Versor Investments LP Has $547,000 Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Versor Investments LP decreased its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 52.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,667 shares of the company's stock after selling 17,113 shares during the quarter. Versor Investments LP's holdings in Energizer were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Proficio Capital Partners LLC purchased a new position in shares of Energizer during the fourth quarter valued at $411,000. Bank of New York Mellon Corp grew its holdings in shares of Energizer by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,023,083 shares of the company's stock valued at $35,695,000 after buying an additional 80,163 shares in the last quarter. Ieq Capital LLC purchased a new position in shares of Energizer during the fourth quarter valued at $212,000. Sanctuary Advisors LLC grew its holdings in shares of Energizer by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company's stock valued at $335,000 after buying an additional 392 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Energizer by 3.8% during the fourth quarter. Principal Financial Group Inc. now owns 894,373 shares of the company's stock valued at $31,204,000 after buying an additional 32,618 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company's stock.

Energizer Stock Up 0.3 %

Shares of NYSE:ENR traded up $0.10 on Wednesday, reaching $29.80. The company had a trading volume of 493,652 shares, compared to its average volume of 593,925. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.51. The stock has a 50-day moving average price of $33.29 and a 200 day moving average price of $33.21. The stock has a market capitalization of $2.15 billion, a P/E ratio of 37.72 and a beta of 1.06. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17.

Remove Ads

Energizer (NYSE:ENR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company had revenue of $731.70 million during the quarter, compared to analysts' expectations of $726.23 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The business's quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.03%. Energizer's dividend payout ratio is currently 151.90%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. UBS Group lowered their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Royal Bank of Canada reissued a "sector perform" rating and set a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. Truist Financial lifted their price objective on Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Finally, Morgan Stanley lifted their price objective on Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 20th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $38.38.

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.