EnerSys (NYSE:ENS) Stock Holdings Raised by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC increased its holdings in shares of EnerSys (NYSE:ENS) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,648 shares of the industrial products company’s stock after acquiring an additional 169 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in EnerSys were worth $614,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ENS. American Century Companies Inc. boosted its stake in EnerSys by 246.8% in the 2nd quarter. American Century Companies Inc. now owns 264,247 shares of the industrial products company’s stock worth $27,355,000 after purchasing an additional 188,053 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in shares of EnerSys by 2.8% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 49,076 shares of the industrial products company’s stock worth $5,060,000 after acquiring an additional 1,318 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in EnerSys by 10.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 16,176 shares of the industrial products company’s stock valued at $1,675,000 after purchasing an additional 1,529 shares during the last quarter. Renaissance Technologies LLC grew its stake in EnerSys by 98.0% in the 2nd quarter. Renaissance Technologies LLC now owns 110,300 shares of the industrial products company’s stock valued at $11,418,000 after buying an additional 54,600 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of EnerSys by 11.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 5,822 shares of the industrial products company’s stock worth $603,000 after purchasing an additional 594 shares during the period. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at EnerSys

In other news, CEO David M. Shaffer sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the completion of the sale, the chief executive officer now owns 206,724 shares of the company’s stock, valued at approximately $20,674,467.24. This trade represents a 8.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Roth Mkm reaffirmed a “buy” rating and set a $120.00 target price on shares of EnerSys in a research report on Monday, September 23rd. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $120.00.

EnerSys Stock Performance

NYSE ENS opened at $93.91 on Thursday. The stock has a market cap of $3.74 billion, a P/E ratio of 13.30, a PEG ratio of 0.51 and a beta of 1.22. The company has a quick ratio of 1.87, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. EnerSys has a twelve month low of $86.41 and a twelve month high of $112.53. The company’s 50-day simple moving average is $94.61 and its 200 day simple moving average is $98.57.

EnerSys (NYSE:ENS) last posted its earnings results on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.07 by $0.05. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. The business had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. During the same quarter last year, the company earned $1.84 EPS. EnerSys’s revenue was down 1.9% on a year-over-year basis. As a group, research analysts forecast that EnerSys will post 9.86 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend was Friday, December 13th. EnerSys’s dividend payout ratio (DPR) is currently 13.60%.

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.