Creative Planning increased its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 30.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,617 shares of the company’s stock after buying an additional 618 shares during the period. Creative Planning’s holdings in Energizer Holdings were worth $126,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its position in shares of Energizer Holdings by 4.2% in the first quarter. Wells Fargo & Company MN now owns 710,196 shares of the company’s stock worth $39,593,000 after buying an additional 28,913 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of Energizer Holdings by 1.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 21,774 shares of the company’s stock worth $1,214,000 after buying an additional 300 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Energizer Holdings by 12.8% in the first quarter. Russell Investments Group Ltd. now owns 200,255 shares of the company’s stock worth $11,163,000 after buying an additional 22,658 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of Energizer Holdings during the first quarter worth about $248,000. Finally, First Mercantile Trust Co. bought a new position in shares of Energizer Holdings during the first quarter worth about $579,000. 92.51% of the stock is currently owned by hedge funds and other institutional investors.
Energizer Holdings, Inc. (ENR) traded up 0.17% during mid-day trading on Monday, hitting $41.72. The company had a trading volume of 254,688 shares. The stock has a market capitalization of $2.58 billion, a PE ratio of 13.85 and a beta of 0.57. The stock has a 50 day moving average price of $46.17 and a 200-day moving average price of $52.42. Energizer Holdings, Inc. has a 1-year low of $40.98 and a 1-year high of $60.07.
Energizer Holdings (NYSE:ENR) last released its quarterly earnings results 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. The company had revenue of $372 million for the quarter, compared to analyst estimates of $390.88 million. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned $0.32 earnings per share. On average, analysts forecast that Energizer Holdings, Inc. will post $2.90 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Monday, August 21st will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $1.10 annualized dividend and a yield of 2.64%. Energizer Holdings’s dividend payout ratio is presently 36.54%.
A number of brokerages have recently issued reports on ENR. Jefferies Group LLC raised their price objective on Energizer Holdings from $54.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, April 19th. Morgan Stanley cut Energizer Holdings from an “overweight” rating to an “equal weight” rating and raised their price objective for the company from $58.00 to $61.00 in a research note on Wednesday, April 19th. They noted that the move was a valuation call. Royal Bank Of Canada cut their target price on Energizer Holdings from $57.00 to $50.00 and set an “outperform” rating on the stock in a research note on Friday, May 5th. Zacks Investment Research cut Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, BidaskClub cut Energizer Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $53.86.
In other news, Director Robert V. Vitale purchased 7,300 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The shares were bought at an average price of $41.61 per share, for a total transaction of $303,753.00. Following the completion of the transaction, the director now owns 2,300 shares in the company, valued at $95,703. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.73% of the stock is currently owned by company insiders.
Energizer Holdings Company 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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