Y Intercept Hong Kong Ltd Increases Stock Position in Energizer Holdings, Inc. $ENR

Y Intercept Hong Kong Ltd lifted its stake in Energizer Holdings, Inc. (NYSE:ENR) by 119.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,917 shares of the company’s stock after purchasing an additional 23,882 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.06% of Energizer worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Vestcor Inc raised its position in shares of Energizer by 3.7% in the 1st quarter. Vestcor Inc now owns 13,448 shares of the company’s stock worth $402,000 after purchasing an additional 475 shares during the last quarter. Blue Trust Inc. raised its position in shares of Energizer by 38.9% in the 2nd quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock worth $38,000 after purchasing an additional 527 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Energizer by 108.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after purchasing an additional 579 shares during the last quarter. Capital Insight Partners LLC raised its position in shares of Energizer by 4.0% in the 1st quarter. Capital Insight Partners LLC now owns 15,396 shares of the company’s stock worth $461,000 after purchasing an additional 594 shares during the last quarter. Finally, Rhumbline Advisers raised its position in shares of Energizer by 0.4% in the 1st quarter. Rhumbline Advisers now owns 200,988 shares of the company’s stock worth $6,014,000 after purchasing an additional 715 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ENR shares. Truist Financial lifted their price target on Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Barclays lifted their price target on Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. decreased their target price on Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Energizer in a research report on Tuesday, October 14th. Finally, Wall Street Zen lowered Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.00.

Energizer Price Performance

Shares of NYSE:ENR opened at $23.51 on Wednesday. Energizer Holdings, Inc. has a fifty-two week low of $19.70 and a fifty-two week high of $39.51. The business has a 50-day simple moving average of $26.06 and a two-hundred day simple moving average of $24.66. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 6.78 and a beta of 0.63.

Energizer (NYSE:ENR) last issued its earnings results on Wednesday, December 4th. The company reported $0.64 earnings per share for the quarter. The business had revenue of $684.10 million during the quarter. Energizer had a return on equity of 181.90% and a net margin of 8.60%. On average, analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

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.