Seizert Capital Partners LLC Purchases 40,891 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Seizert Capital Partners LLC raised its stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 29.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,773 shares of the company's stock after purchasing an additional 40,891 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.25% of Energizer worth $5,773,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ENR. LSV Asset Management grew its stake in shares of Energizer by 2.0% in the second quarter. LSV Asset Management now owns 1,606,488 shares of the company's stock valued at $47,456,000 after buying an additional 31,900 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in Energizer by 5.8% in the first quarter. Gamco Investors INC. ET AL now owns 1,309,920 shares of the company's stock valued at $38,564,000 after acquiring an additional 71,595 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of 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 valued at $29,651,000 after acquiring an additional 15,982 shares during the period. Dimensional Fund Advisors LP increased its stake 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 worth $25,778,000 after purchasing an additional 240,402 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Energizer by 4.6% in the 3rd 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. Institutional investors and hedge funds own 93.74% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ENR shares. Barclays lifted their price target on Energizer from $32.00 to $34.00 and gave the stock an "overweight" rating in a report on Friday, October 11th. StockNews.com lowered Energizer from a "buy" rating to a "hold" rating in a report on Monday, October 14th. Truist Financial raised Energizer from a "hold" rating to a "buy" rating and raised their price target for the company from $30.00 to $40.00 in a report on Tuesday, August 27th. JPMorgan Chase & Co. boosted their price objective on Energizer from $29.00 to $32.00 and gave the stock an "underweight" rating in a report on Friday, October 11th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $38.00 price target on shares of Energizer in a report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $35.00.

Energizer Price Performance

NYSE:ENR traded up $0.10 during trading hours on Friday, hitting $33.92. The company's stock had a trading volume of 785,755 shares, compared to its average volume of 464,793. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. The company has a market capitalization of $2.44 billion, a P/E ratio of 242.29 and a beta of 1.04. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $34.29. The stock has a fifty day simple moving average of $31.55 and a 200-day simple moving average of $30.41.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer's payout ratio is 857.14%.

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.