Enersys (NYSE:ENS) Position Boosted by Foundry Partners LLC

Foundry Partners LLC grew its holdings in shares of Enersys (NYSE:ENS) by 41.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,374 shares of the industrial products company’s stock after purchasing an additional 19,607 shares during the period. Foundry Partners LLC’s holdings in Enersys were worth $6,170,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ENS. Vanguard Group Inc. lifted its position in shares of Enersys by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company’s stock worth $431,376,000 after purchasing an additional 90,670 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Enersys by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company’s stock worth $136,583,000 after purchasing an additional 13,104 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of Enersys by 1.1% in the fourth quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company’s stock worth $122,262,000 after purchasing an additional 13,786 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of Enersys by 13.4% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company’s stock worth $95,021,000 after purchasing an additional 121,758 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Enersys by 6.2% in the fourth quarter. Northern Trust Corp now owns 607,105 shares of the industrial products company’s stock worth $56,115,000 after purchasing an additional 35,667 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on ENS shares. Roth Mkm reiterated a “buy” rating and set a $120.00 price target on shares of Enersys in a report on Wednesday, May 14th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 29th. Finally, Roth Capital restated a “buy” rating on shares of Enersys in a research note on Thursday, May 22nd.

Enersys Stock Performance

Shares of NYSE:ENS opened at $88.63 on Friday. The company has a current ratio of 2.70, a quick ratio of 1.74 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $3.47 billion, a P/E ratio of 9.84, a P/E/G ratio of 0.51 and a beta of 1.07. The business has a 50-day moving average price of $88.12 and a two-hundred day moving average price of $91.65. Enersys has a 1-year low of $76.57 and a 1-year high of $112.53.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.19. Enersys had a return on equity of 22.12% and a net margin of 10.05%. The business had revenue of $974.80 million during the quarter, compared to analyst estimates of $973.45 million. During the same period in the previous year, the firm earned $2.08 EPS. Enersys’s quarterly revenue was up 7.0% compared to the same quarter last year. Equities analysts predict that Enersys will post 9.99 earnings per share for the current year.

Enersys Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Friday, June 13th. Enersys’s dividend payout ratio is currently 10.65%.

Insider Buying and Selling

In other Enersys news, CFO Andrea J. Funk purchased 315 shares of the firm’s stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average cost of $80.20 per share, for a total transaction of $25,263.00. Following the completion of the purchase, the chief financial officer owned 50,645 shares of the company’s stock, valued at approximately $4,061,729. The trade was a 0.63% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Shawn M. O’connell purchased 475 shares of the firm’s stock in a transaction that occurred on Friday, May 30th. The stock was acquired at an average price of $83.76 per share, for a total transaction of $39,786.00. Following the completion of the purchase, the chief executive officer directly owned 43,030 shares of the company’s stock, valued at $3,604,192.80. This represents a 1.12% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 1,085 shares of company stock worth $89,726. Company insiders own 0.91% of the company’s stock.

About Enersys

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.