33,300 Shares in Energizer Holdings, Inc. (NYSE:ENR) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new position in Energizer Holdings, Inc. (NYSE:ENR) in the fourth quarter, Holdings Channel reports. The firm bought 33,300 shares of the company’s stock, valued at approximately $1,055,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Energizer by 13.8% during the 3rd quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company’s stock valued at $297,930,000 after acquiring an additional 1,126,158 shares during the period. FMR LLC lifted its stake in Energizer by 28.2% during the 3rd quarter. FMR LLC now owns 6,860,185 shares of the company’s stock valued at $219,800,000 after acquiring an additional 1,508,081 shares during the period. LSV Asset Management lifted its stake in Energizer by 1.4% during the 3rd quarter. LSV Asset Management now owns 1,750,934 shares of the company’s stock valued at $56,100,000 after acquiring an additional 23,844 shares during the period. Gamco Investors INC. ET AL lifted its stake in Energizer by 0.5% during the 3rd quarter. Gamco Investors INC. ET AL now owns 1,270,495 shares of the company’s stock valued at $40,707,000 after acquiring an additional 6,823 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in Energizer by 12.5% during the 3rd quarter. Principal Financial Group Inc. now owns 895,249 shares of the company’s stock valued at $28,683,000 after acquiring an additional 99,353 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Price Performance

Shares of NYSE ENR opened at $28.96 on Wednesday. The firm has a market cap of $2.08 billion, a PE ratio of 22.45 and a beta of 1.06. The firm has a fifty day moving average of $28.61 and a 200 day moving average of $30.67. The company has a debt-to-equity ratio of 19.36, a quick ratio of 1.15 and a current ratio of 2.03. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $37.32.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. The firm 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 company’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. As a group, research analysts predict that Energizer Holdings, Inc. will post 3.21 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Wednesday, February 21st were given a $0.30 dividend. The ex-dividend date was Tuesday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 4.14%. Energizer’s payout ratio is currently 93.02%.

Analysts Set New Price Targets

Several analysts have commented on the stock. StockNews.com cut shares of Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Barclays cut their target price on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Two research 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, Energizer has a consensus rating of “Hold” and an average price target of $35.00.

Energizer Company 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.