Price T Rowe Associates Inc. MD Increases Position in EnerSys (NYSE:ENS)

Price T Rowe Associates Inc. MD lifted its position in EnerSys (NYSE:ENS - Free Report) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,021 shares of the industrial products company's stock after acquiring an additional 3,948 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.14% of EnerSys worth $5,179,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Separately, Oppenheimer upgraded EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective for the company in a research note on Friday, January 17th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $117.50.

EnerSys Stock Up 0.4 %

NYSE:ENS traded up $0.34 during midday trading on Friday, reaching $93.10. 140,768 shares of the stock traded hands, compared to its average volume of 285,358. The business has a 50-day moving average of $89.83 and a two-hundred day moving average of $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. EnerSys has a 12-month low of $76.57 and a 12-month high of $112.53. The stock has a market capitalization of $3.67 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.

EnerSys (NYSE:ENS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, equities analysts forecast that EnerSys will post 9.99 earnings per share for the current fiscal year.

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.