John J. Drabik Purchases 1,000 Shares of Energizer Holdings, Inc. (NYSE:ENR) Stock

Energizer Holdings, Inc. (NYSE:ENR) EVP John J. Drabik purchased 1,000 shares of the firm’s stock in a transaction dated Friday, May 16th. The stock was acquired at an average cost of $23.86 per share, for a total transaction of $23,860.00. Following the purchase, the executive vice president now owns 47,002 shares in the company, valued at approximately $1,121,467.72. The trade was a 2.17% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Energizer Trading Down 0.2%

NYSE ENR opened at $23.85 on Tuesday. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 30.19 and a beta of 0.77. The firm has a 50 day simple moving average of $26.99 and a 200-day simple moving average of $31.73. Energizer Holdings, Inc. has a one year low of $21.49 and a one year high of $39.52.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.01). The business had revenue of $662.90 million for the quarter, compared to analyst estimates of $670.85 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. Energizer’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 earnings per share. Equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be issued a $0.30 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 5.03%. Energizer’s dividend payout ratio (DPR) is presently 164.38%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ENR shares. Canaccord Genuity Group reduced their price objective on shares of Energizer from $31.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, May 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research note on Thursday, January 30th. Truist Financial decreased their price objective on shares of Energizer from $40.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Barclays increased their price objective on shares of Energizer from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Energizer presently has a consensus rating of “Hold” and a consensus target price of $31.63.

Institutional Investors Weigh In On Energizer

Several large investors have recently bought and sold shares of the stock. Barclays PLC increased its stake in shares of Energizer by 100.9% during the third quarter. Barclays PLC now owns 139,890 shares of the company’s stock worth $4,443,000 after buying an additional 70,254 shares during the period. Ritholtz Wealth Management purchased a new stake in shares of Energizer in the 4th quarter valued at approximately $306,000. Inspire Investing LLC raised its holdings in shares of Energizer by 166.3% in the 4th quarter. Inspire Investing LLC now owns 34,692 shares of the company’s stock valued at $1,210,000 after purchasing an additional 21,667 shares in the last quarter. Vista Investment Partners LLC purchased a new stake in shares of Energizer during the 4th quarter worth $553,000. Finally, KBC Group NV grew its stake in shares of Energizer by 5,308.0% during the fourth quarter. KBC Group NV now owns 89,664 shares of the company’s stock worth $3,128,000 after purchasing an additional 88,006 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.