stock traded hands, compared to its average volume of 323,826. The stock has a market cap of $3.47 billion, a P/E ratio of 9.84, a P/E/G ratio of 0.51 and a beta of 1.07. The stock's fifty day moving average is $88.12 and its two-hundred day moving average is $91.64. Enersys has a 52-week low of $76.57 and a 52-week high of $112.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.70 and a quick ratio of 1.74.

Enersys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, beating the consensus estimate of $2.78 by $0.19. The firm had revenue of $974.80 million during the quarter, compared to analyst estimates of $973.45 million. Enersys had a net margin of 10.05% and a return on equity of 22.12%. Enersys's revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm posted $2.08 EPS. Equities analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ENS. Wall Street Zen raised shares of Enersys from a "buy" rating to a "strong-buy" rating in a research note on Sunday, June 29th. Roth Mkm restated a "buy" rating and issued a $120.00 price objective on shares of Enersys in a report on Wednesday, May 14th. Finally, Roth Capital restated a "buy" rating on shares of Enersys in a report on Thursday, May 22nd.

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.