Energizer Holdings, Inc. (ENR) Holdings Reduced by CNH Partners LLC

CNH Partners LLC cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 17.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 380,471 shares of the company’s stock after selling 78,793 shares during the quarter. CNH Partners LLC owned approximately 0.61% of Energizer Holdings worth $18,270,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Alps Advisors Inc. raised its holdings in Energizer Holdings by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after acquiring an additional 22 shares during the period. Advisor Group Inc. raised its holdings in Energizer Holdings by 1.3% during the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after acquiring an additional 50 shares during the period. Synovus Financial Corp raised its holdings in Energizer Holdings by 1.7% during the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock valued at $243,000 after acquiring an additional 85 shares during the period. Teacher Retirement System of Texas raised its holdings in Energizer Holdings by 3.0% during the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after acquiring an additional 144 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Energizer Holdings by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after acquiring an additional 169 shares during the period. 93.92% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have commented on ENR shares. Deutsche Bank AG reissued a “hold” rating and set a $55.00 price target (down from $62.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Monday, July 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $60.00 price target on shares of Energizer Holdings in a report on Wednesday, August 16th. Citigroup Inc. reissued a “buy” rating and set a $54.00 price target on shares of Energizer Holdings in a report on Wednesday, August 23rd. Finally, BidaskClub cut Energizer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Energizer Holdings presently has an average rating of “Hold” and an average price target of $53.88.

In related news, CFO Timothy W. Gorman purchased 5,500 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average price of $41.43 per share, for a total transaction of $227,865.00. Following the transaction, the chief financial officer now directly owns 14,674 shares in the company, valued at $607,943.82. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Timothy W. Gorman purchased 6,300 shares of Energizer Holdings stock in a transaction that occurred on Tuesday, August 22nd. The shares were bought at an average price of $42.26 per share, with a total value of $266,238.00. Following the transaction, the chief financial officer now owns 20,974 shares in the company, valued at $886,361.24. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 31,212 shares of company stock valued at $1,297,839. Insiders own 1.73% of the company’s stock.

Energizer Holdings, Inc. (NYSE ENR) traded down 0.04% during midday trading on Friday, reaching $46.37. The company’s stock had a trading volume of 382,377 shares. The stock’s 50 day moving average price is $46.13 and its 200-day moving average price is $46.13. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 15.40 and a beta of 0.60. Energizer Holdings, Inc. has a one year low of $41.97 and a one year high of $56.37.

Energizer Holdings (NYSE:ENR) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The firm had revenue of $372.00 million during the quarter, compared to the consensus estimate of $390.88 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts forecast that Energizer Holdings, Inc. will post $2.91 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Monday, August 21st were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.37%. Energizer Holdings’s dividend payout ratio (DPR) is presently 36.54%.

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Energizer Holdings Profile

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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Institutional Ownership by Quarter for Energizer Holdings (NYSE:ENR)

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