324,254 Shares in Enersys $ENS Bought by Nuveen LLC

Nuveen LLC bought a new position in Enersys (NYSE:ENS - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 324,254 shares of the industrial products company's stock, valued at approximately $29,695,000. Nuveen LLC owned approximately 0.82% of Enersys as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Entropy Technologies LP purchased a new position in Enersys during the first quarter valued at $275,000. Global Alpha Capital Management Ltd. increased its holdings in Enersys by 1.1% in the 1st quarter. Global Alpha Capital Management Ltd. now owns 33,908 shares of the industrial products company's stock worth $3,105,000 after acquiring an additional 360 shares in the last quarter. Covestor Ltd grew its holdings in Enersys by 34.0% during the 1st quarter. Covestor Ltd now owns 1,036 shares of the industrial products company's stock valued at $95,000 after buying an additional 263 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of Enersys by 100.6% in the 1st quarter. Deutsche Bank AG now owns 106,776 shares of the industrial products company's stock worth $9,779,000 after purchasing an additional 53,537 shares during the period. Finally, Ruffer LLP purchased a new stake in shares of Enersys during the first quarter valued at $5,892,000. Hedge funds and other institutional investors own 94.93% of the company's stock.

Enersys Stock Performance

ENS traded up $0.4650 during trading hours on Thursday, hitting $98.0850. 105,653 shares of the stock were exchanged, compared to its average volume of 370,752. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 0.57 and a beta of 1.08. Enersys has a 12 month low of $76.57 and a 12 month high of $104.36. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.00 and a quick ratio of 1.91. The stock has a 50-day simple moving average of $90.40 and a 200-day simple moving average of $91.49.

Enersys (NYSE:ENS - Get Free Report) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.03. Enersys had a return on equity of 21.99% and a net margin of 9.60%.The firm had revenue of $893.00 million for the quarter, compared to the consensus estimate of $848.02 million. During the same quarter in the previous year, the business earned $1.98 EPS. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. Analysts anticipate that Enersys will post 9.99 earnings per share for the current year.

Enersys Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be issued a $0.2625 dividend. The ex-dividend date is Friday, September 12th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Enersys's previous quarterly dividend of $0.24. Enersys's dividend payout ratio is currently 11.99%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ENS shares. Wall Street Zen cut shares of Enersys from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Roth Mkm reissued a "buy" rating and issued a $120.00 price objective on shares of Enersys in a research note on Wednesday, May 14th. Roth Capital restated a "buy" rating and set a $120.00 price objective on shares of Enersys in a research report on Tuesday, August 5th. Finally, Oppenheimer reaffirmed an "outperform" rating on shares of Enersys in a report on Friday, August 8th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $118.33.

Insiders Place Their Bets

In other news, CEO Shawn M. O'connell bought 475 shares of the company's stock in a transaction on 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 transaction, the chief executive officer directly owned 43,030 shares in the company, valued at approximately $3,604,192.80. This trade represents a 1.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrea J. Funk acquired 315 shares of the stock in a transaction dated Friday, May 23rd. The shares were bought at an average cost of $80.20 per share, for a total transaction of $25,263.00. Following the acquisition, the chief financial officer owned 50,645 shares in the company, valued at $4,061,729. The trade was a 0.63% increase in their position. The disclosure for this purchase can be found here. Insiders bought 1,085 shares of company stock worth $89,726 over the last ninety days. 0.91% of the stock is currently owned by company insiders.

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.