XTX Topco Ltd Buys 452 Shares of EnerSys (NYSE:ENS)

XTX Topco Ltd grew its stake in shares of EnerSys (NYSE:ENS) by 16.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,127 shares of the industrial products company’s stock after buying an additional 452 shares during the period. XTX Topco Ltd’s holdings in EnerSys were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Seven Eight Capital LP raised its position in shares of EnerSys by 32.9% in the 2nd quarter. Seven Eight Capital LP now owns 11,284 shares of the industrial products company’s stock valued at $1,168,000 after acquiring an additional 2,795 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in shares of EnerSys by 15.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 3,852 shares of the industrial products company’s stock worth $399,000 after purchasing an additional 520 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of EnerSys by 11.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,822 shares of the industrial products company’s stock valued at $603,000 after buying an additional 594 shares during the period. Peregrine Asset Advisers Inc. increased its position in shares of EnerSys by 95.4% in the 2nd quarter. Peregrine Asset Advisers Inc. now owns 6,768 shares of the industrial products company’s stock valued at $701,000 after buying an additional 3,305 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in EnerSys by 98.0% during the 2nd quarter. Renaissance Technologies LLC now owns 110,300 shares of the industrial products company’s stock worth $11,418,000 after buying an additional 54,600 shares during the period. 94.93% of the stock is currently owned by institutional investors and hedge funds.

EnerSys Stock Up 2.1 %

ENS stock opened at $101.56 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.70 and a quick ratio of 1.66. The stock has a market capitalization of $4.09 billion, a P/E ratio of 15.62, a P/E/G ratio of 0.62 and a beta of 1.24. EnerSys has a fifty-two week low of $83.27 and a fifty-two week high of $112.53. The business has a 50-day moving average of $100.10 and a 200-day moving average of $98.83.

EnerSys (NYSE:ENS) last released its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.01. EnerSys had a return on equity of 19.98% and a net margin of 7.73%. The firm had revenue of $852.90 million during the quarter, compared to the consensus estimate of $877.52 million. During the same quarter in the prior year, the firm posted $1.89 EPS. The business’s revenue was down 6.1% on a year-over-year basis. On average, sell-side analysts anticipate 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. Shareholders of record on Monday, September 16th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, September 16th. This is a boost from EnerSys’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 0.95%. EnerSys’s payout ratio is 14.77%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at EnerSys

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 sale, the vice president now owns 25,368 shares of the company’s stock, valued at $2,536,800. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other EnerSys news, VP Joern Tinnemeyer sold 2,200 shares of the firm’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 value of $220,000.00. Following the completion of the transaction, the vice president now directly owns 25,368 shares in the company, valued at $2,536,800. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David M. Shaffer sold 17,600 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $100.08, for a total value of $1,761,408.00. Following the sale, the chief executive officer now owns 226,540 shares in the company, valued at approximately $22,672,123.20. The disclosure for this sale can be found here. Insiders sold a total of 22,700 shares of company stock worth $2,271,843 in the last three months. Insiders own 1.61% of the company’s stock.

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.