Swiss National Bank Sells 17,300 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Swiss National Bank decreased its position in Energizer Holdings, Inc. (NYSE:ENR) by 10.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 146,225 shares of the company’s stock after selling 17,300 shares during the period. Swiss National Bank owned about 0.20% of Energizer worth $5,074,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Energizer by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 7,547,272 shares of the company’s stock valued at $189,738,000 after acquiring an additional 195,988 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of Energizer by 2.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,443,245 shares of the company’s stock worth $115,521,000 after purchasing an additional 75,839 shares in the last quarter. State Street Corp raised its stake in shares of Energizer by 6.5% during the 3rd quarter. State Street Corp now owns 2,179,564 shares of the company’s stock worth $54,794,000 after purchasing an additional 132,661 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Energizer by 6.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,229,926 shares of the company’s stock worth $41,267,000 after purchasing an additional 73,189 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Energizer by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 1,187,746 shares of the company’s stock worth $39,848,000 after purchasing an additional 23,879 shares in the last quarter. Institutional investors own 83.74% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ENR shares. JPMorgan Chase & Co. upped their price objective on Energizer from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 9th. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Royal Bank of Canada dropped their price objective on Energizer from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 9th. Morgan Stanley decreased their target price on Energizer from $36.00 to $33.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 9th. Finally, Truist Financial lowered Energizer from a “buy” rating to a “hold” rating and decreased their target price for the stock from $40.00 to $35.00 in a report on Monday. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.00.

Energizer Stock Performance

Shares of NYSE ENR opened at $35.18 on Thursday. The company has a debt-to-equity ratio of 20.23, a current ratio of 2.16 and a quick ratio of 1.11. The stock’s fifty day moving average price is $34.22 and its two-hundred day moving average price is $34.04. Energizer Holdings, Inc. has a one year low of $24.81 and a one year high of $37.89. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of -10.28 and a beta of 1.00.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Energizer had a negative net margin of 8.24% and a positive return on equity of 135.74%. The firm had revenue of $699.40 million during the quarter, compared to analyst estimates of $743.05 million. During the same period in the prior year, the company earned $0.77 earnings per share. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. On average, equities analysts forecast that Energizer Holdings, Inc. will post 3.04 EPS for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 22nd will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, August 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.41%. Energizer’s payout ratio is -35.09%.

Energizer Profile

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, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.