South Dakota Investment Council Has $1.60 Million Position in Enersys (NYSE:ENS)

South Dakota Investment Council lessened its holdings in Enersys (NYSE:ENS - Free Report) by 60.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,493 shares of the industrial products company's stock after selling 26,769 shares during the period. South Dakota Investment Council's holdings in Enersys were worth $1,602,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ENS. Quarry LP lifted its position in Enersys by 153.4% during the 4th quarter. Quarry LP now owns 337 shares of the industrial products company's stock worth $31,000 after acquiring an additional 204 shares during the last quarter. UMB Bank n.a. lifted its position in Enersys by 197.2% during the 1st quarter. UMB Bank n.a. now owns 428 shares of the industrial products company's stock worth $39,000 after acquiring an additional 284 shares during the last quarter. Headlands Technologies LLC lifted its position in Enersys by 937.2% during the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock worth $41,000 after acquiring an additional 403 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Enersys by 25.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock worth $46,000 after acquiring an additional 100 shares during the last quarter. Finally, CX Institutional acquired a new position in Enersys during the 1st quarter worth $69,000. Institutional investors and hedge funds own 94.93% of the company's stock.

Wall Street Analysts Forecast Growth

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

Enersys Trading Down 1.4%

NYSE ENS traded down $1.31 during trading hours on Thursday, hitting $93.10. The company's stock had a trading volume of 92,214 shares, compared to its average volume of 372,108. The stock has a fifty day moving average of $87.71 and a 200 day moving average of $91.59. Enersys has a twelve month low of $76.57 and a twelve month high of $112.53. The firm has a market capitalization of $3.65 billion, a P/E ratio of 10.34, a PEG ratio of 0.52 and a beta of 1.07. The company has a quick ratio of 1.74, a current ratio of 2.70 and a debt-to-equity ratio of 0.56.

Enersys (NYSE:ENS - Get Free Report) last issued its quarterly earnings data 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. Enersys had a net margin of 10.05% and a return on equity of 22.12%. The company had revenue of $974.80 million during the quarter, compared to the consensus estimate of $973.45 million. During the same quarter in the prior year, the firm earned $2.08 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year. Equities research analysts forecast that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Friday, June 13th. Enersys's dividend payout ratio (DPR) is currently 10.65%.

Insiders Place Their Bets

In other Enersys news, CFO Andrea J. Funk acquired 315 shares of the company's stock in a transaction on Friday, May 23rd. The stock was acquired at an average price of $80.20 per share, for a total transaction of $25,263.00. Following the purchase, the chief financial officer directly owned 50,645 shares of the company's stock, valued at $4,061,729. This trade represents a 0.63% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Shawn M. O'connell acquired 475 shares of the company's stock in a transaction on Friday, May 30th. The stock was acquired at an average price of $83.76 per share, with a total value of $39,786.00. Following the purchase, the chief executive officer directly owned 43,030 shares in the company, 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 ninety days, insiders purchased 1,085 shares of company stock valued at $89,726. 0.91% of the stock is owned by insiders.

Enersys Company 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.