Barclays PLC Has $18.79 Million Stock Holdings in EnerSys (NYSE:ENS)

Barclays PLC increased its holdings in shares of EnerSys (NYSE:ENS) by 87.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 184,110 shares of the industrial products company’s stock after acquiring an additional 85,742 shares during the period. Barclays PLC’s holdings in EnerSys were worth $18,788,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its stake in EnerSys by 246.8% during the second 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. Shellback Capital LP bought a new position in shares of EnerSys during the 2nd quarter worth approximately $14,012,000. AQR Capital Management LLC lifted its position in shares of EnerSys by 17.2% during the 2nd quarter. AQR Capital Management LLC now owns 908,253 shares of the industrial products company’s stock worth $94,022,000 after buying an additional 133,211 shares during the period. Great Lakes Advisors LLC acquired a new stake in EnerSys in the 2nd quarter valued at $10,765,000. Finally, Erste Asset Management GmbH bought a new stake in EnerSys in the third quarter valued at $9,438,000. Institutional investors own 94.93% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ENS. Roth Capital upgraded shares of EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. Roth Mkm restated a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research report on Monday, September 23rd. Finally, StockNews.com raised shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Two research 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. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $118.00.

EnerSys Price Performance

Shares of ENS stock opened at $93.26 on Friday. The stock’s fifty day moving average is $98.22 and its 200-day moving average is $100.66. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.87 and a current ratio of 2.97. EnerSys has a 52 week low of $86.41 and a 52 week high of $112.53. The stock has a market capitalization of $3.71 billion, a PE ratio of 13.21, a PEG ratio of 0.60 and a beta of 1.22.

EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.05. EnerSys had a net margin of 8.25% and a return on equity of 20.04%. The firm had revenue of $883.70 million for the quarter, compared to analyst estimates of $891.78 million. During the same quarter in the prior year, the firm earned $1.84 EPS. The company’s revenue was down 1.9% on a year-over-year basis. Equities research analysts expect that EnerSys will post 8.86 EPS for the current fiscal year.

EnerSys Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, December 13th. EnerSys’s dividend payout ratio (DPR) is presently 13.60%.

Insiders Place Their Bets

In other news, CEO David M. Shaffer sold 20,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was 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 in the company, valued at $20,674,467.24. The trade was a 8.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.61% of the company’s stock.

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.