EnerSys (NYSE:ENS - Get Free Report) insider Chad C. Uplinger purchased 295 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was bought at an average cost of $83.65 per share, with a total value of $24,676.75. Following the purchase, the insider now owns 17,545 shares of the company's stock, valued at approximately $1,467,639.25. This trade represents a 1.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
EnerSys Trading Up 1.7%
Shares of ENS stock traded up $1.49 during trading hours on Friday, hitting $87.06. 427,023 shares of the company were exchanged, compared to its average volume of 303,639. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The firm has a market cap of $3.41 billion, a P/E ratio of 10.77, a P/E/G ratio of 0.57 and a beta of 1.08. The company has a 50 day simple moving average of $87.08 and a two-hundred day simple moving average of $93.25. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53.
EnerSys (NYSE:ENS - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The company had revenue of $974.80 million for the quarter, compared to analysts' expectations of $973.45 million. During the same quarter in the prior year, the firm earned $2.08 EPS. The business's revenue was up 7.0% on a year-over-year basis. Equities analysts anticipate 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. Shareholders of record on Friday, June 13th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, June 13th. EnerSys's dividend payout ratio (DPR) is 10.65%.
Institutional Investors Weigh In On EnerSys
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Hillsdale Investment Management Inc. increased its holdings in EnerSys by 0.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock worth $3,526,000 after purchasing an additional 100 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in EnerSys by 25.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock worth $46,000 after buying an additional 100 shares in the last quarter. Aquatic Capital Management LLC raised its position in EnerSys by 2.5% in the 4th quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company's stock valued at $502,000 after buying an additional 133 shares during the last quarter. Victory Capital Management Inc. lifted its stake in EnerSys by 1.0% during the 1st quarter. Victory Capital Management Inc. now owns 13,463 shares of the industrial products company's stock valued at $1,233,000 after acquiring an additional 135 shares in the last quarter. Finally, Mariner LLC boosted its holdings in EnerSys by 3.4% during the 4th quarter. Mariner LLC now owns 4,460 shares of the industrial products company's stock worth $412,000 after acquiring an additional 147 shares during the last quarter. 94.93% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on ENS. Roth Capital restated a "buy" rating on shares of EnerSys in a report on Thursday, May 22nd. Roth Mkm reissued a "buy" rating and set a $120.00 target price on shares of EnerSys in a research note on Wednesday, May 14th.
Read Our Latest Analysis on ENS
EnerSys Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Enersys, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enersys wasn't on the list.
While Enersys currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
