Ruffer LLP Buys Shares of 64,334 Enersys (NYSE:ENS)

Ruffer LLP acquired a new position in shares of Enersys (NYSE:ENS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 64,334 shares of the industrial products company's stock, valued at approximately $5,892,000. Ruffer LLP owned 0.16% of Enersys as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Enersys by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company's stock valued at $136,583,000 after acquiring an additional 13,104 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Enersys by 1.1% in the 4th quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company's stock worth $122,262,000 after purchasing an additional 13,786 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Enersys by 13.4% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company's stock worth $95,021,000 after purchasing an additional 121,758 shares during the period. Northern Trust Corp boosted its stake in Enersys by 6.2% in the 4th quarter. Northern Trust Corp now owns 607,105 shares of the industrial products company's stock worth $56,115,000 after purchasing an additional 35,667 shares during the period. Finally, Paradigm Capital Management Inc. NY boosted its stake in Enersys by 3.3% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 477,972 shares of the industrial products company's stock worth $44,179,000 after purchasing an additional 15,472 shares during the period. Institutional investors and hedge funds own 94.93% of the company's stock.

Insider Activity

In related news, CEO Shawn M. O'connell acquired 475 shares of the company's stock in a transaction dated Friday, May 30th. The shares were bought at an average price of $83.76 per share, for a total transaction of $39,786.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrea J. Funk acquired 315 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were bought at an average price 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 approximately $4,061,729. This trade represents a 0.63% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 1,085 shares of company stock worth $89,726. Insiders own 0.91% of the company's stock.

Wall Street Analysts Forecast Growth

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

Enersys Stock Performance

ENS traded up $0.28 during trading on Tuesday, hitting $91.46. The stock had a trading volume of 299,448 shares, compared to its average volume of 317,735. The firm has a market cap of $3.59 billion, a PE ratio of 10.15, a P/E/G ratio of 0.52 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 current ratio of 2.70, a quick ratio of 1.74 and a debt-to-equity ratio of 0.56. The company has a 50 day simple moving average of $87.74 and a 200-day simple moving average of $91.55.

Enersys (NYSE:ENS - Get Free Report) last announced its earnings results on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.78 by $0.19. The firm 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 business's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.08 EPS. Analysts expect that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The business also recently disclosed 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 was Friday, June 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.0%. Enersys's payout ratio is presently 10.65%.

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.