14,071 Shares in Energizer Holdings, Inc. (NYSE:ENR) Acquired by Choreo LLC

Choreo LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the second quarter, according to its most recent filing with the SEC. The fund acquired 14,071 shares of the company’s stock, valued at approximately $413,000.

Other hedge funds have also bought and sold shares of the company. LSV Asset Management grew its position in shares of Energizer by 2.0% during the 2nd quarter. LSV Asset Management now owns 1,606,488 shares of the company’s stock valued at $47,456,000 after purchasing an additional 31,900 shares in the last quarter. Great Lakes Advisors LLC grew its position in shares of Energizer by 0.3% during the 2nd quarter. Great Lakes Advisors LLC now owns 114,502 shares of the company’s stock valued at $3,382,000 after purchasing an additional 382 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of Energizer by 2,650.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after purchasing an additional 4,399 shares in the last quarter. Arizona State Retirement System grew its position in shares of Energizer by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 19,091 shares of the company’s stock valued at $564,000 after purchasing an additional 353 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Energizer by 192.5% during the 2nd quarter. Victory Capital Management Inc. now owns 372,697 shares of the company’s stock valued at $11,009,000 after purchasing an additional 245,285 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. StockNews.com upgraded shares of Energizer from a “hold” rating to a “buy” rating in a research report on Monday. Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and upped their target price for the stock from $30.00 to $40.00 in a research report on Tuesday, August 27th. Evercore ISI lowered their price target on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. JPMorgan Chase & Co. boosted their price target on shares of Energizer from $28.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 7th. Finally, Barclays boosted their price target on shares of Energizer from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $34.38.

Energizer Price Performance

Shares of ENR opened at $28.95 on Tuesday. The stock has a market cap of $2.08 billion, a PE ratio of 24.33 and a beta of 1.04. The company has a debt-to-equity ratio of 26.04, a quick ratio of 1.01 and a current ratio of 1.99. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $36.72. The firm’s 50-day simple moving average is $30.27 and its two-hundred day simple moving average is $29.32.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. Energizer had a net margin of 0.35% and a return on equity of 137.24%. The firm had revenue of $701.40 million for the quarter, compared to analysts’ expectations of $704.86 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The business’s revenue for the quarter was up .3% on a year-over-year basis. Analysts anticipate that Energizer Holdings, Inc. will post 3.27 earnings per share for the current fiscal year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 22nd were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $1.20 annualized dividend and a yield of 4.15%. Energizer’s payout ratio is presently 100.84%.

Energizer 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, 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.