Energizer Holdings Inc (NYSE:ENR) was the target of some unusual options trading on Tuesday. Traders acquired 949 call options on the stock. This is an increase of 899% compared to the average daily volume of 95 call options.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 27th. The stock was sold at an average price of $63.00, for a total transaction of $472,500.00. Following the completion of the sale, the vice president now directly owns 2,208 shares of the company’s stock, valued at approximately $139,104. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Gregory T. Kinder sold 3,810 shares of the company’s stock in a transaction that occurred on Thursday, July 26th. The shares were sold at an average price of $65.00, for a total value of $247,650.00. Following the sale, the executive vice president now directly owns 3,811 shares of the company’s stock, valued at $247,715. The disclosure for this sale can be found here. Insiders sold a total of 23,794 shares of company stock valued at $1,532,609 over the last three months. Company insiders own 1.79% of the company’s stock.
Several hedge funds have recently modified their holdings of ENR. Swiss National Bank raised its stake in shares of Energizer by 2.0% during the 1st quarter. Swiss National Bank now owns 107,525 shares of the company’s stock worth $6,406,000 after buying an additional 2,100 shares in the last quarter. State of Wisconsin Investment Board purchased a new position in shares of Energizer during the 1st quarter worth approximately $706,000. Chicago Equity Partners LLC raised its stake in shares of Energizer by 229.0% during the 1st quarter. Chicago Equity Partners LLC now owns 65,465 shares of the company’s stock worth $3,900,000 after buying an additional 45,565 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Energizer by 79.3% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 836,065 shares of the company’s stock worth $49,813,000 after buying an additional 369,746 shares in the last quarter. Finally, Engineers Gate Manager LP grew its holdings in shares of Energizer by 21.1% in the 1st quarter. Engineers Gate Manager LP now owns 52,957 shares of the company’s stock worth $3,155,000 after acquiring an additional 9,244 shares during the period. 96.33% of the stock is owned by institutional investors and hedge funds.
Shares of ENR stock opened at $63.31 on Wednesday. The company has a market cap of $3.62 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 2.32 and a beta of 0.80. Energizer has a 12-month low of $40.64 and a 12-month high of $65.57. The company has a quick ratio of 1.31, a current ratio of 1.82 and a debt-to-equity ratio of 20.43.
Energizer (NYSE:ENR) last issued its earnings results on Wednesday, August 1st. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. The business had revenue of $392.80 million during the quarter, compared to the consensus estimate of $389.13 million. Energizer had a return on equity of 359.49% and a net margin of 6.98%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 EPS. equities research analysts expect that Energizer will post 3.36 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 12th. Stockholders of record on Thursday, August 16th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, August 15th. Energizer’s dividend payout ratio (DPR) is 38.93%.
Several analysts have commented on the company. Zacks Investment Research downgraded Energizer from a “hold” rating to a “sell” rating in a research note on Wednesday, July 11th. Jefferies Financial Group raised Energizer to a “buy” rating and set a $80.00 price objective for the company in a research note on Thursday, July 19th. Deutsche Bank upped their price objective on Energizer from $64.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday, August 16th. ValuEngine raised Energizer from a “hold” rating to a “buy” rating in a research note on Thursday, May 31st. Finally, Citigroup upped their price objective on Energizer from $60.00 to $66.00 and gave the company a “neutral” rating in a research note on Friday, June 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. Energizer presently has a consensus rating of “Hold” and a consensus target price of $68.20.