NewSquare Capital LLC Purchases Shares of 108,436 Energizer Holdings, Inc. (NYSE:ENR)

NewSquare Capital LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 108,436 shares of the company's stock, valued at approximately $3,783,000. NewSquare Capital LLC owned about 0.15% of Energizer at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Energizer by 86.4% in 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 last quarter. Neo Ivy Capital Management bought a new stake in Energizer during the 3rd quarter valued at $30,000. Quarry LP bought a new stake in Energizer during the 3rd quarter valued at $39,000. Prospera Private Wealth LLC bought a new stake in Energizer during the 3rd quarter valued at $42,000. Finally, Smartleaf Asset Management LLC raised its holdings in Energizer by 94.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after acquiring an additional 753 shares during the period. Hedge funds and other institutional investors own 93.74% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on ENR. StockNews.com cut shares of Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Truist Financial boosted their target price on shares of Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Royal Bank of Canada reissued a "sector perform" rating and set a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. Morgan Stanley boosted their target price on shares of Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday, November 20th. Finally, UBS Group decreased their price target on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. 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, the company presently has an average rating of "Hold" and an average target price of $38.38.

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Energizer Price Performance

NYSE:ENR traded up $0.73 during midday trading on Friday, hitting $31.00. The company had a trading volume of 802,017 shares, compared to its average volume of 597,703. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $39.51. The stock's fifty day moving average price is $32.98 and its 200-day moving average price is $33.18. The company has a market capitalization of $2.24 billion, a PE ratio of 39.24 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.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.03. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company had revenue of $731.70 million during the quarter, compared to analyst estimates of $726.23 million. During the same period in the previous year, the business earned $0.59 earnings per share. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. As a group, research analysts expect 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 will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.30 dividend. The ex-dividend date is Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 3.87%. Energizer's dividend payout ratio (DPR) is presently 151.90%.

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.