EnerSys (ENS) Stake Raised by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD lifted its position in shares of EnerSys (NYSE:ENS) by 28.9% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,464 shares of the industrial products company’s stock after buying an additional 11,080 shares during the quarter. Mondrian Investment Partners LTD owned about 0.11% of EnerSys worth $3,223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ENS. California State Teachers Retirement System raised its position in shares of EnerSys by 2.4% during the fourth quarter. California State Teachers Retirement System now owns 66,005 shares of the industrial products company’s stock worth $5,123,000 after purchasing an additional 1,553 shares during the period. Meeder Asset Management Inc. grew its holdings in EnerSys by 6,606.3% during the fourth quarter. Meeder Asset Management Inc. now owns 7,511 shares of the industrial products company’s stock worth $585,000 after buying an additional 7,399 shares in the last quarter. SG Capital Management LLC bought a new stake in EnerSys during the fourth quarter worth $5,193,000. Castleark Management LLC grew its holdings in EnerSys by 37.2% during the fourth quarter. Castleark Management LLC now owns 117,685 shares of the industrial products company’s stock worth $9,134,000 after buying an additional 31,880 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in EnerSys by 1,227.3% during the fourth quarter. Bank of Montreal Can now owns 37,975 shares of the industrial products company’s stock worth $2,947,000 after buying an additional 35,114 shares in the last quarter. Institutional investors own 96.70% of the company’s stock.

In related news, insider Todd M. Sechrist sold 24,039 shares of the stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $70.58, for a total transaction of $1,696,672.62. Following the sale, the insider now owns 41,244 shares of the company’s stock, valued at approximately $2,911,001.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Several brokerages recently issued reports on ENS. ValuEngine downgraded EnerSys from a “hold” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research upgraded EnerSys from a “sell” rating to a “hold” rating in a report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $93.55.

Shares of NYSE ENS opened at $65.57 on Friday. The firm has a market cap of $2.91 billion, a PE ratio of 14.10, a PEG ratio of 1.16 and a beta of 1.32. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.00 and a current ratio of 2.91. EnerSys has a one year low of $62.37 and a one year high of $89.83.

EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, February 6th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.07). The company had revenue of $680.00 million for the quarter, compared to analysts’ expectations of $685.80 million. EnerSys had a return on equity of 16.55% and a net margin of 7.26%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the company posted $1.25 EPS. As a group, research analysts expect that EnerSys will post 4.93 EPS for the current fiscal year.

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EnerSys Company Profile

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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