Charles Schwab Investment Management Inc. Buys 19,836 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Charles Schwab Investment Management Inc. boosted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 2.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 931,571 shares of the company's stock after purchasing an additional 19,836 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.30% of Energizer worth $29,587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Clarkston Capital Partners LLC boosted its stake in Energizer by 12.6% in the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company's stock worth $151,660,000 after purchasing an additional 533,831 shares during the period. LSV Asset Management boosted its stake in Energizer by 2.0% in the 2nd quarter. LSV Asset Management now owns 1,606,488 shares of the company's stock worth $47,456,000 after purchasing an additional 31,900 shares during the period. Bank of New York Mellon Corp boosted its stake in Energizer by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company's stock worth $29,651,000 after purchasing an additional 15,982 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Energizer by 38.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company's stock valued at $25,778,000 after acquiring an additional 240,402 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Energizer by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 861,755 shares of the company's stock valued at $27,369,000 after acquiring an additional 37,713 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ENR has been the subject of a number of research reports. Evercore ISI lowered their target price on Energizer from $42.00 to $40.00 and set an "outperform" rating for the company in a research report on Wednesday, August 7th. Canaccord Genuity Group increased their target price on Energizer from $32.00 to $36.00 and gave the company a "hold" rating in a research report on Wednesday, November 20th. 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. 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 Wednesday, August 7th. Finally, StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $37.63.

Energizer Trading Down 0.6 %

ENR traded down $0.22 during trading on Thursday, reaching $38.80. The company had a trading volume of 300,022 shares, compared to its average volume of 574,166. The stock has a market cap of $2.79 billion, a P/E ratio of 75.08 and a beta of 1.06. The business has a 50 day simple moving average of $33.85 and a 200-day simple moving average of $31.16. 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 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 3.09%. Energizer's payout ratio is 230.77%.

Insiders Place Their Bets

In other news, VP Sara B. Hampton sold 2,812 shares of the firm's stock in a transaction 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 transaction, the vice president now owns 4,635 shares in the company, valued at approximately $178,401.15. This trade represents a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Robin Vauth sold 4,070 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.16, for a total value of $155,311.20. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 8,860 shares of company stock worth $334,694 over the last quarter. Company insiders own 0.77% of the company's stock.

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.