State Street Corp raised its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,787,608 shares of the company’s stock after buying an additional 33,625 shares during the quarter. State Street Corp owned about 2.89% of Energizer Holdings worth $85,841,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the business. Alps Advisors Inc. raised its stake in Energizer Holdings by 0.3% in the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after buying an additional 22 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Energizer Holdings by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after purchasing an additional 50 shares during the last quarter. Synovus Financial Corp raised its stake in shares of Energizer Holdings by 1.7% in the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock worth $243,000 after purchasing an additional 85 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Energizer Holdings by 3.0% in the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock worth $238,000 after purchasing an additional 144 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Energizer Holdings by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares during the last quarter. Institutional investors own 92.86% of the company’s stock.
In related news, CFO Timothy W. Gorman bought 6,300 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were purchased at an average cost of $42.26 per share, with a total value of $266,238.00. Following the completion of the acquisition, the chief financial officer now directly owns 20,974 shares in the company, valued at $886,361.24. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Alan R. Hoskins bought 12,112 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average cost of $41.28 per share, for a total transaction of $499,983.36. Following the completion of the acquisition, the chief executive officer now owns 98,887 shares of the company’s stock, valued at $4,082,055.36. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 23,912 shares of company stock worth $994,086. 1.73% of the stock is owned by corporate insiders.
Several research analysts have recently issued reports on ENR shares. Royal Bank of Canada restated a “buy” rating on shares of Energizer Holdings in a research note on Tuesday, July 18th. KeyCorp upgraded Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 price objective for the company in a research note on Tuesday, July 18th. Deutsche Bank AG restated a “hold” rating and issued a $55.00 price objective (down from $62.00) on shares of Energizer Holdings in a research note on Saturday, July 22nd. Jefferies Group LLC restated a “hold” rating and issued a $52.00 price objective (down from $54.00) on shares of Energizer Holdings in a research note on Monday, July 24th. Finally, UBS AG restated a “neutral” rating and issued a $47.00 price objective (down from $49.00) on shares of Energizer Holdings in a research note on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $51.88.
Energizer Holdings, Inc. (ENR) traded up $1.18 during trading on Friday, reaching $43.75. The company had a trading volume of 826,400 shares, compared to its average volume of 725,177. The firm has a market capitalization of $2,635.31, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.55. Energizer Holdings, Inc. has a 12-month low of $40.64 and a 12-month high of $60.07. The company has a debt-to-equity ratio of 11.50, a quick ratio of 1.35 and a current ratio of 1.75.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. The firm had revenue of $465.00 million for the quarter, compared to analyst estimates of $437.36 million. Energizer Holdings had a return on equity of 291.65% and a net margin of 11.48%. Energizer Holdings’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.06 earnings per share for the current fiscal year.
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About Energizer Holdings
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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