Energizer Holdings, Inc. (NYSE:ENR) Stake Boosted by Russell Investments Group Ltd.
Russell Investments Group Ltd. boosted its position in Energizer Holdings, Inc. (NYSE:ENR) by 63.7% during the second quarter, Holdings Channel reports. The firm owned 327,733 shares of the company’s stock after buying an additional 127,478 shares during the period. Russell Investments Group Ltd.’s holdings in Energizer Holdings were worth $15,737,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Energizer Holdings by 28.2% in the first quarter. Bank of America Corp DE now owns 1,525,675 shares of the company’s stock worth $85,056,000 after buying an additional 336,062 shares during the period. BlackRock Inc. increased its position in shares of Energizer Holdings by 12,028.5% in the first quarter. BlackRock Inc. now owns 5,258,322 shares of the company’s stock worth $293,151,000 after buying an additional 5,214,967 shares during the period. Tudor Investment Corp ET AL purchased a new position in shares of Energizer Holdings during the first quarter worth about $1,168,000. UBS Asset Management Americas Inc. increased its position in shares of Energizer Holdings by 10.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 66,773 shares of the company’s stock worth $2,978,000 after buying an additional 6,445 shares during the period. Finally, Arizona State Retirement System increased its position in shares of Energizer Holdings by 2.1% in the first quarter. Arizona State Retirement System now owns 25,800 shares of the company’s stock worth $1,438,000 after buying an additional 535 shares during the period. Hedge funds and other institutional investors own 91.69% of the company’s stock.
Shares of Energizer Holdings, Inc. (NYSE:ENR) traded down 0.39% during mid-day trading on Thursday, reaching $41.19. 354,972 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $46.64 and a 200 day moving average of $52.55. Energizer Holdings, Inc. has a one year low of $40.98 and a one year high of $60.07. The firm has a market capitalization of $2.55 billion, a P/E ratio of 13.68 and a beta of 0.57.
Energizer Holdings (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.37 by $0.06. The business had revenue of $372 million during the quarter, compared to analyst estimates of $390.88 million. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 earnings per share. On average, analysts forecast that Energizer Holdings, Inc. will post $2.90 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 21st will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.66%. The ex-dividend date is Thursday, August 17th. Energizer Holdings’s dividend payout ratio is currently 36.54%.
ENR has been the topic of a number of recent analyst reports. Deutsche Bank AG restated a “hold” rating and issued a $55.00 price target (down previously from $62.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Royal Bank Of Canada dropped their price target on shares of Energizer Holdings from $57.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, May 5th. Zacks Investment Research upgraded shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Monday, July 10th. BidaskClub downgraded shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, June 29th. Finally, KeyCorp upgraded shares of Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 target price on the stock in a research report on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Energizer Holdings currently has an average rating of “Hold” and an average price target of $53.86.
In other news, Director Robert V. Vitale acquired 7,300 shares of the stock in a transaction on Friday, August 4th. The stock was acquired at an average price of $41.61 per share, with a total value of $303,753.00. Following the completion of the transaction, the director now owns 2,300 shares of the company’s stock, valued at approximately $95,703. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.73% of the company’s stock.
About Energizer Holdings
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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