Sanctuary Advisors LLC Increases Stake in Energizer Holdings, Inc. (NYSE:ENR)

Sanctuary Advisors LLC raised its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,800 shares of the company’s stock after buying an additional 392 shares during the quarter. Sanctuary Advisors LLC’s holdings in Energizer were worth $335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in ENR. GAMMA Investing LLC grew its holdings in Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock valued at $27,000 after buying an additional 356 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in Energizer during the 3rd quarter valued at approximately $30,000. Quarry LP bought a new position in shares of Energizer during the 3rd quarter valued at approximately $39,000. Prospera Private Wealth LLC bought a new position in shares of Energizer during the 3rd quarter valued at approximately $42,000. Finally, Central Pacific Bank Trust Division boosted its position in shares of Energizer by 750.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock valued at $59,000 after acquiring an additional 1,500 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ENR shares. Truist Financial increased their target price on Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. UBS Group lowered their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research report on Thursday, January 30th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, Morgan Stanley increased their target price on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Seven investment 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 an average target price of $38.38.

Energizer Stock Down 2.2 %

Shares of ENR opened at $30.06 on Tuesday. The company has a market cap of $2.17 billion, a PE ratio of 38.05 and a beta of 1.06. The business has a fifty day moving average of $33.50 and a 200 day moving average of $33.20. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $39.51. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. During the same period last year, the company earned $0.59 earnings per share. Energizer’s revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.99%. Energizer’s dividend payout ratio (DPR) is 151.90%.

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.