Vanguard Group Inc. Has $297.12 Million Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Vanguard Group Inc. grew its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,378,622 shares of the company’s stock after buying an additional 79,940 shares during the quarter. Vanguard Group Inc. owned 13.07% of Energizer worth $297,115,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in ENR. Jones Financial Companies Lllp acquired a new position in shares of Energizer in the 3rd quarter valued at $32,000. Quadrant Capital Group LLC increased its position in shares of Energizer by 35.9% during the 4th quarter. Quadrant Capital Group LLC now owns 3,738 shares of the company’s stock worth $118,000 after purchasing an additional 987 shares in the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Energizer during the 4th quarter worth about $215,000. Teacher Retirement System of Texas acquired a new stake in shares of Energizer during the 4th quarter worth about $249,000. Finally, Capital Insight Partners LLC increased its position in shares of Energizer by 11.3% during the 4th quarter. Capital Insight Partners LLC now owns 9,126 shares of the company’s stock worth $289,000 after purchasing an additional 924 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Price Performance

Shares of ENR stock opened at $29.54 on Friday. The firm’s 50 day moving average price is $29.13 and its two-hundred day moving average price is $29.79. The company has a debt-to-equity ratio of 16.86, a quick ratio of 1.04 and a current ratio of 2.03. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $37.32. The stock has a market cap of $2.12 billion, a PE ratio of 24.82 and a beta of 1.01.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Energizer had a return on equity of 119.16% and a net margin of 2.97%. The business had revenue of $663.30 million during the quarter, compared to analysts’ expectations of $664.10 million. During the same period in the previous year, the firm earned $0.64 earnings per share. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, analysts forecast that Energizer Holdings, Inc. will post 3.22 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Wednesday, May 22nd were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.06%. Energizer’s dividend payout ratio (DPR) is presently 100.84%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ENR. Truist Financial dropped their target price on shares of Energizer from $35.00 to $30.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Canaccord Genuity Group dropped their target price on shares of Energizer from $33.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Morgan Stanley upgraded shares of Energizer from an “underweight” rating to an “equal weight” rating and set a $33.00 target price for the company in a research report on Wednesday, May 8th. Barclays lowered their price objective on shares of Energizer from $32.00 to $31.00 and set an “overweight” rating for the company in a research report on Thursday, May 9th. Finally, UBS Group upped their target price on shares of Energizer from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $32.57.

About Energizer

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, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.