State Board of Administration of Florida Retirement System grew its stake in Energizer Holdings, Inc. (NYSE:ENR) by 0.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,732 shares of the company’s stock after buying an additional 243 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.14% of Energizer Holdings worth $4,261,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Creative Planning grew its stake in Energizer Holdings by 0.4% in the 1st quarter. Creative Planning now owns 1,999 shares of the company’s stock worth $111,000 after buying an additional 7 shares in the last quarter. Acrospire Investment Management LLC purchased a new position in Energizer Holdings in the 1st quarter worth approximately $114,000. IFP Advisors Inc grew its stake in Energizer Holdings by 7.1% in the 2nd quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock worth $125,000 after buying an additional 172 shares in the last quarter. Financial Counselors Inc. purchased a new position in Energizer Holdings in the 1st quarter worth approximately $201,000. Finally, World Asset Management Inc purchased a new position in Energizer Holdings in the 1st quarter worth approximately $221,000. 93.92% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have commented on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $60.00 price target on shares of Energizer Holdings in a research note on Thursday, June 8th. Zacks Investment Research cut shares of Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. BidaskClub cut shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 29th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $54.00 price objective (down previously from $62.00) on shares of Energizer Holdings in a research note on Thursday, July 6th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $55.00 price objective (down previously from $62.00) on shares of Energizer Holdings in a research note on Saturday, July 22nd. One 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. Energizer Holdings currently has a consensus rating of “Hold” and an average target price of $53.88.
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Shares of Energizer Holdings, Inc. (NYSE:ENR) opened at 45.75 on Friday. Energizer Holdings, Inc. has a 52 week low of $41.97 and a 52 week high of $56.37. The stock has a market cap of $2.83 billion, a PE ratio of 15.19 and a beta of 0.58. The stock has a 50 day moving average of $46.30 and a 200-day moving average of $46.30.
Energizer Holdings (NYSE:ENR) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.06. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm had revenue of $372.00 million during the quarter, compared to the consensus estimate of $390.88 million. During the same period in the prior year, the company earned $0.32 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Equities research analysts predict that Energizer Holdings, Inc. will post $2.90 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Monday, August 21st were paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend was Thursday, August 17th. Energizer Holdings’s dividend payout ratio is currently 36.54%.
In related news, CEO Alan R. Hoskins bought 12,112 shares of the business’s stock in a transaction on Monday, August 21st. The stock was acquired at an average cost of $41.28 per share, with a total value of $499,983.36. Following the purchase, the chief executive officer now directly owns 98,887 shares of the company’s stock, valued at $4,082,055.36. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert V. Vitale bought 7,300 shares of the business’s stock in a transaction on Friday, August 4th. The stock was bought at an average cost of $41.61 per share, with a total value of $303,753.00. Following the completion of the purchase, the director now directly owns 2,300 shares in the company, valued at $95,703. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 31,212 shares of company stock valued at $1,297,839. 1.73% of the stock is owned by corporate insiders.
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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