Enersys (NYSE:ENS) Shares Sold by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC decreased its position in shares of Enersys (NYSE:ENS - Free Report) by 59.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,678 shares of the industrial products company's stock after selling 3,970 shares during the quarter. Carolina Wealth Advisors LLC's holdings in Enersys were worth $245,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. QRG Capital Management Inc. lifted its position in shares of Enersys by 23.1% during the 1st quarter. QRG Capital Management Inc. now owns 7,046 shares of the industrial products company's stock valued at $645,000 after buying an additional 1,323 shares in the last quarter. CX Institutional purchased a new position in shares of Enersys during the 1st quarter valued at approximately $69,000. Charles Schwab Investment Management Inc. lifted its position in shares of Enersys by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company's stock valued at $56,338,000 after buying an additional 15,133 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Enersys by 13.7% during the 4th quarter. Cetera Investment Advisers now owns 8,274 shares of the industrial products company's stock valued at $765,000 after buying an additional 997 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Enersys by 37.0% during the 4th quarter. LPL Financial LLC now owns 13,322 shares of the industrial products company's stock valued at $1,231,000 after buying an additional 3,601 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

Enersys Price Performance

ENS stock traded up $0.57 during midday trading on Friday, reaching $86.85. The stock had a trading volume of 1,193,733 shares, compared to its average volume of 315,248. The company's fifty day simple moving average is $87.87 and its 200 day simple moving average is $92.11. The company has a current ratio of 2.70, a quick ratio of 1.74 and a debt-to-equity ratio of 0.56. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.50 and a beta of 1.08. Enersys has a 52-week low of $76.57 and a 52-week high of $112.53.

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

Enersys Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were issued 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 1.11%. Enersys's dividend payout ratio is presently 10.65%.

Insider Transactions at Enersys

In other 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 transaction, the chief financial officer now directly owns 50,645 shares in the company, valued at $4,061,729. The trade was a 0.63% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Shawn M. O'connell acquired 475 shares of the stock in a transaction dated Friday, May 30th. The shares were bought at an average cost of $83.76 per share, with a total value of $39,786.00. Following the completion of the transaction, 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 position. The disclosure for this purchase can be found here. Insiders have purchased a total of 1,085 shares of company stock worth $89,726 in the last quarter. Company insiders own 0.91% of the company's stock.

Analyst Ratings Changes

ENS has been the topic of a number of recent analyst reports. Roth Mkm reiterated a "buy" rating and set a $120.00 target price on shares of Enersys in a research report on Wednesday, May 14th. Roth Capital reiterated a "buy" rating on shares of Enersys in a research report on Thursday, May 22nd. Finally, Wall Street Zen upgraded Enersys from a "buy" rating to a "strong-buy" rating in a research report on Sunday.

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.