Yousif Capital Management LLC Has $1.31 Million Position in EnerSys (NYSE:ENS)

Yousif Capital Management LLC decreased its position in shares of EnerSys (NYSE:ENS) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,142 shares of the industrial products company’s stock after selling 714 shares during the quarter. Yousif Capital Management LLC’s holdings in EnerSys were worth $1,307,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. State Street Corp grew its position in shares of EnerSys by 0.9% during the 3rd quarter. State Street Corp now owns 1,474,789 shares of the industrial products company’s stock worth $150,502,000 after buying an additional 13,524 shares during the period. Geode Capital Management LLC raised its holdings in EnerSys by 1.2% in the third quarter. Geode Capital Management LLC now owns 946,260 shares of the industrial products company’s stock worth $96,584,000 after purchasing an additional 11,384 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of EnerSys by 1.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 594,387 shares of the industrial products company’s stock worth $60,657,000 after purchasing an additional 9,337 shares in the last quarter. Fisher Asset Management LLC grew its stake in EnerSys by 8.7% in the third quarter. Fisher Asset Management LLC now owns 425,285 shares of the industrial products company’s stock valued at $43,400,000 after acquiring an additional 34,173 shares during the period. Finally, Tributary Capital Management LLC increased its stake in EnerSys by 25.9% during the 4th quarter. Tributary Capital Management LLC now owns 239,765 shares of the industrial products company’s stock worth $22,161,000 after purchasing an additional 49,392 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling 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 shares were sold at an average price of $100.01, for a total value of $2,000,200.00. Following the completion of the sale, 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 legal filing with the SEC, which can be accessed through this link. Insiders own 1.61% of the company’s stock.

EnerSys Trading Up 1.7 %

Shares of NYSE:ENS opened at $102.10 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 1.87. The company’s 50-day moving average price is $95.18 and its two-hundred day moving average price is $97.62. The stock has a market capitalization of $4.03 billion, a PE ratio of 12.64, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. EnerSys has a one year low of $88.49 and a one year high of $112.53.

EnerSys (NYSE:ENS) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.85. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. On average, equities analysts forecast that EnerSys will post 9.78 EPS for the current fiscal year.

EnerSys Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 0.94%. EnerSys’s dividend payout ratio is currently 11.88%.

Wall Street Analyst Weigh In

Several research firms recently commented on ENS. StockNews.com raised shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 6th. Oppenheimer upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $117.50.

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.