Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV reduced its position in Energizer Holdings, Inc. (NYSE:ENRGet Rating) by 47.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,231 shares of the company’s stock after selling 2,912 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Energizer were worth $92,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ENR. Securian Asset Management Inc. boosted its stake in shares of Energizer by 6.1% in the 1st quarter. Securian Asset Management Inc. now owns 5,881 shares of the company’s stock valued at $181,000 after buying an additional 340 shares during the period. Smith Moore & CO. boosted its stake in shares of Energizer by 2.9% in the 1st quarter. Smith Moore & CO. now owns 14,413 shares of the company’s stock valued at $443,000 after buying an additional 412 shares during the period. Eaton Vance Management boosted its stake in shares of Energizer by 1.5% in the 1st quarter. Eaton Vance Management now owns 29,954 shares of the company’s stock valued at $921,000 after buying an additional 451 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Energizer by 4.4% in the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 10,887 shares of the company’s stock valued at $335,000 after buying an additional 459 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in shares of Energizer by 4.9% in the 1st quarter. Teacher Retirement System of Texas now owns 12,411 shares of the company’s stock valued at $382,000 after buying an additional 581 shares during the period. 84.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Barclays decreased their price objective on Energizer from $38.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, August 10th. JPMorgan Chase & Co. decreased their target price on Energizer from $33.00 to $32.00 in a research note on Tuesday, August 9th. Finally, Morgan Stanley cut Energizer from an “overweight” rating to an “equal weight” rating and set a $35.00 target price for the company. in a research note on Wednesday, August 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $36.00.

Energizer Price Performance

ENR stock opened at $28.18 on Tuesday. The business has a 50 day moving average price of $29.60 and a 200 day moving average price of $29.85. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 9.49 and a beta of 0.98. Energizer Holdings, Inc. has a fifty-two week low of $25.17 and a fifty-two week high of $41.62. The company has a quick ratio of 0.96, a current ratio of 2.12 and a debt-to-equity ratio of 7.09.

Energizer (NYSE:ENRGet Rating) last released its quarterly earnings results on Monday, August 8th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $728.00 million for the quarter, compared to analyst estimates of $747.47 million. Energizer had a return on equity of 51.08% and a net margin of 7.09%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.74 EPS. Equities research analysts anticipate that Energizer Holdings, Inc. will post 3.04 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 13th. Shareholders of record on Tuesday, August 23rd were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.26%. The ex-dividend date was Monday, August 22nd. Energizer’s dividend payout ratio (DPR) is 40.40%.

Insiders Place Their Bets

In other news, CEO Mark Stephen Lavigne purchased 3,000 shares of the business’s stock in a transaction on Friday, August 26th. The shares were bought at an average price of $30.49 per share, with a total value of $91,470.00. Following the completion of the transaction, the chief executive officer now directly owns 150,323 shares in the company, valued at approximately $4,583,348.27. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Mark Stephen Lavigne purchased 3,000 shares of the business’s stock in a transaction on Friday, August 26th. The shares were bought at an average price of $30.49 per share, with a total value of $91,470.00. Following the completion of the transaction, the chief executive officer now directly owns 150,323 shares in the company, valued at approximately $4,583,348.27. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bill G. Armstrong sold 5,000 shares of Energizer stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $32.14, for a total value of $160,700.00. Following the transaction, the director now directly owns 24,065 shares in the company, valued at approximately $773,449.10. The disclosure for this sale can be found here. 0.71% of the stock is currently owned by corporate insiders.

Energizer Profile

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Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid batteries.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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