Ruffer LLP Acquires 1,010 Shares of Enersys $ENS

Ruffer LLP raised its position in shares of Enersys (NYSE:ENS) by 1.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,344 shares of the industrial products company’s stock after acquiring an additional 1,010 shares during the quarter. Ruffer LLP owned about 0.17% of Enersys worth $5,605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENS. Victory Capital Management Inc. increased its stake in Enersys by 1.0% in the 1st quarter. Victory Capital Management Inc. now owns 13,463 shares of the industrial products company’s stock valued at $1,233,000 after buying an additional 135 shares during the last quarter. Heritage Family Offices LLP increased its stake in shares of Enersys by 7.1% during the 1st quarter. Heritage Family Offices LLP now owns 2,683 shares of the industrial products company’s stock worth $246,000 after purchasing an additional 177 shares during the last quarter. Assetmark Inc. increased its stake in shares of Enersys by 3.0% during the 1st quarter. Assetmark Inc. now owns 6,566 shares of the industrial products company’s stock worth $601,000 after purchasing an additional 193 shares during the last quarter. US Bancorp DE increased its stake in shares of Enersys by 3.6% during the 1st quarter. US Bancorp DE now owns 6,121 shares of the industrial products company’s stock worth $561,000 after purchasing an additional 211 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Enersys by 15.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,559 shares of the industrial products company’s stock worth $134,000 after purchasing an additional 213 shares during the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Stock Down 0.6%

ENS opened at $109.67 on Thursday. Enersys has a twelve month low of $76.57 and a twelve month high of $113.60. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 0.63 and a beta of 1.09. The company has a quick ratio of 1.91, a current ratio of 3.00 and a debt-to-equity ratio of 0.68. The firm has a 50 day moving average price of $99.57 and a 200-day moving average price of $92.38.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.03. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The business had revenue of $893.00 million during the quarter, compared to analysts’ expectations of $848.02 million. During the same period in the prior year, the company earned $1.98 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Equities research analysts forecast that Enersys will post 9.99 earnings per share for the current year.

Enersys Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be paid a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Enersys’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, September 12th. Enersys’s dividend payout ratio is currently 11.99%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Roth Capital reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Enersys in a report on Tuesday, August 5th. Wall Street Zen cut shares of Enersys from a “buy” rating to a “hold” rating in a research report on Saturday, September 20th. Finally, Oppenheimer restated an “outperform” rating on shares of Enersys in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $118.33.

Enersys 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.