Boston Partners raised its stake in Enersys (NYSE:ENS) by 47.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,676,099 shares of the industrial products company’s stock after buying an additional 866,056 shares during the period. Boston Partners owned about 0.06% of Enersys worth $193,884,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of ENS. First Interstate Bank boosted its stake in shares of Enersys by 0.4% in the first quarter. First Interstate Bank now owns 2,375 shares of the industrial products company’s stock valued at $187,000 after buying an additional 10 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Enersys by 0.9% in the first quarter. World Asset Management Inc now owns 2,669 shares of the industrial products company’s stock valued at $211,000 after buying an additional 25 shares in the last quarter. State Treasurer State of Michigan boosted its stake in shares of Enersys by 0.6% in the first quarter. State Treasurer State of Michigan now owns 17,600 shares of the industrial products company’s stock valued at $1,389,000 after buying an additional 100 shares in the last quarter. First Midwest Bank Trust Division boosted its stake in shares of Enersys by 2.0% in the second quarter. First Midwest Bank Trust Division now owns 6,904 shares of the industrial products company’s stock valued at $500,000 after buying an additional 134 shares in the last quarter. Finally, 1st Global Advisors Inc. boosted its stake in shares of Enersys by 2.2% in the first quarter. 1st Global Advisors Inc. now owns 6,601 shares of the industrial products company’s stock valued at $521,000 after buying an additional 144 shares in the last quarter. Institutional investors own 95.86% of the company’s stock.

Enersys (NYSE:ENS) opened at 64.99 on Friday. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 17.85 and a beta of 1.65. Enersys has a 1-year low of $63.10 and a 1-year high of $84.74. The company’s 50-day moving average is $72.28 and its 200 day moving average is $77.09.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, August 9th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by $0.01. The firm had revenue of $622.60 million during the quarter, compared to analyst estimates of $615.77 million. Enersys had a net margin of 6.86% and a return on equity of 19.27%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.14 EPS. On average, equities analysts predict that Enersys will post $4.83 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Thursday, September 14th. Enersys’s dividend payout ratio is presently 18.87%.

Enersys announced that its board has authorized a share repurchase plan on Wednesday, August 9th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the industrial products company to reacquire up to 3.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

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Several brokerages have recently commented on ENS. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $92.00 price target (down previously from $95.00) on shares of Enersys in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Enersys from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. BidaskClub cut shares of Enersys from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, ValuEngine upgraded shares of Enersys from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Enersys currently has an average rating of “Hold” and an average target price of $84.33.

In other Enersys news, VP Kerry M. Kane sold 4,413 shares of the stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of $82.16, for a total transaction of $362,572.08. Following the completion of the sale, the vice president now owns 17,210 shares of the company’s stock, valued at approximately $1,413,973.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Holger P. Aschke sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $81.00, for a total transaction of $243,000.00. Following the sale, the insider now directly owns 28,928 shares of the company’s stock, valued at approximately $2,343,168. The disclosure for this sale can be found here. Insiders have sold a total of 7,676 shares of company stock valued at $627,462 in the last three months. Insiders own 1.40% of the company’s stock.

About Enersys

EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.

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Institutional Ownership by Quarter for Enersys (NYSE:ENS)

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