Intech Investment Management LLC Buys 8,581 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Intech Investment Management LLC increased its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 45.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,320 shares of the company's stock after acquiring an additional 8,581 shares during the period. Intech Investment Management LLC's holdings in Energizer were worth $953,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Inspire Investing LLC raised its holdings in shares of Energizer by 166.3% in the 4th quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock worth $1,210,000 after purchasing an additional 21,667 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Energizer by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company's stock worth $29,587,000 after buying an additional 19,836 shares during the last quarter. Point72 Asset Management L.P. bought a new position in shares of Energizer in the third quarter valued at $584,000. Vista Investment Partners LLC acquired a new stake in shares of Energizer during the 4th quarter valued at $553,000. Finally, Cerity Partners LLC boosted its stake in shares of Energizer by 23.0% during the 3rd quarter. Cerity Partners LLC now owns 74,081 shares of the company's stock worth $2,353,000 after acquiring an additional 13,876 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Performance

Shares of NYSE:ENR traded up $0.26 on Wednesday, hitting $29.54. 433,221 shares of the company were exchanged, compared to its average volume of 565,287. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The company's 50 day moving average price is $31.79 and its two-hundred day moving average price is $33.09. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $39.52. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 37.39 and a beta of 1.09.

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

Energizer Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date was Thursday, February 20th. Energizer's dividend payout ratio is 151.90%.

Wall Street Analyst Weigh In

ENR has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $38.00 price objective on shares of Energizer in a research note on Thursday, January 30th. UBS Group lowered their price objective on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Finally, StockNews.com lowered Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $38.38.

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.