Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 40,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was purchased at an average cost of $20.81 per share, for a total transaction of $832,400.00. Following the completion of the acquisition, the insider directly owned 7,380,000 shares of the company’s stock, valued at approximately $153,577,800. This trade represents a 0.54% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Monday, June 22nd, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were purchased at an average cost of $21.10 per share, with a total value of $844,000.00.
- On Thursday, June 18th, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The stock was purchased at an average price of $21.54 per share, for a total transaction of $861,600.00.
- On Wednesday, June 3rd, Aqua Capital, Ltd. purchased 35,686 shares of Energizer stock. The stock was acquired at an average price of $18.44 per share, for a total transaction of $658,049.84.
- On Monday, June 1st, Aqua Capital, Ltd. purchased 38,006 shares of Energizer stock. The shares were acquired at an average cost of $18.21 per share, with a total value of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. acquired 43,380 shares of Energizer stock. The shares were acquired at an average price of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The stock was acquired 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 acquired 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 acquired at an average price of $18.90 per share, for a total transaction of $31,052.70.
Energizer Trading Up 0.9%
Shares of Energizer stock opened at $20.26 on Friday. The stock has a market cap of $1.39 billion, a PE ratio of 7.42 and a beta of 0.75. The firm has a fifty day moving average price of $19.44 and a 200 day moving average price of $19.74. Energizer Holdings, Inc. has a 1 year low of $15.75 and a 1 year high of $30.29. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03.
Energizer Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Energizer’s dividend payout ratio (DPR) is 43.96%.
Wall Street Analysts Forecast Growth
ENR has been the subject of a number of analyst reports. Canaccord Genuity Group decreased their price target on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Barclays cut their target price on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. JPMorgan Chase & Co. lowered their price target on shares of Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, UBS Group raised their price target on shares of Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Energizer presently has an average rating of “Hold” and a consensus target price of $23.14.
Read Our Latest Stock Report on Energizer
Institutional Trading of Energizer
Several institutional investors have recently bought and sold shares of ENR. AQR Capital Management LLC raised its stake in shares of Energizer by 20.0% during the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after buying an additional 18,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Energizer by 4.5% in the 1st 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 1st 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 purchased a new stake in Energizer in the 2nd quarter worth $387,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Energizer during the second quarter worth $586,000. 93.74% of the stock is owned by institutional investors and hedge funds.
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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