EnerSys (NYSE:ENS) Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its stake in EnerSys (NYSE:ENS - Free Report) by 32.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 87,667 shares of the industrial products company's stock after selling 41,614 shares during the period. Lazard Asset Management LLC owned about 0.22% of EnerSys worth $8,102,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in EnerSys by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company's stock valued at $431,376,000 after purchasing an additional 90,670 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of EnerSys by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company's stock valued at $136,583,000 after buying an additional 13,104 shares during the period. Janus Henderson Group PLC raised its holdings in shares of EnerSys by 1.1% in the 4th quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company's stock valued at $122,262,000 after buying an additional 13,786 shares during the period. Deprince Race & Zollo Inc. lifted its stake in EnerSys by 13.4% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company's stock worth $95,021,000 after acquiring an additional 121,758 shares in the last quarter. Finally, Boston Partners boosted its holdings in EnerSys by 47.1% during the 4th quarter. Boston Partners now owns 845,496 shares of the industrial products company's stock valued at $78,801,000 after acquiring an additional 270,726 shares during the period. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reiterated a "buy" rating and set a $120.00 price target on shares of EnerSys in a research note on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $117.50.

EnerSys Stock Down 0.3%

ENS stock traded down $0.28 during midday trading on Tuesday, hitting $98.06. The company's stock had a trading volume of 28,346 shares, compared to its average volume of 285,227. The firm has a 50-day simple moving average of $89.84 and a 200-day simple moving average of $94.34. The firm has a market capitalization of $3.87 billion, a P/E ratio of 12.13, a PEG ratio of 0.57 and a beta of 1.13. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. EnerSys has a 52-week low of $76.57 and a 52-week high of $112.53.

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.