Texas Permanent School Fund lessened its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 9.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 41,058 shares of the company’s stock after selling 4,083 shares during the quarter. Texas Permanent School Fund’s holdings in Energizer were worth $1,970,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Energizer by 0.6% during the second quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock worth $250,740,000 after buying an additional 28,652 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Energizer by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 3,804,646 shares of the company’s stock worth $174,519,000 after buying an additional 299,862 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in Energizer by 11.3% during the third quarter. Neuberger Berman Group LLC now owns 2,993,563 shares of the company’s stock worth $137,854,000 after buying an additional 304,730 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in Energizer by 77.6% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock worth $90,972,000 after buying an additional 863,371 shares during the last quarter. Finally, State Street Corp increased its holdings in Energizer by 1.9% during the second quarter. State Street Corp now owns 1,787,608 shares of the company’s stock worth $85,841,000 after buying an additional 33,625 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

Energizer Holdings Inc (NYSE:ENR) opened at $54.45 on Thursday. The company has a debt-to-equity ratio of 29.02, a current ratio of 1.90 and a quick ratio of 1.39. Energizer Holdings Inc has a 1 year low of $40.64 and a 1 year high of $62.86. The company has a market cap of $3,343.59, a P/E ratio of 18.55, a PEG ratio of 1.41 and a beta of 0.89.

Energizer (NYSE:ENR) last released its quarterly earnings data on Wednesday, January 31st. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.12. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The company had revenue of $573.30 million during the quarter, compared to analyst estimates of $566.50 million. During the same period last year, the business earned $1.51 earnings per share. Energizer’s revenue was up 2.4% compared to the same quarter last year. analysts predict that Energizer Holdings Inc will post 3.39 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Tuesday, February 20th will be given a $0.29 dividend. The ex-dividend date is Friday, February 16th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.13%. Energizer’s dividend payout ratio (DPR) is currently 43.28%.

A number of analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Energizer from a “hold” rating to a “strong-buy” rating and set a $64.00 price objective for the company in a report on Monday. Morgan Stanley raised their price objective on shares of Energizer from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, February 1st. Royal Bank of Canada restated a “buy” rating and set a $65.00 price objective on shares of Energizer in a report on Thursday, February 1st. KeyCorp reiterated a “buy” rating and issued a $64.00 target price (up previously from $55.00) on shares of Energizer in a research note on Wednesday, January 17th. Finally, Citigroup downgraded shares of Energizer from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $52.00 to $64.00 in a research note on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Energizer has an average rating of “Hold” and an average target price of $59.22.

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About Energizer

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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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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