Aurora Investment Counsel Acquires 139 Shares of EnerSys (NYSE:ENS)

Aurora Investment Counsel lifted its stake in EnerSys (NYSE:ENS) by 0.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,936 shares of the industrial products company’s stock after purchasing an additional 139 shares during the period. EnerSys accounts for approximately 1.2% of Aurora Investment Counsel’s holdings, making the stock its 26th largest position. Aurora Investment Counsel’s holdings in EnerSys were worth $2,064,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ENS. Creative Planning increased its position in EnerSys by 60.4% in the second quarter. Creative Planning now owns 5,832 shares of the industrial products company’s stock worth $604,000 after buying an additional 2,196 shares in the last quarter. Silver Lake Advisory LLC raised its stake in EnerSys by 0.8% during the 2nd quarter. Silver Lake Advisory LLC now owns 30,886 shares of the industrial products company’s stock worth $3,197,000 after acquiring an additional 260 shares during the period. Algert Global LLC bought a new position in shares of EnerSys in the second quarter worth approximately $4,505,000. SkyView Investment Advisors LLC purchased a new position in shares of EnerSys during the 2nd quarter valued at $244,000. Finally, Shellback Capital LP bought a new position in EnerSys in the 2nd quarter worth $14,012,000. 94.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Roth Mkm reissued a “buy” rating and set a $120.00 price target on shares of EnerSys in a report on Monday, September 23rd. Roth Capital raised EnerSys to a “strong-buy” rating in a report on Tuesday, August 27th. Finally, StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 24th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, EnerSys has an average rating of “Moderate Buy” and an average price target of $118.00.

Insider Activity at EnerSys

In other EnerSys news, CEO David M. Shaffer sold 2,400 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $100.00, for a total transaction of $240,000.00. Following the sale, the chief executive officer now directly owns 244,140 shares of the company’s stock, valued at $24,414,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO David M. Shaffer sold 2,400 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $100.00, for a total value of $240,000.00. Following the sale, the chief executive officer now owns 244,140 shares of the company’s stock, valued at $24,414,000. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David M. Shaffer sold 17,600 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $100.08, for a total transaction of $1,761,408.00. Following the completion of the sale, the chief executive officer now directly owns 226,540 shares of the company’s stock, valued at approximately $22,672,123.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,700 shares of company stock valued at $2,271,843. Insiders own 1.61% of the company’s stock.

EnerSys Trading Up 0.4 %

Shares of ENS stock opened at $102.02 on Tuesday. The company has a current ratio of 2.70, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24. EnerSys has a 12-month low of $83.27 and a 12-month high of $112.53. The stock’s 50-day moving average price is $99.89 and its 200-day moving average price is $99.06.

EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.01. EnerSys had a return on equity of 19.98% and a net margin of 7.73%. The business had revenue of $852.90 million for the quarter, compared to analysts’ expectations of $877.52 million. During the same period in the prior year, the firm earned $1.89 EPS. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. Equities research analysts predict that EnerSys will post 8.94 EPS for the current fiscal year.

EnerSys Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.94%. This is a boost from EnerSys’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, September 16th. EnerSys’s dividend payout ratio is currently 14.77%.

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.