Trium Capital LLP Acquires New Position in Enersys (NYSE:ENS)

Trium Capital LLP acquired a new position in Enersys (NYSE:ENS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,872 shares of the industrial products company's stock, valued at approximately $355,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Lightrock Netherlands B.V. raised its position in shares of Enersys by 13.1% in the 1st quarter. Lightrock Netherlands B.V. now owns 145,764 shares of the industrial products company's stock worth $13,371,000 after acquiring an additional 16,914 shares in the last quarter. Carmel Capital Management L.L.C. increased its stake in shares of Enersys by 47.2% in the 1st quarter. Carmel Capital Management L.L.C. now owns 66,295 shares of the industrial products company's stock worth $6,071,000 after acquiring an additional 21,250 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Enersys by 74.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 68,542 shares of the industrial products company's stock worth $6,339,000 after acquiring an additional 29,268 shares in the last quarter. Perpetual Ltd increased its stake in shares of Enersys by 14.1% in the 1st quarter. Perpetual Ltd now owns 4,841 shares of the industrial products company's stock worth $443,000 after acquiring an additional 600 shares in the last quarter. Finally, Advisor Resource Council bought a new position in shares of Enersys in the 1st quarter worth about $1,263,000. 94.93% of the stock is currently owned by institutional investors.

Enersys Stock Up 0.3%

Shares of ENS traded up $0.29 on Thursday, hitting $88.74. 376,993 shares of the stock traded hands, compared to its average volume of 321,767. The company has a market capitalization of $3.48 billion, a PE ratio of 9.85, a P/E/G ratio of 0.51 and a beta of 1.07. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.74 and a current ratio of 2.70. The business has a 50 day simple moving average of $88.54 and a 200 day simple moving average of $91.86. Enersys has a one year low of $76.57 and a one year high of $112.53.

Enersys (NYSE:ENS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.19. The company had revenue of $974.80 million during 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% compared to the same quarter last year. During the same quarter last year, the firm earned $2.08 earnings per share. As a group, equities analysts forecast that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a $0.24 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.96 annualized dividend and a yield of 1.08%. Enersys's payout ratio is 10.65%.

Insider Activity

In related news, CFO Andrea J. Funk bought 315 shares of the business's stock in a transaction on Friday, May 23rd. The stock was acquired at an average price of $80.20 per share, with a total value of $25,263.00. Following the transaction, 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 purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Shawn M. O'connell bought 475 shares of the business's stock in a transaction on Friday, May 30th. The stock was 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 owned 43,030 shares in the company, valued at $3,604,192.80. This trade represents a 1.12% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 1,085 shares of company stock valued at $89,726 over the last quarter. 0.91% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Enersys from a "buy" rating to a "strong-buy" rating in a research note on Sunday, June 29th. Roth Capital reaffirmed a "buy" rating on shares of Enersys in a research report on Thursday, May 22nd. Finally, Roth Mkm reaffirmed a "buy" rating and set a $120.00 price objective on shares of Enersys in a research report on Wednesday, May 14th.

Enersys 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.