EnerSys (NYSE:ENS) insider Jeffrey W. Long sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $78.83, for a total transaction of $394,150.00. Following the completion of the transaction, the insider now owns 54,638 shares of the company’s stock, valued at $4,307,113.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of EnerSys (NYSE:ENS) opened at 78.76 on Tuesday. The company’s 50 day moving average is $69.70 and its 200 day moving average is $66.17. EnerSys has a 12-month low of $42.60 and a 12-month high of $79.58. The firm has a market capitalization of $3.42 billion, a PE ratio of 25.28 and a beta of 1.62.
EnerSys (NYSE:ENS) last announced its quarterly earnings results on Thursday, November 10th. The company reported $1.15 EPS for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.07. EnerSys had a return on equity of 18.00% and a net margin of 5.84%. The firm had revenue of $576 million for the quarter, compared to analyst estimates of $584.87 million. During the same period last year, the firm posted $0.97 earnings per share. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. On average, analysts forecast that EnerSys will post $4.64 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 16th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Wednesday, December 14th. EnerSys’s payout ratio is 22.36%.
Hedge funds have recently made changes to their positions in the stock. Foundry Partners LLC increased its position in shares of EnerSys by 2.2% in the third quarter. Foundry Partners LLC now owns 146,430 shares of the company’s stock worth $10,131,000 after buying an additional 3,185 shares during the period. Mutual of America Capital Management LLC increased its position in shares of EnerSys by 3,661.4% in the third quarter. Mutual of America Capital Management LLC now owns 34,041 shares of the company’s stock worth $2,355,000 after buying an additional 33,136 shares during the period. Kalmar Investments Inc. DE increased its position in shares of EnerSys by 27.6% in the second quarter. Kalmar Investments Inc. DE now owns 117,123 shares of the company’s stock worth $6,965,000 after buying an additional 25,338 shares during the period. ClariVest Asset Management LLC bought a new position in shares of EnerSys during the second quarter worth about $1,754,000. Finally, First Interstate Bank increased its position in shares of EnerSys by 13.1% in the second quarter. First Interstate Bank now owns 3,420 shares of the company’s stock worth $203,000 after buying an additional 395 shares during the period. 96.22% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have commented on ENS shares. Maxim Group raised their target price on shares of EnerSys from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, August 12th. Zacks Investment Research upgraded shares of EnerSys from a “hold” rating to a “strong-buy” rating and set a $85.00 price target for the company in a report on Monday, November 14th.