Raymond James Financial Services Advisors Inc. Grows Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Raymond James Financial Services Advisors Inc. boosted its position in Energizer Holdings, Inc. (NYSE:ENR) by 230.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 55,215 shares of the company’s stock after acquiring an additional 38,520 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Energizer were worth $1,749,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of Energizer by 2.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 14,873 shares of the company’s stock valued at $499,000 after buying an additional 285 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Energizer by 2.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 17,539 shares of the company’s stock valued at $441,000 after acquiring an additional 342 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in shares of Energizer by 1.1% during the 3rd quarter. Yousif Capital Management LLC now owns 32,980 shares of the company’s stock valued at $1,057,000 after acquiring an additional 353 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Energizer by 35.3% during the 3rd quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock valued at $44,000 after acquiring an additional 361 shares in the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in shares of Energizer by 0.5% during the 3rd quarter. Retirement Systems of Alabama now owns 86,755 shares of the company’s stock valued at $2,181,000 after acquiring an additional 405 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ENR has been the topic of several recent research reports. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Barclays lifted their target price on shares of Energizer from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $35.67.

Energizer Stock Performance

Shares of ENR stock opened at $27.55 on Friday. Energizer Holdings, Inc. has a 12 month low of $27.43 and a 12 month high of $37.32. 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 firm has a market capitalization of $1.98 billion, a P/E ratio of 21.36 and a beta of 1.06. The company’s fifty day moving average price is $29.16 and its two-hundred day moving average price is $30.85.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The firm had revenue of $716.60 million for the quarter, compared to analyst estimates of $710.73 million. During the same quarter in the previous year, the business posted $0.72 EPS. The firm’s revenue was down 6.3% compared to the same quarter last year. On average, research analysts anticipate that Energizer Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Tuesday, February 20th. Energizer’s payout ratio is currently 93.02%.

About Energizer

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.