Stifel Financial Corp Has $654,000 Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Stifel Financial Corp reduced its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 35.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,595 shares of the company’s stock after selling 11,185 shares during the period. Stifel Financial Corp’s holdings in Energizer were worth $654,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Energizer during the third quarter valued at about $39,000. Point72 DIFC Ltd purchased a new stake in Energizer in the 3rd quarter worth approximately $140,000. Point72 Asset Management L.P. bought a new stake in shares of Energizer during the 3rd quarter valued at about $584,000. HighTower Advisors LLC grew its holdings in shares of Energizer by 17.5% during the 3rd quarter. HighTower Advisors LLC now owns 15,144 shares of the company’s stock worth $485,000 after acquiring an additional 2,256 shares during the period. Finally, Holocene Advisors LP lifted its position in Energizer by 103.7% during the 3rd quarter. Holocene Advisors LP now owns 68,732 shares of the company’s stock valued at $2,183,000 after acquiring an additional 34,998 shares during the period. 93.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ENR shares. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $32.00 to $39.00 in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research report on Friday, December 20th. Canaccord Genuity Group increased their target price on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $34.00 to $36.00 in a report on Wednesday, November 20th. Finally, Morgan Stanley lifted their price target on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, November 20th. Seven equities 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.com, the stock has a consensus rating of “Hold” and a consensus target price of $37.63.

Insider Buying and Selling at Energizer

In other news, EVP Robin Vauth sold 4,070 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $38.16, for a total transaction of $155,311.20. Following the completion of the sale, the executive vice president now owns 9,827 shares in the company, valued at approximately $374,998.32. This represents a 29.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total transaction of $108,233.88. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock valued at $334,694 in the last three months. Company insiders own 0.98% of the company’s stock.

Energizer Price Performance

NYSE:ENR opened at $35.59 on Thursday. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.51. 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 has a 50 day simple moving average of $35.26 and a 200-day simple moving average of $31.94. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 68.44 and a beta of 1.06.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Wednesday, November 27th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend was Wednesday, November 27th. Energizer’s payout ratio is currently 230.77%.

About Energizer

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.