Lightrock Netherlands B.V. Has $13.37 Million Holdings in Enersys (NYSE:ENS)

Lightrock Netherlands B.V. grew its stake in Enersys (NYSE:ENS - Free Report) by 13.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,764 shares of the industrial products company's stock after purchasing an additional 16,914 shares during the period. Enersys comprises about 3.5% of Lightrock Netherlands B.V.'s investment portfolio, making the stock its 8th biggest position. Lightrock Netherlands B.V. owned about 0.37% of Enersys worth $13,371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its stake in Enersys by 23.1% during the first quarter. QRG Capital Management Inc. now owns 7,046 shares of the industrial products company's stock worth $645,000 after buying an additional 1,323 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Enersys by 11.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,760 shares of the industrial products company's stock valued at $1,077,000 after purchasing an additional 1,165 shares in the last quarter. CX Institutional acquired a new stake in shares of Enersys in the 1st quarter valued at $69,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Enersys by 2.5% in 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 purchasing an additional 15,133 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Enersys by 13.7% in the 4th quarter. Cetera Investment Advisers now owns 8,274 shares of the industrial products company's stock valued at $765,000 after purchasing an additional 997 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

Enersys Price Performance

NYSE ENS traded up $0.24 on Friday, hitting $90.22. 372,971 shares of the company were exchanged, compared to its average volume of 319,459. The firm has a 50 day moving average of $88.42 and a two-hundred day moving average of $91.98. The company has a market cap of $3.54 billion, a P/E ratio of 10.01, a P/E/G ratio of 0.52 and a beta of 1.07. The company has a current ratio of 2.70, a quick ratio of 1.74 and a debt-to-equity ratio of 0.56. Enersys has a 1-year low of $76.57 and a 1-year high of $112.53.

Enersys (NYSE:ENS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share (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 net margin of 10.05% and a return on equity of 22.12%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.08 EPS. On average, equities analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Friday, June 13th. Enersys's payout ratio is 10.65%.

Analysts Set New Price Targets

ENS has been the topic of several recent analyst reports. Roth Capital restated a "buy" rating on shares of Enersys in a research note on Thursday, May 22nd. Wall Street Zen upgraded shares of Enersys from a "buy" rating to a "strong-buy" rating in a research report on Sunday, June 29th. Finally, Roth Mkm reiterated a "buy" rating and set a $120.00 price target on shares of Enersys in a research report on Wednesday, May 14th.

Insider Transactions at Enersys

In other news, CEO Shawn M. O'connell acquired 475 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was purchased at an average price 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 in the company, valued at $3,604,192.80. This trade represents a 1.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Andrea J. Funk bought 315 shares of the stock in a transaction on Friday, May 23rd. The stock was purchased at an average cost of $80.20 per share, with a total value of $25,263.00. Following the purchase, the chief financial officer directly owned 50,645 shares of the company's stock, valued at approximately $4,061,729. This represents a 0.63% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 1,085 shares of company stock worth $89,726. Company insiders own 0.91% of the company's stock.

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.