GAMMA Investing LLC lifted its position in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 86.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 768 shares of the company’s stock after acquiring an additional 356 shares during the quarter. GAMMA Investing LLC’s holdings in Energizer were worth $27,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of ENR. Charles Schwab Investment Management Inc. raised its position in Energizer by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after purchasing an additional 19,836 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Energizer in the 3rd quarter valued at approximately $584,000. Seizert Capital Partners LLC boosted its position in Energizer by 29.0% during the 3rd quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock worth $5,773,000 after buying an additional 40,891 shares during the period. Clarkston Capital Partners LLC boosted its position in Energizer by 12.6% during the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after buying an additional 533,831 shares during the period. Finally, Gabelli Funds LLC grew its holdings in Energizer by 6.1% during the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock worth $11,363,000 after acquiring an additional 22,100 shares during the last quarter. Institutional investors own 93.74% of the company’s stock.
Insider Transactions at Energizer
In other news, EVP Robin Vauth sold 1,978 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the transaction, the executive vice president now owns 5,758 shares of the company’s stock, valued at $207,115.26. This represents a 25.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the sale, the vice president now directly owns 4,635 shares of the company’s stock, valued at $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock valued at $334,694 in the last quarter. 0.98% of the stock is currently owned by company insiders.
Energizer Stock Down 0.4 %
Energizer Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date was Wednesday, November 27th. Energizer’s payout ratio is 230.77%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. StockNews.com raised shares of Energizer from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th. Truist Financial raised their target price on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Canaccord Genuity Group upped their price target on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Energizer from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $32.00 to $39.00 in a research report on Wednesday, November 20th. Finally, Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $34.00 to $36.00 in a report on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $37.63.
Get Our Latest Research Report on ENR
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.
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