Seizert Capital Partners LLC Boosts Stake in Energizer Holdings, Inc. (NYSE:ENR)

Seizert Capital Partners LLC increased its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 29.0% during the third quarter, HoldingsChannel reports. The fund owned 181,773 shares of the company’s stock after buying an additional 40,891 shares during the period. Seizert Capital Partners LLC’s holdings in Energizer were worth $5,773,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. LSV Asset Management lifted its stake in Energizer by 2.0% in the 2nd quarter. LSV Asset Management now owns 1,606,488 shares of the company’s stock valued at $47,456,000 after buying an additional 31,900 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of Energizer by 5.8% during the first quarter. Gamco Investors INC. ET AL now owns 1,309,920 shares of the company’s stock valued at $38,564,000 after acquiring an additional 71,595 shares during the last quarter. Bank of New York Mellon Corp increased its position in Energizer by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company’s stock worth $29,651,000 after purchasing an additional 15,982 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Energizer by 38.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock valued at $25,778,000 after purchasing an additional 240,402 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Energizer by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock valued at $27,369,000 after purchasing an additional 37,713 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

ENR has been the subject of a number of analyst reports. Barclays boosted their price objective on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Royal Bank of Canada reissued a “sector perform” rating and set a $38.00 price target on shares of Energizer in a research note on Wednesday, August 7th. Evercore ISI lowered their price objective on Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. JPMorgan Chase & Co. increased their target price on Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, October 11th. Finally, Truist Financial raised Energizer from a “hold” rating to a “buy” rating and raised their price target for the stock from $30.00 to $40.00 in a research note on Tuesday, August 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus price target of $35.00.

Energizer Price Performance

ENR stock opened at $33.92 on Friday. The stock has a 50-day moving average price of $31.55 and a two-hundred day moving average price of $30.41. The company has a market cap of $2.44 billion, a PE ratio of 242.30 and a beta of 1.04. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $34.29.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer’s dividend payout ratio (DPR) is presently 857.20%.

Energizer Company 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.