EnerSys (NYSE:ENS) Shares Purchased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lifted its holdings in EnerSys (NYSE:ENS - Free Report) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,028,027 shares of the industrial products company's stock after buying an additional 121,758 shares during the period. EnerSys comprises 1.9% of Deprince Race & Zollo Inc.'s holdings, making the stock its 3rd largest holding. Deprince Race & Zollo Inc. owned approximately 2.61% of EnerSys worth $95,021,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Barclays PLC raised its position in EnerSys by 87.2% during the third quarter. Barclays PLC now owns 184,110 shares of the industrial products company's stock valued at $18,788,000 after purchasing an additional 85,742 shares during the period. Franklin Resources Inc. raised its holdings in EnerSys by 13.9% during the 3rd quarter. Franklin Resources Inc. now owns 38,117 shares of the industrial products company's stock valued at $3,964,000 after buying an additional 4,657 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in EnerSys by 3.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,044 shares of the industrial products company's stock valued at $1,025,000 after buying an additional 302 shares during the period. Moody National Bank Trust Division lifted its position in EnerSys by 12.3% in the fourth quarter. Moody National Bank Trust Division now owns 12,024 shares of the industrial products company's stock worth $1,111,000 after buying an additional 1,320 shares during the last quarter. Finally, Carolina Wealth Advisors LLC boosted its stake in EnerSys by 2.6% during the fourth quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock worth $614,000 after buying an additional 169 shares during the period. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

EnerSys Stock Up 0.4 %

Shares of EnerSys stock traded up $0.34 during trading hours on Friday, reaching $93.10. 140,768 shares of the company were exchanged, compared to its average volume of 285,358. EnerSys has a 1 year low of $76.57 and a 1 year high of $112.53. The stock's fifty day moving average is $89.83 and its 200 day moving average is $94.34. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The firm has a market cap of $3.67 billion, a PE ratio of 11.52, a PEG ratio of 0.57 and a beta of 1.13.

EnerSys (NYSE:ENS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. As a group, equities research analysts forecast that EnerSys will post 9.99 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective on the stock in a research report on Friday, January 17th. One 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 stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $117.50.

About EnerSys

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.