EnerSys (NYSE:ENS) Shares Bought by Moody National Bank Trust Division

Moody National Bank Trust Division raised its holdings in EnerSys (NYSE:ENS) by 9.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,113 shares of the industrial products company’s stock after acquiring an additional 896 shares during the quarter. Moody National Bank Trust Division’s holdings in EnerSys were worth $955,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its holdings in EnerSys by 1,386.7% in the third quarter. Parkside Financial Bank & Trust now owns 446 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 416 shares during the period. Principal Securities Inc. acquired a new position in shares of EnerSys during the 4th quarter worth $52,000. Arlington Trust Co LLC acquired a new position in shares of EnerSys during the 4th quarter worth $157,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of EnerSys during the 4th quarter worth $157,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of EnerSys during the 3rd quarter worth $180,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

EnerSys Trading Up 1.9 %

EnerSys stock opened at $105.19 on Thursday. The stock has a market cap of $4.22 billion, a PE ratio of 16.18, a P/E/G ratio of 0.67 and a beta of 1.33. The stock has a 50-day moving average price of $98.68 and a 200 day moving average price of $96.01. EnerSys has a 52 week low of $83.27 and a 52 week high of $113.34. The company has a current ratio of 2.46, a quick ratio of 1.50 and a debt-to-equity ratio of 0.46.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, May 22nd. The industrial products company reported $2.08 EPS for the quarter, beating the consensus estimate of $2.02 by $0.06. The company had revenue of $910.70 million during the quarter, compared to analysts’ expectations of $893.64 million. EnerSys had a return on equity of 20.21% and a net margin of 7.51%. The firm’s revenue was down 8.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. Equities research analysts predict that EnerSys will post 8.74 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.86%. The ex-dividend date is Friday, June 14th. EnerSys’s dividend payout ratio (DPR) is 13.85%.

Analyst Ratings Changes

Several research firms have recently issued reports on ENS. StockNews.com downgraded EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. BTIG Research downgraded EnerSys from a “buy” rating to a “neutral” rating in a research note on Friday, May 24th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $126.50.

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.