Amalgamated Bank boosted its position in Enersys (NYSE:ENS) by 0.0% during the first quarter, Holdings Channel reports. The firm owned 6,080 shares of the industrial products company’s stock after buying an additional 3 shares during the period. Amalgamated Bank’s holdings in Enersys were worth $480,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in ENS. First Interstate Bank increased its position in Enersys by 0.4% in the first quarter. First Interstate Bank now owns 2,375 shares of the industrial products company’s stock worth $187,000 after buying an additional 10 shares during the period. Engineers Gate Manager LP purchased a new position in Enersys during the first quarter worth approximately $205,000. World Asset Management Inc increased its position in Enersys by 0.9% in the first quarter. World Asset Management Inc now owns 2,669 shares of the industrial products company’s stock worth $211,000 after buying an additional 25 shares during the period. Highbridge Capital Management LLC purchased a new position in Enersys during the fourth quarter worth approximately $216,000. Finally, LS Investment Advisors LLC increased its position in Enersys by 11.8% in the first quarter. LS Investment Advisors LLC now owns 3,371 shares of the industrial products company’s stock worth $266,000 after buying an additional 357 shares during the period. Institutional investors own 95.01% of the company’s stock.
Shares of Enersys (NYSE ENS) opened at 72.45 on Monday. Enersys has a one year low of $60.66 and a one year high of $84.74. The company’s 50 day moving average price is $77.75 and its 200 day moving average price is $78.52. The stock has a market capitalization of $3.15 billion, a P/E ratio of 19.90 and a beta of 1.65.
Enersys (NYSE:ENS) last released its quarterly earnings results on Tuesday, May 30th. The industrial products company reported $1.28 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.28. Enersys had a return on equity of 19.57% and a net margin of 6.77%. On average, equities analysts expect that Enersys will post $4.96 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Friday, June 16th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Wednesday, June 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.97%. Enersys’s dividend payout ratio (DPR) is presently 19.23%.
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A number of equities analysts have recently commented on ENS shares. Oppenheimer Holdings, Inc. set a $95.00 price objective on Enersys and gave the stock a “buy” rating in a report on Tuesday, March 21st. Zacks Investment Research upgraded Enersys from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a report on Monday, May 8th. Finally, ValuEngine upgraded Enersys from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Enersys presently has an average rating of “Hold” and an average price target of $84.33.
In other news, insider Holger P. Aschke sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $81.00, for a total transaction of $243,000.00. Following the completion of the sale, the insider now owns 28,928 shares in the company, valued at approximately $2,343,168. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Kerry M. Kane sold 4,413 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $82.16, for a total value of $362,572.08. Following the sale, the vice president now owns 17,210 shares of the company’s stock, valued at approximately $1,413,973.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,676 shares of company stock valued at $627,462. 1.40% of the stock is currently owned by corporate insiders.
Enersys Company Profile
EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.
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