Voya Investment Management LLC trimmed its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 11.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,390 shares of the company’s stock after selling 14,107 shares during the period. Voya Investment Management LLC owned about 0.17% of Energizer Holdings worth $5,109,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of Energizer Holdings by 29.7% during the second quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock valued at $327,486,000 after purchasing an additional 1,561,447 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Energizer Holdings by 0.6% during the second quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock valued at $250,740,000 after purchasing an additional 28,652 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in shares of Energizer Holdings by 10.0% during the second quarter. Neuberger Berman Group LLC now owns 2,688,833 shares of the company’s stock valued at $129,118,000 after purchasing an additional 244,332 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Energizer Holdings by 28.2% during the first quarter. Bank of America Corp DE now owns 1,525,675 shares of the company’s stock valued at $85,056,000 after purchasing an additional 336,062 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Energizer Holdings by 10.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,181,799 shares of the company’s stock valued at $56,751,000 after buying an additional 107,707 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.
Shares of Energizer Holdings, Inc. (NYSE ENR) opened at 46.39 on Thursday. Energizer Holdings, Inc. has a 52 week low of $40.98 and a 52 week high of $60.07. The company has a market cap of $2.87 billion, a P/E ratio of 15.40 and a beta of 0.60. The company’s 50-day moving average price is $46.13 and its 200 day moving average price is $46.13.
Energizer Holdings (NYSE:ENR) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06. The firm had revenue of $372.00 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 business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 earnings per share. On average, equities analysts forecast that Energizer Holdings, Inc. will post $2.91 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st were issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date was Thursday, August 17th. Energizer Holdings’s dividend payout ratio is presently 36.54%.
In related news, CFO Timothy W. Gorman purchased 6,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average cost of $42.26 per share, for a total transaction of $266,238.00. Following the completion of the purchase, the chief financial officer now owns 20,974 shares in the company, valued at approximately $886,361.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Timothy W. Gorman purchased 5,500 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was bought at an average price of $41.43 per share, with a total value of $227,865.00. Following the completion of the purchase, the chief financial officer now owns 14,674 shares of the company’s stock, valued at approximately $607,943.82. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 31,212 shares of company stock valued at $1,297,839. Corporate insiders own 1.73% of the company’s stock.
Several research firms recently weighed in on ENR. UBS AG reissued a “neutral” rating and set a $47.00 price target (down from $49.00) on shares of Energizer Holdings in a research report on Wednesday, August 9th. Jefferies Group LLC reissued a “hold” rating and set a $54.00 price target (down from $62.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $60.00 price target on shares of Energizer Holdings in a research report on Wednesday, August 16th. KeyCorp raised Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 price target on the stock in a research report on Tuesday, July 18th. Finally, Zacks Investment Research lowered Energizer Holdings from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $53.88.
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About Energizer Holdings
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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