Natixis Advisors LLC Purchases New Stake in Energizer Holdings, Inc. (NYSE:ENR)

Natixis Advisors LLC acquired a new position in Energizer Holdings, Inc. (NYSE:ENR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,467 shares of the company’s stock, valued at approximately $332,000.

Several other institutional investors have also added to or reduced their stakes in ENR. Clearstead Trust LLC grew its position in shares of Energizer by 307.1% in the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock worth $32,000 after buying an additional 820 shares during the period. Canada Pension Plan Investment Board purchased a new position in Energizer during the second quarter valued at approximately $65,000. Cullen Frost Bankers Inc. lifted its holdings in shares of Energizer by 2,650.0% in the second quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock worth $135,000 after buying an additional 4,399 shares in the last quarter. Algert Global LLC purchased a new position in shares of Energizer in the second quarter worth $203,000. Finally, Welch Group LLC purchased a new position in shares of Energizer in the second quarter worth $207,000. 93.74% of the stock is currently owned by institutional investors.

Energizer Trading Up 0.3 %

Shares of NYSE:ENR opened at $38.26 on Friday. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.21. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 73.58 and a beta of 1.04. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. The business’s 50 day moving average price is $32.92 and its 200-day moving average price is $30.88.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.14%. Energizer’s dividend payout ratio (DPR) is 230.77%.

Insider Buying and Selling at Energizer

In related news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now directly owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Robin Vauth sold 4,070 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the completion of the transaction, the executive vice president now directly owns 9,827 shares in the company, valued at $374,998.32. The trade was a 29.29 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,860 shares of company stock worth $334,694. Corporate insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ENR. Morgan Stanley boosted their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Evercore ISI lowered their price objective 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. Canaccord Genuity Group increased their price target on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Energizer from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a report on Wednesday, August 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $37.63.

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.