Sanctuary Advisors LLC Acquires 818 Shares of EnerSys (NYSE:ENS)

Sanctuary Advisors LLC boosted its stake in shares of EnerSys (NYSE:ENS) by 24.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,130 shares of the industrial products company’s stock after buying an additional 818 shares during the quarter. Sanctuary Advisors LLC’s holdings in EnerSys were worth $403,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Global Alpha Capital Management Ltd. boosted its stake in EnerSys by 32.8% in the third quarter. Global Alpha Capital Management Ltd. now owns 27,361 shares of the industrial products company’s stock valued at $2,792,000 after acquiring an additional 6,764 shares during the last quarter. Foundry Partners LLC bought a new position in EnerSys during the third quarter valued at $4,740,000. Citigroup Inc. increased its position in EnerSys by 99.2% in the third quarter. Citigroup Inc. now owns 48,429 shares of the industrial products company’s stock worth $4,942,000 after buying an additional 24,123 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in shares of EnerSys in the second quarter valued at $10,765,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of EnerSys by 60.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 15,626 shares of the industrial products company’s stock valued at $1,595,000 after buying an additional 5,909 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

EnerSys Stock Performance

NYSE:ENS opened at $93.71 on Friday. EnerSys has a 52-week low of $86.41 and a 52-week high of $112.53. The business’s fifty day moving average is $96.49 and its 200 day moving average is $99.81. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.87 and a current ratio of 2.97. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 0.60 and a beta of 1.22.

EnerSys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.05. The firm had revenue of $883.70 million for the quarter, compared to analysts’ expectations of $891.78 million. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. The company’s revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.84 earnings per share. Research analysts predict that EnerSys will post 8.86 EPS for the current year.

EnerSys Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.02%. EnerSys’s dividend payout ratio (DPR) is currently 13.60%.

Insider Transactions at EnerSys

In other news, CEO David M. Shaffer sold 20,000 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the completion of the transaction, the chief executive officer now owns 206,724 shares of the company’s stock, valued at approximately $20,674,467.24. The trade was a 8.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ENS. Roth Mkm reissued a “buy” rating and issued a $120.00 price objective on shares of EnerSys in a report on Monday, September 23rd. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $120.00.

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.