Amalgamated Bank Decreases Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Amalgamated Bank lowered its stake in Energizer Holdings, Inc. (NYSE:ENR) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,452 shares of the company’s stock after selling 1,120 shares during the quarter. Amalgamated Bank’s holdings in Energizer were worth $618,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ENR. US Bancorp DE raised its position in shares of Energizer by 1.6% during the 3rd quarter. US Bancorp DE now owns 19,593 shares of the company’s stock valued at $622,000 after buying an additional 308 shares in the last quarter. Capital Insight Partners LLC raised its position in shares of Energizer by 2.5% during the 2nd quarter. Capital Insight Partners LLC now owns 13,284 shares of the company’s stock valued at $392,000 after buying an additional 330 shares in the last quarter. Arizona State Retirement System raised 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 buying an additional 353 shares in the last quarter. Great Lakes Advisors LLC raised 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 buying an additional 382 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its holdings in Energizer by 1.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 33,600 shares of the company’s stock valued at $993,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Friday, October 11th. 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 note on Tuesday, August 27th. Evercore ISI dropped their target price on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. JPMorgan Chase & Co. upped their target price on shares of Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, October 11th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $35.00.

Energizer Price Performance

Shares of NYSE ENR opened at $33.92 on Friday. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $34.29. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 242.30 and a beta of 1.04. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. The business has a 50 day simple moving average of $31.55 and a 200-day simple moving average of $30.40.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is presently 857.20%.

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, 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.