Two Sigma Investments LP Invests $1.03 Million in EnerSys (NYSE:ENS)

Two Sigma Investments LP purchased a new stake in EnerSys (NYSE:ENS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,128 shares of the industrial products company's stock, valued at approximately $1,029,000.

Other large investors have also added to or reduced their stakes in the company. Hillsdale Investment Management Inc. lifted its position in shares of EnerSys by 0.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after acquiring an additional 100 shares during the period. Canada Pension Plan Investment Board raised its stake in EnerSys by 25.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock valued at $46,000 after purchasing an additional 100 shares in the last quarter. Aquatic Capital Management LLC raised its stake in EnerSys by 2.5% in the fourth quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company's stock valued at $502,000 after purchasing an additional 133 shares in the last quarter. Mariner LLC lifted its position in EnerSys by 3.4% during the fourth quarter. Mariner LLC now owns 4,460 shares of the industrial products company's stock worth $412,000 after purchasing an additional 147 shares during the period. Finally, Aurora Investment Counsel grew its stake in EnerSys by 0.9% during the fourth quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock worth $1,875,000 after buying an additional 173 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

Insiders Place Their Bets

In related news, CEO Shawn M. O'connell acquired 475 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was acquired at an average cost of $83.76 per share, for a total transaction of $39,786.00. Following the completion of the acquisition, the chief executive officer now directly owns 43,030 shares of the company's stock, valued at approximately $3,604,192.80. This trade represents a 1.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrea J. Funk bought 315 shares of the business's stock in a transaction on 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 completion of the acquisition, the chief financial officer now directly owns 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. Insiders bought a total of 1,085 shares of company stock valued at $89,726 in the last 90 days. Corporate insiders own 1.61% of the company's stock.

EnerSys Price Performance

Shares of EnerSys stock traded up $1.29 during midday trading on Monday, hitting $88.21. 453,069 shares of the company traded hands, compared to its average volume of 304,137. The firm's fifty day moving average price is $86.97 and its 200-day moving average price is $93.18. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 10.92, a PEG 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 $112.53. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06.

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

EnerSys Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.24 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.09%. EnerSys's payout ratio is presently 10.65%.

Wall Street Analyst Weigh In

ENS has been the topic of a number of research analyst reports. Roth Mkm reaffirmed a "buy" rating and issued a $120.00 target price on shares of EnerSys in a report on Wednesday, May 14th. Roth Capital restated a "buy" rating on shares of EnerSys in a research report on Thursday, May 22nd.

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.