EnerSys (NYSE:ENS) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its holdings in shares of EnerSys (NYSE:ENS) by 10.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,397 shares of the industrial products company’s stock after selling 22,681 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.48% of EnerSys worth $21,203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. US Bancorp DE raised its stake in EnerSys by 2.5% during the second quarter. US Bancorp DE now owns 5,578 shares of the industrial products company’s stock worth $605,000 after acquiring an additional 137 shares during the period. Citigroup Inc. grew its position in EnerSys by 46.8% in the 2nd quarter. Citigroup Inc. now owns 21,557 shares of the industrial products company’s stock worth $2,339,000 after purchasing an additional 6,870 shares during the last quarter. Swiss National Bank boosted its holdings in shares of EnerSys by 1.0% in the second quarter. Swiss National Bank now owns 89,000 shares of the industrial products company’s stock valued at $9,658,000 after acquiring an additional 900 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of EnerSys by 7.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,747 shares of the industrial products company’s stock valued at $2,143,000 after acquiring an additional 1,348 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in shares of EnerSys by 1.3% in the second quarter. Fisher Asset Management LLC now owns 344,376 shares of the industrial products company’s stock valued at $37,371,000 after acquiring an additional 4,463 shares in the last quarter. Institutional investors and hedge funds own 91.56% of the company’s stock.

EnerSys Trading Up 0.6 %

Shares of NYSE:ENS opened at $89.42 on Tuesday. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 0.85 and a beta of 1.37. EnerSys has a 1-year low of $71.15 and a 1-year high of $113.34. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.68. The company has a 50 day moving average price of $91.66 and a 200 day moving average price of $97.77.

EnerSys (NYSE:ENS) last issued its earnings results on Wednesday, November 8th. The industrial products company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.04. The firm had revenue of $901.00 million during the quarter, compared to analysts’ expectations of $914.38 million. EnerSys had a net margin of 6.51% and a return on equity of 17.45%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm posted $1.11 earnings per share. On average, research analysts anticipate that EnerSys will post 7.6 EPS for the current fiscal year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, December 14th. EnerSys’s payout ratio is 15.44%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. William Blair cut shares of EnerSys from an “outperform” rating to a “market perform” rating in a report on Monday, November 6th. Oppenheimer decreased their price objective on shares of EnerSys from $119.00 to $117.00 in a report on Friday, August 11th. Finally, StockNews.com cut shares of EnerSys from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th.

EnerSys Company Profile

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.