Enersys (NYSE:ENS) Stake Boosted by Aperio Group LLC

Aperio Group LLC boosted its position in Enersys (NYSE:ENS) by 55.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,449 shares of the industrial products company’s stock after buying an additional 7,272 shares during the period. Aperio Group LLC’s holdings in Enersys were worth $1,482,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of ENS. BlackRock Inc. raised its position in Enersys by 17,956.9% in the first quarter. BlackRock Inc. now owns 4,444,522 shares of the industrial products company’s stock worth $350,852,000 after buying an additional 4,419,908 shares during the last quarter. Vanguard Group Inc. raised its position in Enersys by 9.4% in the first quarter. Vanguard Group Inc. now owns 3,710,902 shares of the industrial products company’s stock worth $292,939,000 after buying an additional 318,032 shares during the last quarter. Boston Partners raised its position in Enersys by 174.8% in the first quarter. Boston Partners now owns 1,810,043 shares of the industrial products company’s stock worth $142,885,000 after buying an additional 1,151,323 shares during the last quarter. State Street Corp raised its position in Enersys by 3.5% in the first quarter. State Street Corp now owns 1,432,212 shares of the industrial products company’s stock worth $113,059,000 after buying an additional 48,515 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Enersys by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 927,653 shares of the industrial products company’s stock worth $73,229,000 after buying an additional 21,932 shares during the last quarter. Institutional investors and hedge funds own 95.86% of the company’s stock.

Shares of Enersys (ENS) traded down 2.43% during trading on Friday, hitting $63.41. 627,147 shares of the company were exchanged. The firm has a market capitalization of $2.75 billion, a PE ratio of 17.09 and a beta of 1.65. The firm’s 50-day moving average price is $71.99 and its 200 day moving average price is $76.99. Enersys has a 12 month low of $62.31 and a 12 month high of $84.74.

Enersys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, August 9th. The industrial products company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.13 by $0.01. The company had revenue of $622.60 million during the quarter, compared to analysts’ expectations of $615.77 million. Enersys had a return on equity of 18.90% and a net margin of 6.86%. Enersys’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 EPS. On average, equities research analysts expect that Enersys will post $4.83 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Thursday, September 14th. Enersys’s payout ratio is presently 18.87%.

Enersys announced that its Board of Directors has approved a stock repurchase program on Wednesday, August 9th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the industrial products company to buy up to 3.2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

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ENS has been the subject of a number of recent analyst reports. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Enersys in a research report on Wednesday. Zacks Investment Research lowered shares of Enersys from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. ValuEngine upgraded shares of Enersys from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered shares of Enersys from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $84.33.

In related news, VP Kerry M. Kane sold 4,413 shares of the business’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $82.16, for a total value of $362,572.08. Following the completion of the sale, the vice president now owns 17,210 shares of the company’s stock, valued at approximately $1,413,973.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Holger P. Aschke sold 3,000 shares of the business’s stock in a transaction on 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 directly owns 28,928 shares of the company’s stock, valued at approximately $2,343,168. The disclosure for this sale can be found here. In the last three months, insiders sold 7,676 shares of company stock valued at $627,462. 1.40% of the stock is owned by 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.