Raymond James Financial Inc. Takes $11.72 Million Position in Energizer Holdings, Inc. (NYSE:ENR)

Raymond James Financial Inc. acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 335,844 shares of the company's stock, valued at approximately $11,718,000. Raymond James Financial Inc. owned approximately 0.47% of Energizer at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its holdings in shares of Energizer by 8.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,023,083 shares of the company's stock worth $35,695,000 after purchasing an additional 80,163 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Energizer by 3.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 965,310 shares of the company's stock worth $33,680,000 after buying an additional 33,739 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Energizer by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 894,373 shares of the company's stock worth $31,204,000 after buying an additional 32,618 shares in the last quarter. Verition Fund Management LLC grew its position in Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company's stock valued at $16,727,000 after acquiring an additional 190,195 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Energizer by 1.5% during the third quarter. Wellington Management Group LLP now owns 483,503 shares of the company's stock worth $15,356,000 after acquiring an additional 7,164 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors.

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Energizer Trading Up 1.0 %

Shares of ENR traded up $0.31 during trading hours on Monday, reaching $29.84. 361,933 shares of the company traded hands, compared to its average volume of 565,484. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.52. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. The company's fifty day moving average price is $32.00 and its two-hundred day moving average price is $33.12. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 37.77 and a beta of 1.09.

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

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were given a $0.30 dividend. The ex-dividend date was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.02%. Energizer's dividend payout ratio (DPR) is presently 151.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. UBS Group cut their price objective on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $38.38.

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.