Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC decreased its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 360,550 shares of the company's stock after selling 12,300 shares during the period. Gabelli Funds LLC owned 0.50% of Energizer worth $12,580,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENR. Walleye Capital LLC lifted its stake in shares of Energizer by 98.4% in the 4th quarter. Walleye Capital LLC now owns 47,364 shares of the company's stock worth $1,653,000 after purchasing an additional 23,488 shares during the period. XTX Topco Ltd bought a new position in Energizer in the 4th quarter worth $671,000. Mariner LLC boosted its stake in Energizer by 39.1% in the 4th quarter. Mariner LLC now owns 285,016 shares of the company's stock worth $9,944,000 after purchasing an additional 80,106 shares during the period. Summit Investment Advisors Inc. boosted its holdings in shares of Energizer by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 7,522 shares of the company's stock valued at $262,000 after purchasing an additional 477 shares during the last quarter. Finally, Optimize Financial Inc purchased a new stake in shares of Energizer during the 4th quarter worth approximately $534,000. Institutional investors own 93.74% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on ENR. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. UBS Group decreased their price target on shares of Energizer from $36.00 to $28.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. dropped their price target on Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, Barclays dropped their target price on shares of Energizer from $32.00 to $27.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $35.00.

Energizer Stock Up 1.9 %

Shares of Energizer stock traded up $0.50 during trading on Tuesday, reaching $27.13. The company's stock had a trading volume of 84,673 shares, compared to its average volume of 602,032. The company has a 50-day simple moving average of $29.31 and a two-hundred day simple moving average of $32.74. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. Energizer Holdings, Inc. has a 1-year low of $25.42 and a 1-year high of $39.52. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 34.37 and a beta of 0.92.

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

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.42%. The ex-dividend date was Thursday, February 20th. Energizer's payout ratio is 151.90%.

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.