O Shaughnessy Asset Management LLC Buys Shares of 12,643 Energizer Holdings, Inc. (NYSE:ENR)

O Shaughnessy Asset Management LLC purchased a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,643 shares of the company's stock, valued at approximately $441,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ENR. HighTower Advisors LLC increased its stake in shares of Energizer by 17.5% in the 3rd quarter. HighTower Advisors LLC now owns 15,144 shares of the company's stock worth $485,000 after acquiring an additional 2,256 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Energizer during the third quarter valued at approximately $584,000. Quarry LP bought a new position in shares of Energizer during the 3rd quarter valued at $39,000. Wellington Management Group LLP boosted its position in Energizer by 1.5% in the third quarter. Wellington Management Group LLP now owns 483,503 shares of the company's stock worth $15,356,000 after purchasing an additional 7,164 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in shares of Energizer by 125.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 27,095 shares of the company's stock worth $861,000 after buying an additional 15,095 shares during the last quarter. Institutional investors own 93.74% of the company's stock.

Energizer Stock Performance

Energizer stock traded down $0.02 during trading hours on Wednesday, hitting $26.67. 41,117 shares of the stock traded hands, compared to its average volume of 601,001. The firm's 50 day moving average price is $29.71 and its 200-day moving average price 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 stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 33.76 and a beta of 0.92. Energizer Holdings, Inc. has a 1 year low of $25.42 and a 1 year high of $39.52.

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

Energizer Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 4.50%. Energizer's dividend payout ratio is currently 151.90%.

Analysts Set New Price Targets

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

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.