Energizer Holdings, Inc. (NYSE:ENR) Receives $38.38 Consensus Price Target from Analysts

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been assigned an average rating of "Hold" from the eight research firms that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $38.38.

A number of analysts have issued reports on ENR shares. Canaccord Genuity Group raised 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 cut shares of Energizer from a "buy" rating to a "hold" rating in a research report on Friday. UBS Group dropped their price target on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday. Truist Financial boosted their price objective on shares of Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. lowered their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday.

Energizer Trading Up 0.0 %

ENR stock traded up $0.00 during midday trading on Friday, hitting $35.29. The stock had a trading volume of 407,182 shares, compared to its average volume of 501,854. Energizer has a 12-month low of $26.92 and a 12-month high of $39.51. The firm has a market cap of $2.54 billion, a PE ratio of 67.87 and a beta of 1.07. The company's 50-day moving average price is $36.14 and its 200 day moving average price is $32.67. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Wednesday, November 27th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.40%. Energizer's payout ratio is currently 230.77%.

Insider Buying and Selling

In other Energizer news, VP Sara B. Hampton sold 2,812 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares of the company's stock, valued at $178,401.15. This represents a 37.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Robin Vauth sold 4,070 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.16, for a total transaction of $155,311.20. Following the sale, the executive vice president now directly owns 9,827 shares of the company's stock, valued at $374,998.32. The trade was a 29.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,860 shares of company stock valued at $334,694. Corporate insiders own 0.98% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ENR. Inspire Investing LLC raised its stake in Energizer by 166.3% during the fourth quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock worth $1,210,000 after acquiring an additional 21,667 shares during the period. Ritholtz Wealth Management acquired a new stake in Energizer in the fourth quarter worth $306,000. Central Pacific Bank Trust Division lifted its stake in Energizer by 750.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company's stock valued at $59,000 after buying an additional 1,500 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock worth $27,000 after acquiring an additional 356 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Energizer by 4.6% in the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company's stock valued at $27,369,000 after purchasing an additional 37,713 shares during the period. 93.74% of the stock is currently owned by institutional investors.

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.