First Trust Advisors LP reduced its position in shares of Energizer Holdings Inc (NYSE:ENR) by 85.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,334 shares of the company’s stock after selling 494,076 shares during the period. First Trust Advisors LP owned about 0.13% of Energizer worth $3,838,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Alps Advisors Inc. raised its holdings in Energizer by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock worth $416,000 after acquiring an additional 22 shares in the last quarter. Advisor Group Inc. raised its stake in Energizer by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after buying an additional 50 shares during the period. Synovus Financial Corp raised its stake in Energizer by 1.7% in the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock valued at $243,000 after buying an additional 85 shares during the period. Teacher Retirement System of Texas raised its stake in Energizer by 3.0% in the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after buying an additional 144 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Energizer by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after buying an additional 169 shares during the period. 99.27% of the stock is owned by institutional investors.
Several research firms have issued reports on ENR. UBS restated a “neutral” rating and issued a $47.00 price objective (down previously from $49.00) on shares of Energizer in a research note on Wednesday, August 9th. Deutsche Bank restated a “hold” rating and issued a $49.00 price objective (down previously from $55.00) on shares of Energizer in a research note on Wednesday, August 9th. KeyCorp set a $55.00 price objective on Energizer and gave the company a “buy” rating in a research note on Saturday, November 25th. Zacks Investment Research downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Energizer in a research report on Wednesday, August 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Energizer currently has a consensus rating of “Hold” and a consensus price target of $51.88.
Shares of Energizer Holdings Inc (ENR) traded up $1.33 during trading hours on Monday, reaching $47.28. The company had a trading volume of 533,159 shares, compared to its average volume of 724,352. The firm has a market capitalization of $2,751.63, a P/E ratio of 15.42, a P/E/G ratio of 1.53 and a beta of 0.59. Energizer Holdings Inc has a 1-year low of $40.64 and a 1-year high of $60.07. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50.
Energizer (NYSE:ENR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.06. The business had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. Energizer had a return on equity of 158.95% and a net margin of 7.33%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 earnings per share. sell-side analysts predict that Energizer Holdings Inc will post 3.05 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from Energizer’s previous quarterly dividend of $0.28. Energizer’s dividend payout ratio (DPR) is currently 36.02%.
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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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