American Century Companies Inc. Acquires 14,134 Shares of Energizer Holdings, Inc. (NYSE:ENR)

American Century Companies Inc. grew its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,849 shares of the company's stock after purchasing an additional 14,134 shares during the period. American Century Companies Inc. owned approximately 0.20% of Energizer worth $5,124,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Energizer during the fourth quarter worth about $11,718,000. Wealthfront Advisers LLC bought a new position in shares of Energizer during the fourth quarter valued at approximately $5,545,000. Zacks Investment Management bought a new stake in shares of Energizer during the 3rd quarter valued at about $3,910,000. NewSquare Capital LLC bought a new stake in Energizer during the 4th quarter valued at approximately $3,783,000. Finally, KBC Group NV raised its holdings in Energizer by 5,308.0% in the fourth quarter. KBC Group NV now owns 89,664 shares of the company's stock worth $3,128,000 after purchasing an additional 88,006 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ENR has been the subject of several analyst reports. UBS Group reduced their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $38.00 price target on shares of Energizer in a research report on Thursday, January 30th. StockNews.com lowered shares of Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. cut their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Finally, Barclays lowered their price target on Energizer from $36.00 to $32.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $37.88.

Energizer Price Performance

Shares of NYSE:ENR traded up $1.13 on Wednesday, reaching $27.15. The company's stock had a trading volume of 914,397 shares, compared to its average volume of 599,747. The company has a 50-day simple moving average of $30.20 and a 200 day simple moving average of $32.98. Energizer Holdings, Inc. has a 52-week low of $25.28 and a 52-week high of $39.52. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The company has a market cap of $1.96 billion, a P/E ratio of 34.37 and a beta of 0.92.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.03. The business 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% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 earnings per share. As a group, equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were issued a $0.30 dividend. The ex-dividend date was Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.42%. Energizer's dividend payout ratio (DPR) is presently 151.90%.

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.