Energizer Holdings Inc (NYSE:ENR) CFO Timothy W. Gorman bought 10,000 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was acquired at an average cost of $45.64 per share, with a total value of $456,400.00. Following the transaction, the chief financial officer now owns 38,110 shares of the company’s stock, valued at $1,739,340.40. The purchase was disclosed in a filing with the SEC, which is available at this link.

Shares of NYSE:ENR opened at $46.00 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.56 and a debt-to-equity ratio of 39.84. Energizer Holdings Inc has a 1 year low of $44.49 and a 1 year high of $65.57. The firm has a market cap of $2.75 billion, a P/E ratio of 13.69, a PEG ratio of 2.47 and a beta of 0.63.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Thursday, November 15th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.02. Energizer had a return on equity of 549.70% and a net margin of 5.20%. The business had revenue of $457.20 million during the quarter, compared to analyst estimates of $459.64 million. During the same period last year, the company earned $0.54 earnings per share. Energizer’s quarterly revenue was down 1.7% compared to the same quarter last year. Analysts anticipate that Energizer Holdings Inc will post 3.43 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Friday, November 30th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.61%. This is a positive change from Energizer’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, November 29th. Energizer’s dividend payout ratio (DPR) is currently 35.61%.

Large investors have recently made changes to their positions in the stock. Point72 Hong Kong Ltd bought a new position in Energizer during the third quarter valued at about $100,000. Advisory Services Network LLC raised its holdings in Energizer by 443.8% during the second quarter. Advisory Services Network LLC now owns 1,974 shares of the company’s stock valued at $128,000 after buying an additional 1,611 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in Energizer during the second quarter valued at about $129,000. Fortis Advisors LLC bought a new position in Energizer during the second quarter valued at about $137,000. Finally, Texas Yale Capital Corp. bought a new position in Energizer during the second quarter valued at about $202,000. Institutional investors and hedge funds own 93.12% of the company’s stock.

Several analysts have recently commented on the company. Bank of America reaffirmed an “underperform” rating and issued a $45.00 target price (down previously from $50.00) on shares of Energizer in a research report on Thursday. Zacks Investment Research raised Energizer from a “sell” rating to a “hold” rating in a research report on Friday, November 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $68.00 target price on shares of Energizer in a research report on Wednesday, November 28th. ValuEngine cut Energizer from a “hold” rating to a “sell” rating in a research report on Tuesday, November 27th. Finally, Royal Bank of Canada raised their target price on Energizer to $70.00 and gave the stock an “outperform” rating in a research report on Monday, November 26th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $62.10.

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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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.

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