Eagle Bluffs Wealth Management LLC Increases Position in Energizer Holdings, Inc. (NYSE:ENR)

Eagle Bluffs Wealth Management LLC lifted its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 3.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 50,212 shares of the company’s stock after buying an additional 1,455 shares during the period. Eagle Bluffs Wealth Management LLC owned 0.07% of Energizer worth $1,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. CX Institutional acquired a new position in Energizer during the first quarter worth approximately $33,000. Public Employees Retirement System of Ohio acquired a new position in Energizer during the fourth quarter worth approximately $43,000. Curat Global LLC acquired a new position in Energizer during the first quarter worth approximately $53,000. Central Pacific Bank Trust Division increased its position in Energizer by 29.4% during the first quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company’s stock worth $66,000 after purchasing an additional 500 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in Energizer by 21.6% during the fourth quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company’s stock worth $71,000 after purchasing an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Insider Buying and Selling

In other news, Director Donal L. Mulligan purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 19th. The shares were purchased at an average price of $23.66 per share, with a total value of $236,600.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at approximately $236,600. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Patrick J. Moore purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average cost of $23.10 per share, for a total transaction of $231,000.00. Following the purchase, the director directly owned 15,000 shares in the company, valued at $346,500. This trade represents a 200.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 25,000 shares of company stock valued at $578,140 in the last quarter. Company insiders own 0.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ENR. Canaccord Genuity Group dropped their price target on shares of Energizer from $31.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, May 7th. Truist Financial decreased their target price on Energizer from $40.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Barclays decreased their target price on Energizer from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, July 15th. JPMorgan Chase & Co. boosted their target price on Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday. Finally, UBS Group decreased their target price on Energizer from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday, July 17th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $30.75.

Energizer Price Performance

Energizer stock opened at $24.24 on Monday. Energizer Holdings, Inc. has a 52-week low of $19.70 and a 52-week high of $39.51. The firm has a fifty day moving average of $22.02 and a 200-day moving average of $26.93. The firm has a market capitalization of $1.75 billion, a P/E ratio of 33.20 and a beta of 0.63. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 23.56.

Energizer (NYSE:ENR) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.01). Energizer had a return on equity of 184.22% and a net margin of 1.87%. The business had revenue of $662.90 million during the quarter, compared to analyst estimates of $670.85 million. During the same period in the previous year, the company earned $0.72 EPS. Energizer’s revenue was down .1% on a year-over-year basis. As a group, analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer 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.