EnerSys (NYSE:ENS) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its position in shares of EnerSys (NYSE:ENS) by 11.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 330,006 shares of the industrial products company’s stock after selling 40,758 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in EnerSys were worth $33,677,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its position in EnerSys by 36.2% during the second quarter. UMB Bank n.a. now owns 354 shares of the industrial products company’s stock worth $37,000 after buying an additional 94 shares during the period. Peregrine Asset Advisers Inc. increased its position in EnerSys by 2.0% during the third quarter. Peregrine Asset Advisers Inc. now owns 6,905 shares of the industrial products company’s stock worth $705,000 after buying an additional 137 shares during the period. Aurora Investment Counsel increased its position in EnerSys by 0.7% during the second quarter. Aurora Investment Counsel now owns 19,936 shares of the industrial products company’s stock worth $2,064,000 after buying an additional 139 shares during the period. Azzad Asset Management Inc. ADV increased its position in EnerSys by 2.4% during the second quarter. Azzad Asset Management Inc. ADV now owns 7,191 shares of the industrial products company’s stock worth $744,000 after buying an additional 167 shares during the period. Finally, Victory Capital Management Inc. grew its stake in shares of EnerSys by 1.5% in the 3rd quarter. Victory Capital Management Inc. now owns 12,932 shares of the industrial products company’s stock valued at $1,320,000 after purchasing an additional 185 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Insider Transactions at EnerSys

In other news, insider Chad C. Uplinger sold 500 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.87, for a total value of $50,435.00. Following the completion of the transaction, the insider now directly owns 17,175 shares of the company’s stock, valued at $1,732,442.25. The trade was a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO David M. Shaffer sold 17,600 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 226,540 shares of the company’s stock, valued at approximately $22,672,123.20. This trade represents a 7.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,700 shares of company stock valued at $2,271,843 over the last three months. 1.61% of the stock is currently owned by insiders.

EnerSys Stock Down 2.1 %

EnerSys stock opened at $94.14 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 1.87. EnerSys has a 1-year low of $86.41 and a 1-year high of $112.53. The company has a market cap of $3.75 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.60 and a beta of 1.24. The stock’s 50 day moving average price is $99.72 and its 200 day moving average price is $101.09.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.05. The firm had revenue of $883.70 million for the quarter, compared to the consensus estimate of $891.78 million. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 earnings per share. On average, sell-side analysts predict that EnerSys will post 8.86 EPS for the current fiscal year.

EnerSys Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.02%. EnerSys’s dividend payout ratio (DPR) is 13.60%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Roth Capital upgraded EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. StockNews.com downgraded EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, Roth Mkm reiterated a “buy” rating and issued a $120.00 target price on shares of EnerSys in a research note on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.

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.