Capital Fund Management S.A. bought a new stake in shares of Energizer Holdings Inc (NYSE:ENR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,636 shares of the company’s stock, valued at approximately $702,000.
A number of other large investors have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in Energizer by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,804,646 shares of the company’s stock valued at $174,519,000 after purchasing an additional 299,862 shares during the period. Neuberger Berman Group LLC boosted its stake in Energizer by 11.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,993,563 shares of the company’s stock valued at $137,854,000 after purchasing an additional 304,730 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in Energizer by 77.6% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares during the period. State Street Corp boosted its stake in Energizer by 1.9% during the 2nd quarter. State Street Corp now owns 1,787,608 shares of the company’s stock valued at $85,841,000 after purchasing an additional 33,625 shares during the period. Finally, Gamco Investors INC. ET AL boosted its stake in Energizer by 16.0% during the 3rd quarter. Gamco Investors INC. ET AL now owns 1,553,992 shares of the company’s stock valued at $71,561,000 after purchasing an additional 213,970 shares during the period. Hedge funds and other institutional investors own 97.23% of the company’s stock.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total value of $420,000.00. Following the completion of 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 legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.79% of the company’s stock.
Energizer (NYSE:ENR) last posted its quarterly earnings results on Wednesday, January 31st. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.43 by $0.12. The firm had revenue of $573.30 million during the quarter, compared to analysts’ expectations of $566.50 million. Energizer had a return on equity of 274.69% and a net margin of 9.40%. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.51 EPS. equities research analysts expect that Energizer Holdings Inc will post 3.39 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 20th will be issued a $0.29 dividend. The ex-dividend date is Friday, February 16th. This represents a $1.16 annualized dividend and a yield of 2.14%. Energizer’s dividend payout ratio (DPR) is 43.28%.
Several analysts recently weighed in on the company. Citigroup downgraded Energizer from a “buy” rating to a “neutral” rating and increased their target price for the company from $52.00 to $64.00 in a research note on Wednesday, January 17th. SunTrust Banks increased their target price on Energizer to $70.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. KeyCorp restated a “buy” rating and set a $64.00 target price (up previously from $55.00) on shares of Energizer in a research note on Wednesday, January 17th. Morgan Stanley increased their target price on Energizer from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, February 1st. Finally, Royal Bank of Canada restated a “buy” rating and set a $65.00 target price on shares of Energizer in a research note on Thursday, February 1st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $59.22.
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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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