Charles Schwab Investment Management Inc. Has $33.68 Million Position in Energizer Holdings, Inc. (NYSE:ENR)

Charles Schwab Investment Management Inc. lifted its stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 965,310 shares of the company's stock after purchasing an additional 33,739 shares during the period. Charles Schwab Investment Management Inc. owned 1.34% of Energizer worth $33,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clarkston Capital Partners LLC grew its holdings in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company's stock valued at $151,660,000 after purchasing an additional 533,831 shares during the period. Verition Fund Management LLC boosted its position in shares of Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company's stock worth $16,727,000 after purchasing an additional 190,195 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Energizer in the 3rd quarter valued at $3,910,000. KBC Group NV increased its position in shares of Energizer by 5,308.0% in the 4th quarter. KBC Group NV now owns 89,664 shares of the company's stock valued at $3,128,000 after buying an additional 88,006 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Energizer by 8.5% during 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 buying an additional 80,163 shares during the period. Institutional investors own 93.74% of the company's stock.

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Energizer Stock Down 1.4 %

NYSE ENR traded down $0.42 during trading hours on Thursday, hitting $29.84. 302,664 shares of the company traded hands, compared to its average volume of 564,950. 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 business's 50-day moving average is $32.23 and its 200-day moving average is $33.14. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 37.77 and a beta of 1.09. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.52.

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, beating the consensus estimate of $0.64 by $0.03. The company had revenue of $731.70 million during 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 firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. Sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current 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 dividend on an annualized basis and a dividend yield of 4.02%. Energizer's payout ratio is 151.90%.

Analysts Set New Price Targets

ENR has been the subject of a number of research analyst reports. Truist Financial boosted their target price on Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Canaccord Genuity Group increased their target price on Energizer from $32.00 to $36.00 and gave the stock a "hold" rating in a research note on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Finally, UBS Group cut their price objective on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price 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.