Energizer Holdings, Inc. (NYSE:ENR) Stock Holdings Lifted by Cerity Partners LLC

Cerity Partners LLC lifted its position in Energizer Holdings, Inc. (NYSE:ENR) by 23.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,081 shares of the company’s stock after acquiring an additional 13,876 shares during the period. Cerity Partners LLC owned about 0.10% of Energizer worth $2,353,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC grew its position in Energizer by 307.1% during the second 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. Prospera Private Wealth LLC purchased a new position in Energizer during the third quarter valued at approximately $42,000. Avior Wealth Management LLC grew its position in Energizer by 22.4% during the third quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock valued at $65,000 after purchasing an additional 376 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in Energizer during the second quarter valued at approximately $65,000. Finally, Cullen Frost Bankers Inc. grew its position in Energizer by 2,650.0% during the second 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. 93.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ENR has been the topic of a number of research analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 price objective on shares of Energizer in a research report on Wednesday, August 7th. Morgan Stanley boosted their price objective on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $32.00 to $39.00 in a research note on Wednesday, November 20th. Truist Financial lifted their target price on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Barclays cut shares of Energizer from an “overweight” rating to an “equal weight” rating and lifted their target price for the company from $34.00 to $36.00 in a research note on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Energizer currently has an average rating of “Hold” and a consensus price target of $37.63.

Insider Transactions at Energizer

In related news, EVP Robin Vauth sold 1,978 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the transaction, the executive vice president now directly owns 5,758 shares in the company, valued at $207,115.26. This represents a 25.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Sara B. Hampton sold 2,812 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,860 shares of company stock worth $334,694. 0.77% of the stock is owned by insiders.

Energizer Price Performance

Shares of Energizer stock opened at $38.11 on Monday. The firm has a fifty day simple moving average of $33.28 and a 200-day simple moving average of $30.99. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.21. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of 73.29 and a beta of 1.04.

Energizer Announces Dividend

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 3.15%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer’s payout ratio is 230.77%.

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.