Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 38,006 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was bought at an average cost of $18.21 per share, for a total transaction of $692,089.26. Following the completion of the purchase, the insider owned 7,200,000 shares of the company’s stock, valued at $131,112,000. This trade represents a 0.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Thursday, May 21st, Aqua Capital, Ltd. acquired 43,380 shares of Energizer stock. The stock was bought at an average cost of $16.81 per share, for a total transaction of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The stock was bought at an average cost of $16.18 per share, for a total transaction of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. acquired 4,200 shares of Energizer stock. The stock was bought at an average cost of $18.85 per share, for a total transaction of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. acquired 1,643 shares of Energizer stock. The stock was bought at an average cost of $18.90 per share, for a total transaction of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. acquired 14,372 shares of Energizer stock. The stock was bought at an average cost of $17.47 per share, for a total transaction of $251,078.84.
Energizer Price Performance
Energizer stock opened at $18.56 on Thursday. The stock’s 50 day moving average is $18.10 and its 200 day moving average is $19.44. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The firm has a market cap of $1.27 billion, a P/E ratio of 6.80 and a beta of 0.78. Energizer Holdings, Inc. has a one year low of $15.75 and a one year high of $30.29.
Energizer Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Wednesday, May 20th. Energizer’s payout ratio is presently 43.96%.
Institutional Investors Weigh In On Energizer
A number of hedge funds have recently added to or reduced their stakes in ENR. AQR Capital Management LLC grew its stake in Energizer by 20.0% in the first quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock valued at $3,220,000 after acquiring an additional 18,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Energizer by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after acquiring an additional 1,857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Energizer by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock valued at $5,299,000 after acquiring an additional 13,216 shares during the period. Norges Bank bought a new position in shares of Energizer in the second quarter valued at approximately $387,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Energizer in the second quarter valued at approximately $586,000. Institutional investors and hedge funds own 93.74% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. UBS Group lifted their target price on Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. lowered their target price on Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Evercore set a $28.00 target price on Energizer in a report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $23.14.
View Our Latest Stock Analysis on Energizer
Energizer Company Profile
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
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