EnerSys (NYSE:ENS) CFO Andrea J. Funk Purchases 315 Shares

EnerSys (NYSE:ENS - Get Free Report) CFO Andrea J. Funk bought 315 shares of EnerSys stock in a transaction dated Friday, May 23rd. The shares were acquired at an average cost of $80.20 per share, with a total value of $25,263.00. Following the completion of the purchase, the chief financial officer now owns 50,645 shares in the company, valued at approximately $4,061,729. This trade represents a 0.63% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

EnerSys Price Performance

NYSE ENS traded down $0.31 during mid-day trading on Friday, hitting $83.66. The stock had a trading volume of 485,596 shares, compared to its average volume of 298,114. The firm's 50 day moving average is $87.84 and its 200 day moving average is $93.59. 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 capitalization of $3.28 billion, a price-to-earnings ratio of 10.35, a PEG ratio of 0.57 and a beta of 1.13. EnerSys has a twelve month low of $76.57 and a twelve month high of $112.53.

EnerSys (NYSE:ENS - Get Free Report) last issued its 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. The business had revenue of $974.80 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the business earned $2.08 earnings per share. Equities research analysts forecast that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.15%. EnerSys's dividend payout ratio is presently 10.65%.

Hedge Funds Weigh In On EnerSys

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP increased its stake in shares of EnerSys by 153.4% in 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. Caitong International Asset Management Co. Ltd increased its position in EnerSys by 2,500.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company's stock worth $31,000 after purchasing an additional 325 shares during the last quarter. Gen Wealth Partners Inc purchased a new position in EnerSys during the first quarter worth about $36,000. UMB Bank n.a. raised its stake in EnerSys by 197.2% during the first quarter. UMB Bank n.a. now owns 428 shares of the industrial products company's stock worth $39,000 after purchasing an additional 284 shares during the period. Finally, Headlands Technologies LLC boosted its holdings in EnerSys by 937.2% in the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 403 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

Wall Street Analysts Forecast Growth

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

About EnerSys

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.