Victory Capital Management Inc. Has $11.60 Million Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Victory Capital Management Inc. decreased its stake in Energizer Holdings, Inc. (NYSE:ENR) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 365,220 shares of the company’s stock after selling 7,477 shares during the period. Victory Capital Management Inc. owned 0.51% of Energizer worth $11,599,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC boosted its position in shares of Energizer by 307.1% during the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock valued at $32,000 after purchasing an additional 820 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Energizer during the 2nd quarter valued at about $65,000. SG Americas Securities LLC boosted its position in shares of Energizer by 27.7% during the 1st quarter. SG Americas Securities LLC now owns 4,238 shares of the company’s stock valued at $125,000 after purchasing an additional 919 shares in the last quarter. Cullen Frost Bankers Inc. boosted 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. Finally, Algert Global LLC bought a new stake in shares of Energizer during the 2nd quarter valued at about $203,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ENR shares. Morgan Stanley increased their price target on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday. Barclays lowered Energizer from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $34.00 to $36.00 in a report on Wednesday. Evercore ISI dropped their target price on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. JPMorgan Chase & Co. raised Energizer from an “underweight” rating to a “neutral” rating and increased their price target for the company from $32.00 to $39.00 in a research report on Wednesday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 price target on shares of Energizer in a research report on Wednesday, August 7th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $37.63.

Insider Activity

In related news, EVP Robin Vauth sold 1,978 shares of Energizer stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares of the company’s stock, valued at approximately $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.77% of the stock is owned by company insiders.

Energizer Stock Performance

NYSE:ENR opened at $37.67 on Thursday. The company has a market capitalization of $2.70 billion, a P/E ratio of 269.09 and a beta of 1.04. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.21. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. The business has a fifty day simple moving average of $31.99 and a two-hundred day simple moving average of $30.57.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio (DPR) 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.