Carolina Wealth Advisors LLC Has $661,000 Stake in EnerSys (NYSE:ENS)

Carolina Wealth Advisors LLC cut its position in shares of EnerSys (NYSE:ENS) by 8.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,479 shares of the industrial products company’s stock after selling 597 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in EnerSys were worth $661,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in EnerSys by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 4,396,164 shares of the industrial products company’s stock worth $415,262,000 after acquiring an additional 60,021 shares during the period. Quantbot Technologies LP lifted its stake in EnerSys by 867.8% in the first quarter. Quantbot Technologies LP now owns 12,910 shares of the industrial products company’s stock valued at $1,219,000 after buying an additional 11,576 shares during the period. DekaBank Deutsche Girozentrale grew its position in shares of EnerSys by 2,444.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 47,758 shares of the industrial products company’s stock worth $4,488,000 after buying an additional 45,881 shares during the period. Assenagon Asset Management S.A. grew its position in shares of EnerSys by 354.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 65,336 shares of the industrial products company’s stock worth $6,764,000 after buying an additional 50,958 shares during the period. Finally, Chesapeake Capital Corp IL bought a new stake in shares of EnerSys in the 1st quarter valued at $494,000. Institutional investors own 94.93% of the company’s stock.

EnerSys Stock Down 1.7 %

ENS traded down $1.77 during trading on Monday, hitting $100.50. 48,339 shares of the company’s stock were exchanged, compared to its average volume of 243,352. EnerSys has a fifty-two week low of $83.27 and a fifty-two week high of $112.53. The stock has a market cap of $4.04 billion, a P/E ratio of 15.73, a PEG ratio of 0.64 and a beta of 1.23. The business’s 50 day moving average is $99.37 and its two-hundred day moving average is $99.92. The company has a quick ratio of 1.66, a current ratio of 2.70 and a debt-to-equity ratio of 0.48.

EnerSys (NYSE:ENS) last posted its earnings results on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.01. The company had revenue of $852.90 million for the quarter, compared to analyst estimates of $877.52 million. EnerSys had a net margin of 7.73% and a return on equity of 19.98%. The firm’s revenue was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 EPS. As a group, equities analysts expect that EnerSys will post 8.94 earnings per share for the current fiscal year.

EnerSys Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a dividend of $0.24 per share. This is a positive change from EnerSys’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Monday, September 16th. EnerSys’s dividend payout ratio (DPR) is presently 14.77%.

Insider Buying and Selling

In other EnerSys news, insider Chad C. Uplinger sold 500 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $100.87, for a total value of $50,435.00. Following the completion of the sale, the insider now owns 17,175 shares in the company, valued at approximately $1,732,442.25. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other EnerSys news, CEO David M. Shaffer sold 2,400 shares of EnerSys stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $100.00, for a total value of $240,000.00. Following the sale, the chief executive officer now owns 244,140 shares of the company’s stock, valued at approximately $24,414,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chad C. Uplinger sold 500 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $100.87, for a total transaction of $50,435.00. Following the transaction, the insider now directly owns 17,175 shares of the company’s stock, valued at $1,732,442.25. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,700 shares of company stock worth $2,271,843. 1.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. StockNews.com lowered shares of EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Roth Mkm reissued a “buy” rating and set a $120.00 price objective on shares of EnerSys in a research report on Monday, September 23rd. Finally, Roth Capital raised EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

EnerSys Company Profile

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.