Deutsche Bank AG restated their hold rating on shares of Energizer Holdings, Inc. (NYSE:ENR) in a research note issued to investors on Saturday, July 22nd. They currently have a $55.00 price objective on the stock, down from their previous price objective of $62.00.
Several other research firms have also recently weighed in on ENR. Zacks Investment Research cut Energizer Holdings from a buy rating to a hold rating in a research note on Tuesday, June 20th. Jefferies Group LLC increased their price target on Energizer Holdings from $54.00 to $60.00 and gave the company a hold rating in a research note on Wednesday, April 19th. Royal Bank Of Canada reiterated a buy rating on shares of Energizer Holdings in a research note on Tuesday, July 18th. Finally, BidaskClub lowered Energizer Holdings from a sell rating to a strong sell rating in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $53.86.
Shares of Energizer Holdings (ENR) traded down 1.03% during mid-day trading on Friday, hitting $41.33. The stock had a trading volume of 898,099 shares. Energizer Holdings has a one year low of $40.98 and a one year high of $60.07. The company has a 50-day moving average of $45.12 and a 200 day moving average of $52.11. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 13.72 and a beta of 0.57.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.06. The business had revenue of $372 million for the quarter, compared to the consensus estimate of $390.88 million. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.32 earnings per share. On average, equities research analysts forecast that Energizer Holdings will post $2.90 earnings per share for the current year.
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The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $1.10 dividend on an annualized basis and a yield of 2.66%. Energizer Holdings’s dividend payout ratio (DPR) is currently 36.54%.
In other news, Director Robert V. Vitale bought 7,300 shares of the company’s stock in a transaction on Friday, August 4th. The shares were purchased at an average price of $41.61 per share, with a total value of $303,753.00. Following the transaction, the director now directly owns 2,300 shares in the company, valued at $95,703. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 1.73% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the company. First Quadrant L P CA increased its stake in Energizer Holdings by 139.1% in the first quarter. First Quadrant L P CA now owns 103,422 shares of the company’s stock valued at $5,766,000 after buying an additional 60,166 shares in the last quarter. Glen Harbor Capital Management LLC increased its position in shares of Energizer Holdings by 69.1% in the first quarter. Glen Harbor Capital Management LLC now owns 21,448 shares of the company’s stock valued at $1,196,000 after buying an additional 8,764 shares during the period. Columbus Circle Investors purchased a new position in shares of Energizer Holdings during the first quarter valued at approximately $39,949,000. Louisiana State Employees Retirement System increased its position in shares of Energizer Holdings by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 15,600 shares of the company’s stock valued at $870,000 after buying an additional 300 shares during the period. Finally, Fox Run Management L.L.C. purchased a new position in shares of Energizer Holdings during the first quarter valued at approximately $290,000. Institutional investors own 92.51% of the company’s stock.
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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