Cerity Partners LLC Has $2.35 Million Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Cerity Partners LLC lifted its position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 23.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,081 shares of the company's stock after purchasing an additional 13,876 shares during the quarter. Cerity Partners LLC owned approximately 0.10% of Energizer worth $2,353,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Clarkston Capital Partners LLC raised its stake in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company's stock worth $151,660,000 after acquiring an additional 533,831 shares during the period. Victory Capital Management Inc. raised its stake in shares of Energizer by 192.5% in the 2nd quarter. Victory Capital Management Inc. now owns 372,697 shares of the company's stock valued at $11,009,000 after acquiring an additional 245,285 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Energizer by 38.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company's stock worth $25,778,000 after buying an additional 240,402 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Energizer by 155.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 129,567 shares of the company's stock worth $3,827,000 after acquiring an additional 78,895 shares during the period. Finally, Profit Investment Management LLC bought a new position in shares of Energizer in the third quarter valued at approximately $2,238,000. Hedge funds and other institutional investors own 93.74% of the company's stock.

Energizer Stock Performance

ENR traded up $1.28 during trading on Monday, reaching $39.39. 808,634 shares of the company's stock were exchanged, compared to its average volume of 576,823. The stock has a market capitalization of $2.83 billion, a P/E ratio of 75.75 and a beta of 1.04. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.51. The company's fifty day simple moving average is $33.48 and its 200-day simple moving average is $31.05. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, November 27th. Energizer's dividend payout ratio (DPR) is presently 230.77%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ENR shares. JPMorgan Chase & Co. upgraded Energizer from an "underweight" rating to a "neutral" rating and increased their target price for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 price target on shares of Energizer in a research report on Wednesday, August 7th. Evercore ISI dropped their price objective on Energizer from $42.00 to $40.00 and set an "outperform" rating for the company in a research note on Wednesday, August 7th. StockNews.com raised Energizer from a "hold" rating to a "buy" rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley raised their price target on Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Energizer currently has a consensus rating of "Hold" and an average target price of $37.63.

Insider Buying and Selling at Energizer

In related news, EVP Robin Vauth sold 4,070 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 9,827 shares of the company's stock, valued at approximately $374,998.32. The trade was a 29.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Sara B. Hampton sold 2,812 shares of the 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,860 shares of company stock valued at $334,694. 0.77% of the stock is owned by company insiders.

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.