Engineers Gate Manager LP acquired a new position in shares of Energizer Holdings Inc (NYSE:ENR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 43,713 shares of the company’s stock, valued at approximately $2,097,000. Engineers Gate Manager LP owned approximately 0.07% of Energizer as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently made changes to their positions in ENR. Teachers Advisors LLC lifted its stake in Energizer by 74.5% in the second quarter. Teachers Advisors LLC now owns 116,582 shares of the company’s stock valued at $5,598,000 after buying an additional 49,789 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in shares of Energizer by 7.6% in the second quarter. Thrivent Financial For Lutherans now owns 12,530 shares of the company’s stock valued at $602,000 after purchasing an additional 890 shares during the period. UBS Asset Management Americas Inc. increased its holdings in shares of Energizer by 13.4% in the second quarter. UBS Asset Management Americas Inc. now owns 52,326 shares of the company’s stock valued at $2,513,000 after purchasing an additional 6,177 shares during the period. Northern Trust Corp increased its holdings in shares of Energizer by 2.7% in the second quarter. Northern Trust Corp now owns 528,663 shares of the company’s stock valued at $25,387,000 after purchasing an additional 14,117 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Energizer by 0.6% in the second quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock valued at $250,740,000 after purchasing an additional 28,652 shares during the period. 97.23% of the stock is owned by institutional investors and hedge funds.
A number of research analysts recently weighed in on ENR shares. Off Wall Street started coverage on Energizer in a report on Monday, October 30th. They set a “sell” rating on the stock. Citigroup lowered their target price on Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Deutsche Bank raised Energizer from a “hold” rating to a “buy” rating and lowered their target price for the company from $50.00 to $49.00 in a report on Thursday, January 4th. Morgan Stanley reduced their price objective on Energizer from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 9th. Finally, Zacks Investment Research downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $59.22.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the transaction, the vice president now owns 9,708 shares of the company’s stock, valued at approximately $543,648. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.79% of the company’s stock.
Energizer Holdings Inc (ENR) traded up $0.95 during mid-day trading on Wednesday, hitting $54.12. The stock had a trading volume of 270,299 shares, compared to its average volume of 1,206,930. The company has a current ratio of 1.90, a quick ratio of 1.39 and a debt-to-equity ratio of 29.02. Energizer Holdings Inc has a fifty-two week low of $40.64 and a fifty-two week high of $62.86. The firm has a market capitalization of $3,199.16, a price-to-earnings ratio of 20.15, a P/E/G ratio of 1.35 and a beta of 0.89.
Energizer (NYSE:ENR) last posted its earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.12. Energizer had a return on equity of 274.69% and a net margin of 9.40%. The business had revenue of $573.30 million during the quarter, compared to analyst estimates of $566.50 million. During the same quarter last year, the firm earned $1.51 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. research analysts expect that Energizer Holdings Inc will post 3.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 20th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, February 16th. Energizer’s dividend payout ratio is presently 43.28%.
ILLEGAL ACTIVITY WARNING: “Engineers Gate Manager LP Purchases New Stake in Energizer Holdings Inc (ENR)” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was stolen and republished in violation of United States and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/engineers-gate-manager-lp-buys-new-holdings-in-energizer-holdings-inc-enr.html.
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.
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.