Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENRFree Report) by 13.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,298,682 shares of the company’s stock after buying an additional 1,126,158 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of Energizer worth $297,930,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Advisor Group Holdings Inc. raised its stake in shares of Energizer by 15.5% in the first quarter. Advisor Group Holdings Inc. now owns 11,576 shares of the company’s stock worth $405,000 after purchasing an additional 1,556 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Energizer by 207.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 15,317 shares of the company’s stock worth $471,000 after acquiring an additional 10,327 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Energizer by 6.2% in the first quarter. Bank of New York Mellon Corp now owns 1,011,203 shares of the company’s stock worth $31,104,000 after acquiring an additional 59,124 shares during the last quarter. HighTower Advisors LLC lifted its position in Energizer by 11.6% during the first quarter. HighTower Advisors LLC now owns 6,901 shares of the company’s stock worth $211,000 after buying an additional 716 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Energizer by 85.8% during the first quarter. PNC Financial Services Group Inc. now owns 20,064 shares of the company’s stock worth $616,000 after buying an additional 9,263 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Energizer Trading Up 4.4 %

ENR opened at $29.11 on Thursday. Energizer Holdings, Inc. has a 12 month low of $27.58 and a 12 month high of $37.32. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 22.57 and a beta of 1.06. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The business has a fifty day moving average price of $29.98 and a 200 day moving average price of $31.25.

Energizer (NYSE:ENRGet Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.02. The business had revenue of $716.60 million during the quarter, compared to analysts’ expectations of $710.73 million. Energizer had a return on equity of 123.29% and a net margin of 3.21%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. Sell-side analysts expect that Energizer Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.12%. The ex-dividend date was Tuesday, February 20th. Energizer’s payout ratio is currently 93.02%.

Analysts Set New Price Targets

ENR has been the topic of a number of analyst reports. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Barclays lifted their price objective on Energizer from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Energizer currently has an average rating of “Hold” and a consensus price target of $35.67.

Get Our Latest Report on Energizer

About Energizer

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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