Seizert Capital Partners LLC increased its stake in Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 2.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 181,211 shares of the company’s stock after purchasing an additional 4,035 shares during the quarter. Seizert Capital Partners LLC’s holdings in Energizer were worth $3,653,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in ENR. Vanguard Group Inc. raised its position in Energizer by 1.8% during the first quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock worth $281,906,000 after acquiring an additional 170,017 shares in the last quarter. Clarkston Capital Partners LLC increased its stake in shares of Energizer by 3.2% during the 1st quarter. Clarkston Capital Partners LLC now owns 4,205,935 shares of the company’s stock worth $125,842,000 after purchasing an additional 128,730 shares during the last quarter. LSV Asset Management raised its holdings in shares of Energizer by 18.6% in the 2nd quarter. LSV Asset Management now owns 2,761,148 shares of the company’s stock valued at $55,665,000 after purchasing an additional 433,324 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in Energizer by 58.8% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock valued at $62,658,000 after purchasing an additional 775,221 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its holdings in Energizer by 1.9% during the first quarter. Gamco Investors INC. ET AL now owns 1,407,793 shares of the company’s stock worth $42,121,000 after purchasing an additional 26,454 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.
Energizer Stock Performance
ENR opened at $19.48 on Wednesday. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. The business has a fifty day simple moving average of $25.14 and a 200 day simple moving average of $24.42. Energizer Holdings, Inc. has a 1 year low of $17.65 and a 1 year high of $39.51. The company has a market capitalization of $1.33 billion, a PE ratio of 5.61 and a beta of 0.63.
Energizer Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, November 25th. Energizer’s dividend payout ratio is presently 34.58%.
Analyst Upgrades and Downgrades
ENR has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, October 23rd. Barclays boosted their target price on Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Energizer in a research note on Tuesday, October 14th. UBS Group reduced their price objective on shares of Energizer from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Finally, Morgan Stanley dropped their price objective on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $29.00.
Read Our Latest Stock Report on Energizer
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.
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