Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC lowered its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 36.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,240 shares of the company's stock after selling 118,800 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 0.28% of Energizer worth $6,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of ENR. HighTower Advisors LLC grew its position in Energizer by 17.5% during the third quarter. HighTower Advisors LLC now owns 15,144 shares of the company's stock valued at $485,000 after buying an additional 2,256 shares during the period. Holocene Advisors LP boosted its holdings in Energizer by 103.7% in the 3rd quarter. Holocene Advisors LP now owns 68,732 shares of the company's stock worth $2,183,000 after buying an additional 34,998 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Energizer in the 3rd quarter worth $197,000. Verition Fund Management LLC grew its position in shares of Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company's stock worth $16,727,000 after purchasing an additional 190,195 shares in the last quarter. Finally, Walleye Capital LLC raised its stake in Energizer by 1,959.5% during the 3rd quarter. Walleye Capital LLC now owns 23,876 shares of the company's stock valued at $758,000 after purchasing an additional 25,160 shares during the period. 93.74% of the stock is owned by institutional investors.

Energizer Trading Down 2.4 %

ENR stock traded down $0.92 during midday trading on Friday, reaching $37.88. The company's stock had a trading volume of 260,387 shares, compared to its average volume of 572,836. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.51. The stock has a fifty day simple moving average of $34.01 and a two-hundred day simple moving average of $31.21. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 74.62 and a beta of 1.06. The company has a debt-to-equity ratio of 23.51, a quick ratio of 1.00 and a current ratio of 1.80.

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 given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date is Wednesday, November 27th. Energizer's payout ratio is currently 230.77%.

Insider Activity

In other news, VP Sara B. Hampton sold 2,812 shares of the company's 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 directly owns 4,635 shares of the company's stock, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robin Vauth sold 4,070 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $38.16, for a total value of $155,311.20. Following the completion of 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 worth $334,694. Corporate insiders own 0.77% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ENR shares. Truist Financial lifted their price objective on shares of Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. StockNews.com downgraded shares of Energizer from a "buy" rating to a "hold" rating in a report on Wednesday. Canaccord Genuity Group lifted their target price on Energizer from $32.00 to $36.00 and gave the stock a "hold" rating in a report on Wednesday, November 20th. Barclays lowered Energizer from an "overweight" rating to an "equal weight" rating and increased their price target for the company from $34.00 to $36.00 in a research note on Wednesday, November 20th. Finally, Morgan Stanley lifted their price objective on Energizer from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 20th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Energizer presently has a consensus rating of "Hold" and an average target price of $37.63.

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.