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

Two Sigma Investments LP acquired a new position in EnerSys (NYSE:ENS - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,128 shares of the industrial products company's stock, valued at approximately $1,029,000.

A number of other large investors have also recently bought and sold shares of ENS. Hillsdale Investment Management Inc. raised its position in shares of EnerSys by 0.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after buying an additional 100 shares during the last quarter. Canada Pension Plan Investment Board boosted 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 acquiring an additional 100 shares during the last quarter. Aquatic Capital Management LLC boosted its position in shares of EnerSys by 2.5% during the fourth quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company's stock worth $502,000 after purchasing an additional 133 shares in the last quarter. Mariner LLC boosted its position in shares of 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 in the last quarter. Finally, Aurora Investment Counsel raised its holdings in shares of 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 acquiring an additional 173 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ENS has been the subject of a number of analyst reports. Roth Mkm reissued a "buy" rating and issued a $120.00 price objective on shares of EnerSys in a research report on Wednesday, May 14th. Roth Capital reiterated a "buy" rating on shares of EnerSys in a research note on Thursday, May 22nd.

EnerSys Stock Up 1.7%

Shares of ENS traded up $1.49 during trading hours on Friday, reaching $87.06. 427,023 shares of the stock traded hands, compared to its average volume of 303,922. The stock has a fifty day simple moving average of $87.08 and a 200 day simple moving average of $93.25. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 0.57 and a beta of 1.08. EnerSys has a 52 week low of $76.57 and a 52 week high of $112.53.

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

EnerSys Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders 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 dividend yield of 1.10%. EnerSys's payout ratio is 10.65%.

Insider Transactions at EnerSys

In other news, CEO Shawn M. O'connell bought 475 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was bought at an average price of $83.76 per share, with a total value of $39,786.00. Following the acquisition, the chief executive officer now owns 43,030 shares of the company's stock, valued at approximately $3,604,192.80. This represents a 1.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Andrea J. Funk bought 315 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were acquired at an average price 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 position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 1,085 shares of company stock worth $89,726. 1.61% of the stock is currently owned by insiders.

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.