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

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

EnerSys Price Performance

Shares of EnerSys stock traded down $1.56 during midday trading on Monday, hitting $82.07. 590,362 shares of the company were exchanged, compared to its average volume of 299,440. 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 firm has a market cap of $3.22 billion, a P/E ratio of 10.16, a PEG ratio of 0.57 and a beta of 1.13. EnerSys has a 52 week low of $76.57 and a 52 week high of $112.53. The firm has a 50 day simple moving average of $87.84 and a 200-day simple moving average of $93.53.

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

EnerSys Announces Dividend

The firm 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 of this dividend is Friday, June 13th. This represents a $0.96 annualized dividend and a yield of 1.17%. EnerSys's payout ratio is 10.65%.

Hedge Funds Weigh In On EnerSys

Several institutional investors have recently bought and sold shares of ENS. Barclays PLC raised its position in EnerSys by 87.2% in the 3rd quarter. Barclays PLC now owns 184,110 shares of the industrial products company's stock valued at $18,788,000 after purchasing an additional 85,742 shares during the last quarter. Janney Montgomery Scott LLC raised its position in EnerSys by 12.0% in 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 purchasing an additional 1,876 shares during the last quarter. Inspire Investing LLC raised its position in EnerSys by 7.0% in the 4th quarter. Inspire Investing LLC now owns 4,333 shares of the industrial products company's stock valued at $400,000 after purchasing an additional 283 shares during the last quarter. KBC Group NV raised its position in EnerSys by 64.0% in the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company's stock valued at $172,000 after purchasing an additional 727 shares during the last quarter. Finally, R Squared Ltd bought a new position in EnerSys in the 4th quarter valued at $47,000. Institutional investors own 94.93% of the company's stock.

Analyst Ratings Changes

ENS has been the subject of a number of recent research reports. Roth Mkm reissued 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.