BlackRock Inc. boosted its position in shares of Energizer Holdings Inc (NYSE:ENR) by 0.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,329,302 shares of the company’s stock after acquiring an additional 15,326 shares during the period. BlackRock Inc. owned about 8.92% of Energizer worth $335,535,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENR. Swiss National Bank lifted its stake in shares of Energizer by 2.0% in the 1st quarter. Swiss National Bank now owns 107,525 shares of the company’s stock valued at $6,406,000 after purchasing an additional 2,100 shares during the period. State of Wisconsin Investment Board acquired a new position in shares of Energizer in the 1st quarter valued at about $706,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Energizer by 79.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 836,065 shares of the company’s stock valued at $49,813,000 after purchasing an additional 369,746 shares during the period. Aperio Group LLC lifted its stake in shares of Energizer by 9.1% in the 1st quarter. Aperio Group LLC now owns 31,365 shares of the company’s stock valued at $1,869,000 after purchasing an additional 2,623 shares during the period. Finally, Stevens Capital Management LP lifted its stake in shares of Energizer by 52.7% in the 1st quarter. Stevens Capital Management LP now owns 46,025 shares of the company’s stock valued at $2,742,000 after purchasing an additional 15,884 shares during the period. Institutional investors own 96.32% of the company’s stock.
ENR has been the topic of a number of recent analyst reports. TheStreet raised Energizer from a “c” rating to a “b-” rating in a research note on Monday, June 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a $70.00 price target on shares of Energizer in a research note on Thursday, June 14th. Zacks Investment Research downgraded Energizer from a “hold” rating to a “sell” rating in a research note on Monday, June 18th. ValuEngine raised Energizer from a “hold” rating to a “buy” rating in a research note on Tuesday, June 26th. Finally, Citigroup upped their price target on Energizer from $60.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday, June 29th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. Energizer currently has an average rating of “Hold” and an average target price of $68.20.
In other Energizer news, EVP Gregory T. Kinder sold 3,810 shares of the stock in a transaction on Thursday, July 26th. The stock was sold at an average price of $65.00, for a total transaction of $247,650.00. Following the completion of the transaction, the executive vice president now directly owns 3,811 shares of the company’s stock, valued at $247,715. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Mark Stephen Lavigne sold 12,484 shares of the stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $65.08, for a total value of $812,458.72. Following the transaction, the vice president now directly owns 22,394 shares of the company’s stock, valued at $1,457,401.52. The disclosure for this sale can be found here. 1.79% of the stock is currently owned by corporate insiders.
Shares of Energizer stock traded up $0.94 on Friday, hitting $58.59. The company had a trading volume of 702,126 shares, compared to its average volume of 708,944. The company has a market cap of $3.51 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 2.25 and a beta of 0.81. 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 Holdings Inc has a 1 year low of $40.64 and a 1 year high of $65.57.
Energizer (NYSE:ENR) last released its earnings results on Wednesday, August 1st. The company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $392.80 million during the quarter, compared to analyst estimates of $389.13 million. Energizer had a return on equity of 359.49% and a net margin of 6.98%. Energizer’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share. As a group, research analysts anticipate that Energizer Holdings Inc will post 3.36 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 12th. Shareholders of record on Thursday, August 16th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.98%. The ex-dividend date was Wednesday, August 15th. Energizer’s dividend payout ratio (DPR) is 38.93%.