Energizer (NYSE:ENR) Upgraded at StockNews.com

Energizer (NYSE:ENR) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Monday.

Other equities analysts have also recently issued reports about the company. Canaccord Genuity Group upped their price objective on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Morgan Stanley upped their price objective on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 20th. Truist Financial lifted their target price on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. lowered their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, UBS Group lowered their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Energizer has a consensus rating of “Hold” and an average target price of $38.38.

Energizer Stock Performance

Shares of Energizer stock traded down $0.04 during trading hours on Monday, hitting $33.95. 674,190 shares of the company’s stock traded hands, compared to its average volume of 523,009. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 65.29 and a beta of 1.06. Energizer has a 12-month low of $26.92 and a 12-month high of $39.51. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. The company has a fifty day simple moving average of $35.83 and a 200-day simple moving average of $33.05.

Insider Buying and Selling at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Robin Vauth sold 1,978 shares of Energizer stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares of the company’s stock, valued at $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,860 shares of company stock worth $334,694 over the last ninety days. Company insiders own 0.98% of the company’s stock.

Institutional Trading of Energizer

A number of hedge funds have recently bought and sold shares of ENR. GAMMA Investing LLC boosted its position in shares of Energizer by 86.4% in the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in Energizer in the third quarter worth about $30,000. Quarry LP acquired a new position in shares of Energizer during the third quarter valued at about $39,000. Prospera Private Wealth LLC purchased a new position in shares of Energizer in the 3rd quarter valued at approximately $42,000. Finally, Central Pacific Bank Trust Division boosted its stake in Energizer by 750.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock worth $59,000 after purchasing an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

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.