SkyView Investment Advisors LLC Makes New $244,000 Investment in EnerSys (NYSE:ENS)

SkyView Investment Advisors LLC acquired a new position in EnerSys (NYSE:ENS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,359 shares of the industrial products company’s stock, valued at approximately $244,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ENS. UMB Bank n.a. grew its position in EnerSys by 36.2% in the 2nd quarter. UMB Bank n.a. now owns 354 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 94 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in EnerSys by 2.9% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,471 shares of the industrial products company’s stock valued at $422,000 after acquiring an additional 126 shares in the last quarter. Retirement Systems of Alabama raised its holdings in EnerSys by 0.3% in the 1st quarter. Retirement Systems of Alabama now owns 50,752 shares of the industrial products company’s stock valued at $4,794,000 after acquiring an additional 154 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of EnerSys by 2.4% during the 2nd quarter. Azzad Asset Management Inc. ADV now owns 7,191 shares of the industrial products company’s stock worth $744,000 after purchasing an additional 167 shares in the last quarter. Finally, Arizona State Retirement System increased its position in shares of EnerSys by 1.9% during the second quarter. Arizona State Retirement System now owns 11,314 shares of the industrial products company’s stock valued at $1,171,000 after purchasing an additional 211 shares during the period. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ENS shares. Roth Mkm reaffirmed a “buy” rating and issued a $120.00 target price on shares of EnerSys in a research report on Monday, September 23rd. Roth Capital upgraded shares of EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Finally, StockNews.com raised shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 24th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.00.

Insiders Place Their Bets

In related news, VP Joern Tinnemeyer sold 2,200 shares of EnerSys stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $100.00, for a total value of $220,000.00. Following the completion of the transaction, the vice president now directly owns 25,368 shares of the company’s stock, valued at $2,536,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Chad C. Uplinger sold 500 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $100.87, for a total transaction of $50,435.00. Following the sale, the insider now directly owns 17,175 shares of the company’s stock, valued at $1,732,442.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the transaction, the vice president now owns 25,368 shares of the company’s stock, valued at approximately $2,536,800. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,700 shares of company stock valued at $2,271,843. 1.61% of the stock is currently owned by corporate insiders.

EnerSys Stock Up 0.1 %

Shares of NYSE ENS opened at $101.58 on Monday. The business has a fifty day moving average of $100.02 and a two-hundred day moving average of $98.98. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 2.70. EnerSys has a 52-week low of $83.27 and a 52-week high of $112.53. The stock has a market cap of $4.09 billion, a PE ratio of 15.63, a PEG ratio of 0.62 and a beta of 1.24.

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

EnerSys Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.95%. This is a boost from EnerSys’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, September 16th. EnerSys’s dividend payout ratio (DPR) is currently 14.77%.

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.