Squarepoint Ops LLC Buys 14,290 Shares of EnerSys (NYSE:ENS)

Squarepoint Ops LLC boosted its holdings in shares of EnerSys (NYSE:ENS - Free Report) by 213.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,997 shares of the industrial products company's stock after acquiring an additional 14,290 shares during the period. Squarepoint Ops LLC owned about 0.05% of EnerSys worth $1,941,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Barclays PLC raised its stake in EnerSys by 87.2% during the third quarter. Barclays PLC now owns 184,110 shares of the industrial products company's stock worth $18,788,000 after purchasing an additional 85,742 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of EnerSys by 12.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,502 shares of the industrial products company's stock valued at $1,618,000 after buying an additional 1,876 shares during the last quarter. KBC Group NV grew its holdings in EnerSys by 64.0% during the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company's stock worth $172,000 after acquiring an additional 727 shares in the last quarter. R Squared Ltd acquired a new position in EnerSys in the fourth quarter worth about $47,000. Finally, Trust Point Inc. grew its position in shares of EnerSys by 10.3% in the 4th quarter. Trust Point Inc. now owns 7,526 shares of the industrial products company's stock worth $696,000 after acquiring an additional 702 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ENS shares. Roth Capital reaffirmed a "buy" rating on shares of EnerSys in a research report on Thursday, May 22nd. Roth Mkm reissued a "buy" rating and set a $120.00 price target on shares of EnerSys in a report on Wednesday, May 14th.

Insiders Place Their Bets

In other news, CFO Andrea J. Funk purchased 315 shares of EnerSys stock in a transaction on Friday, May 23rd. The shares were purchased at an average cost of $80.20 per share, for a total transaction of $25,263.00. Following the completion of the transaction, the chief financial officer now directly owns 50,645 shares in the company, valued at approximately $4,061,729. This represents a 0.63% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.61% of the company's stock.

EnerSys Stock Down 0.4%

ENS traded down $0.31 during trading on Friday, reaching $83.66. 485,596 shares of the stock traded hands, compared to its average volume of 298,117. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. The stock's 50-day simple moving average is $87.84 and its two-hundred day simple moving average is $93.59. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53.

EnerSys (NYSE:ENS - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The company had revenue of $974.80 million for the quarter, compared to analyst estimates of $973.45 million. During the same quarter last year, the firm posted $2.08 earnings per share. The company's quarterly revenue was up 7.0% compared to the same quarter last year. As a group, equities research analysts expect that EnerSys will post 9.99 EPS for the current year.

EnerSys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a $0.24 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.15%. EnerSys's dividend payout ratio is currently 10.65%.

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.