Energizer Holdings, Inc. (NYSE:ENR) Position Lifted by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 10.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 59,822 shares of the company’s stock after buying an additional 5,798 shares during the quarter. Cerity Partners LLC’s holdings in Energizer were worth $1,895,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of ENR. Jones Financial Companies Lllp bought a new stake in Energizer in the 3rd quarter valued at about $32,000. Ancora Advisors LLC bought a new stake in Energizer in the 1st quarter valued at about $37,000. Signaturefd LLC lifted its position in Energizer by 35.3% in the 3rd quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares during the last quarter. Captrust Financial Advisors lifted its position in Energizer by 107.4% in the 1st quarter. Captrust Financial Advisors now owns 2,014 shares of the company’s stock valued at $62,000 after purchasing an additional 1,043 shares during the last quarter. Finally, Belpointe Asset Management LLC lifted its position in Energizer by 42.4% in the 1st quarter. Belpointe Asset Management LLC now owns 1,836 shares of the company’s stock valued at $64,000 after purchasing an additional 547 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ENR. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Barclays lowered their target price on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $35.00.

Energizer Stock Performance

Shares of ENR opened at $28.41 on Friday. The firm’s 50 day moving average is $28.68 and its 200-day moving average is $30.66. The stock has a market capitalization of $2.04 billion, a P/E ratio of 22.02 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. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $37.32.

Energizer (NYSE:ENR) last announced 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 company had revenue of $716.60 million for the quarter, compared to analysts’ expectations of $710.73 million. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The business’s revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS. Equities research analysts anticipate that Energizer Holdings, Inc. will post 3.21 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.22%. Energizer’s dividend payout ratio is currently 93.02%.

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.