Cwm LLC Has $151,000 Stock Position in EnerSys (NYSE:ENS)

Cwm LLC raised its holdings in shares of EnerSys (NYSE:ENS) by 48.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,479 shares of the industrial products company’s stock after purchasing an additional 484 shares during the period. Cwm LLC’s holdings in EnerSys were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ENS. Handelsbanken Fonder AB lifted its stake in shares of EnerSys by 39.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 11,230 shares of the industrial products company’s stock valued at $1,146,000 after purchasing an additional 3,200 shares during the period. Sanctuary Advisors LLC acquired a new position in EnerSys in the second quarter valued at about $343,000. Aurora Investment Counsel boosted its holdings in EnerSys by 0.7% during the second quarter. Aurora Investment Counsel now owns 19,936 shares of the industrial products company’s stock worth $2,064,000 after buying an additional 139 shares during the last quarter. Creative Planning grew its position in shares of EnerSys by 60.4% during the 2nd 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 during the period. Finally, Silver Lake Advisory LLC increased its stake in shares of EnerSys by 0.8% in the 2nd quarter. Silver Lake Advisory LLC now owns 30,886 shares of the industrial products company’s stock valued at $3,197,000 after acquiring an additional 260 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

EnerSys Stock Down 0.4 %

Shares of ENS stock opened at $98.71 on Friday. EnerSys has a 12-month low of $83.27 and a 12-month high of $112.53. The company has a quick ratio of 1.66, a current ratio of 2.70 and a debt-to-equity ratio of 0.48. The firm has a fifty day moving average of $99.67 and a 200-day moving average of $100.08. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 15.19, a P/E/G ratio of 0.64 and a beta of 1.23.

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

EnerSys Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a dividend of $0.24 per share. The ex-dividend date was Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 0.97%. This is an increase from EnerSys’s previous quarterly dividend of $0.23. EnerSys’s dividend payout ratio is 14.77%.

Insider Activity

In related news, CEO David M. Shaffer sold 17,600 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $100.08, for a total transaction of $1,761,408.00. Following the completion of the transaction, the chief executive officer now owns 226,540 shares in the company, valued at approximately $22,672,123.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other EnerSys news, VP Joern Tinnemeyer sold 2,200 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 $220,000.00. Following the transaction, the vice president now owns 25,368 shares of the company’s stock, valued at $2,536,800. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO David M. Shaffer sold 17,600 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $100.08, for a total value 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 trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,700 shares of company stock worth $2,271,843 over the last ninety days. Insiders own 1.61% of the company’s stock.

Analyst Upgrades and Downgrades

ENS has been the topic of several recent analyst reports. StockNews.com lowered shares of EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Roth Mkm restated a “buy” rating and issued a $120.00 price objective on shares of EnerSys in a research report on Monday, September 23rd. Finally, Roth Capital raised EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $118.00.

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.