61,253 Shares in Energizer Holdings, Inc. $ENR Purchased by Penn Capital Management Company LLC

Penn Capital Management Company LLC purchased a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 61,253 shares of the company’s stock, valued at approximately $1,310,000. Penn Capital Management Company LLC owned 0.09% of Energizer at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in Energizer by 907.5% in the third quarter. Parallel Advisors LLC now owns 1,874 shares of the company’s stock valued at $40,000 after buying an additional 1,688 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of Energizer by 4.3% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 12,058 shares of the company’s stock worth $258,000 after acquiring an additional 499 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of Energizer by 7.9% during the 3rd quarter. North Star Investment Management Corp. now owns 157,050 shares of the company’s stock worth $3,359,000 after acquiring an additional 11,500 shares in the last quarter. Sterling Capital Management LLC boosted its stake in shares of Energizer by 385.6% during the 3rd quarter. Sterling Capital Management LLC now owns 1,918 shares of the company’s stock worth $41,000 after acquiring an additional 1,523 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of Energizer by 169.3% in the 3rd quarter. IFP Advisors Inc now owns 1,605 shares of the company’s stock worth $34,000 after acquiring an additional 1,009 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Performance

NYSE ENR opened at $24.82 on Wednesday. The business’s 50-day moving average price is $22.06 and its 200 day moving average price is $20.55. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer Holdings, Inc. has a twelve month low of $15.75 and a twelve month high of $25.83. The company has a market capitalization of $1.70 billion, a PE ratio of 21.03 and a beta of 0.83.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Tuesday, November 24th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, November 24th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.8%. Energizer’s dividend payout ratio is currently 101.69%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Morgan Stanley restated a “negative” rating and issued a $21.00 price target on shares of Energizer in a research report on Tuesday, August 4th. Weiss Ratings raised shares of Energizer from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 23rd. Canaccord Genuity Group lowered their price target on shares of Energizer from $18.00 to $17.00 and set a “hold” rating for the company in a report on Friday, October 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Barclays upped their price objective on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Energizer has an average rating of “Reduce” and an average price target of $21.50.

Energizer Company Profile

Energizer Holdings, Inc. develops, manufactures and markets batteries, portable lighting and automotive care products. Its battery offerings include alkaline, lithium, rechargeable and specialty batteries for consumer and commercial uses. The company sells products under brands including Energizer, Eveready and Rayovac. Its automotive care portfolio includes Armor All, STP and A/C Pro products, such as cleaners, protectants and vehicle maintenance items. Headquartered in St. Louis, Missouri, Energizer serves customers in North America and international markets through retail, e-commerce and other sales channels.