WINTON GROUP Ltd Trims Stake in EnerSys (ENS)

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WINTON GROUP Ltd cut its position in EnerSys (NYSE:ENS) by 10.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 113,478 shares of the industrial products company’s stock after selling 12,544 shares during the quarter. WINTON GROUP Ltd’s holdings in EnerSys were worth $9,887,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Hawaiian Bank acquired a new stake in shares of EnerSys in the 3rd quarter valued at about $175,000. Ifrah Financial Services Inc. acquired a new stake in shares of EnerSys in the 2nd quarter valued at about $210,000. Capital One National Association acquired a new stake in shares of EnerSys in the 2nd quarter valued at about $212,000. Macquarie Group Ltd. grew its stake in shares of EnerSys by 1,400.0% in the 2nd quarter. Macquarie Group Ltd. now owns 3,000 shares of the industrial products company’s stock valued at $224,000 after buying an additional 2,800 shares during the period. Finally, Laurion Capital Management LP acquired a new stake in shares of EnerSys in the 2nd quarter valued at about $240,000. Institutional investors own 95.96% of the company’s stock.

In other EnerSys news, insider Holger P. Aschke sold 4,545 shares of EnerSys stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $77.13, for a total transaction of $350,555.85. Following the transaction, the insider now owns 38,294 shares of the company’s stock, valued at approximately $2,953,616.22. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Myles Jones sold 13,460 shares of EnerSys stock in a transaction that occurred on Wednesday, August 22nd. The stock was sold at an average price of $80.29, for a total transaction of $1,080,703.40. Following the transaction, the insider now directly owns 49,102 shares in the company, valued at approximately $3,942,399.58. The disclosure for this sale can be found here. Insiders have sold a total of 21,920 shares of company stock valued at $1,732,714 in the last quarter. Company insiders own 1.50% of the company’s stock.

ENS stock opened at $87.83 on Friday. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 18.89, a P/E/G ratio of 1.74 and a beta of 1.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.33 and a quick ratio of 2.46. EnerSys has a 52-week low of $62.85 and a 52-week high of $89.72.

EnerSys (NYSE:ENS) last released its quarterly earnings results on Wednesday, November 7th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.01. The business had revenue of $660.50 million during the quarter, compared to the consensus estimate of $659.18 million. EnerSys had a return on equity of 17.30% and a net margin of 4.46%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.05 EPS. On average, analysts forecast that EnerSys will post 5.05 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.70 dividend on an annualized basis and a yield of 0.80%. EnerSys’s dividend payout ratio (DPR) is currently 15.05%.

Several brokerages have recently commented on ENS. ValuEngine downgraded EnerSys from a “buy” rating to a “hold” rating in a research note on Tuesday, October 23rd. Zacks Investment Research downgraded EnerSys from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. Sidoti set a $106.00 price target on EnerSys and gave the company a “buy” rating in a research note on Tuesday, October 30th. Oppenheimer reiterated a “buy” rating on shares of EnerSys in a research note on Tuesday, October 30th. Finally, Citigroup lifted their price target on EnerSys from $86.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, October 4th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $99.00.

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EnerSys Profile

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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