AlphaQuest LLC Purchases 29,554 Shares of Energizer Holdings, Inc. (NYSE:ENR)

AlphaQuest LLC boosted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 160.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,023 shares of the company's stock after buying an additional 29,554 shares during the period. AlphaQuest LLC owned approximately 0.07% of Energizer worth $1,676,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Amundi boosted its stake in Energizer by 42.2% during the fourth quarter. Amundi now owns 50,926 shares of the company's stock valued at $1,823,000 after buying an additional 15,106 shares during the period. Inceptionr LLC boosted its stake in Energizer by 29.0% during the fourth quarter. Inceptionr LLC now owns 19,700 shares of the company's stock valued at $687,000 after buying an additional 4,424 shares during the period. Raymond James Financial Inc. bought a new stake in Energizer during the fourth quarter valued at $11,718,000. Proficio Capital Partners LLC bought a new stake in Energizer during the fourth quarter valued at $411,000. Finally, NewSquare Capital LLC bought a new stake in Energizer during the fourth quarter valued at $3,783,000. Institutional investors own 93.74% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Morgan Stanley lifted their price objective on Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 20th. Barclays lowered Energizer from an "overweight" rating to an "equal weight" rating and lifted their price target for the stock from $34.00 to $36.00 in a research note on Wednesday, November 20th. Canaccord Genuity Group lifted their price target on Energizer from $32.00 to $36.00 and gave the stock a "hold" rating in a research note on Wednesday, November 20th. StockNews.com lowered Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Finally, Truist Financial lifted their price target on Energizer from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Energizer currently has a consensus rating of "Hold" and a consensus price target of $38.38.

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Energizer Trading Up 0.5 %

Shares of ENR traded up $0.14 during trading hours on Monday, hitting $31.19. The company had a trading volume of 801,188 shares, compared to its average volume of 602,224. The firm has a market cap of $2.25 billion, a P/E ratio of 39.48 and a beta of 1.09. The stock's 50 day moving average price is $32.98 and its 200 day moving average price is $33.23. 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 Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $39.51.

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

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 3.85%. Energizer's dividend payout ratio is presently 151.90%.

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.