Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by LSV Asset Management

LSV Asset Management boosted its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,812,700 shares of the company's stock after purchasing an additional 114,600 shares during the quarter. LSV Asset Management owned about 2.51% of Energizer worth $63,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock valued at $27,000 after purchasing an additional 356 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Energizer by 21.6% in the fourth quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock valued at $71,000 after acquiring an additional 360 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in Energizer by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company's stock worth $335,000 after purchasing an additional 392 shares during the period. Bank of Montreal Can increased its holdings in Energizer by 4.1% in the 4th quarter. Bank of Montreal Can now owns 11,978 shares of the company's stock valued at $418,000 after acquiring an additional 470 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Energizer by 5.0% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 10,226 shares of the company's stock worth $357,000 after purchasing an additional 485 shares during the last quarter. Institutional investors own 93.74% of the company's stock.

Energizer Stock Down 0.8 %

Shares of NYSE ENR traded down $0.21 during mid-day trading on Wednesday, hitting $26.48. The company had a trading volume of 142,434 shares, compared to its average volume of 601,480. Energizer Holdings, Inc. has a 1-year low of $25.42 and a 1-year high of $39.52. The business's 50-day simple moving average is $29.71 and its 200 day simple moving average is $32.88. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The company has a market capitalization of $1.91 billion, a PE ratio of 33.52 and a beta of 0.92.

Energizer (NYSE:ENR - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share 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 business had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. During the same period in the previous year, the business earned $0.59 EPS. The business's quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.53%. Energizer's payout ratio is currently 151.90%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ENR shares. UBS Group cut their target price on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. JPMorgan Chase & Co. decreased their price objective on Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $38.00 price target on shares of Energizer in a report on Thursday, January 30th. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Finally, Barclays dropped their price target on Energizer from $32.00 to $27.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $36.25.

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.