EnerSys (NYSE:ENS) Short Interest Update

EnerSys (NYSE:ENS) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,050,000 shares, an increase of 9.4% from the October 31st total of 959,700 shares. Based on an average trading volume of 253,100 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.7% of the shares of the stock are sold short.

Insider Transactions at EnerSys

In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the sale, the chief executive officer now directly owns 206,724 shares of the company’s stock, valued at $20,674,467.24. This trade represents a 8.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.61% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of EnerSys in the second quarter worth about $25,000. UMB Bank n.a. grew its position in EnerSys by 36.2% in the second quarter. UMB Bank n.a. now owns 354 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 94 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of EnerSys by 141.8% during the second quarter. GAMMA Investing LLC now owns 382 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 224 shares during the period. Canada Pension Plan Investment Board acquired a new position in shares of EnerSys during the second quarter worth $41,000. Finally, Mather Group LLC. boosted its stake in shares of EnerSys by 250.5% in the second quarter. Mather Group LLC. now owns 701 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 501 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.

EnerSys Trading Up 1.0 %

ENS stock traded up $1.00 on Monday, hitting $97.66. 308,424 shares of the company were exchanged, compared to its average volume of 248,422. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 1.87. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 0.61 and a beta of 1.24. EnerSys has a twelve month low of $86.41 and a twelve month high of $112.53. The business’s fifty day moving average is $99.15 and its two-hundred day moving average is $101.09.

EnerSys (NYSE:ENS) last released 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 return on equity of 20.04% and a net margin of 8.25%. The business had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. During the same period in the prior year, the firm posted $1.84 EPS. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. As a group, research analysts forecast that EnerSys will post 8.86 earnings per share for the current year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Friday, December 13th. EnerSys’s dividend payout ratio (DPR) is presently 13.60%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Roth Mkm restated a “buy” rating and set a $120.00 target price on shares of EnerSys in a research report on Monday, September 23rd. Roth Capital upgraded EnerSys to a “strong-buy” rating in a report on Tuesday, August 27th. Finally, StockNews.com downgraded EnerSys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.