18,382 Shares in Energizer Holdings, Inc. (NYSE:ENR) Acquired by Point72 Asset Management L.P.

Point72 Asset Management L.P. acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,382 shares of the company's stock, valued at approximately $584,000.

A number of other institutional investors have also recently made changes to their positions in the business. Welch Group LLC purchased a new position in Energizer in the 2nd quarter valued at approximately $207,000. Eagle Bluffs Wealth Management LLC lifted its position in shares of Energizer by 2.1% during the 2nd quarter. Eagle Bluffs Wealth Management LLC now owns 42,478 shares of the company's stock worth $1,255,000 after purchasing an additional 854 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Energizer by 1.5% during the second quarter. Louisiana State Employees Retirement System now owns 33,600 shares of the company's stock worth $993,000 after purchasing an additional 500 shares in the last quarter. Capital Insight Partners LLC raised its stake in Energizer by 2.5% in the second quarter. Capital Insight Partners LLC now owns 13,284 shares of the company's stock valued at $392,000 after buying an additional 330 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Energizer by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company's stock worth $29,651,000 after buying an additional 15,982 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company's stock.

Insider Activity at Energizer

In other Energizer news, EVP Robin Vauth sold 1,978 shares of the firm's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares of the company's stock, valued at approximately $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 in the company, valued at approximately $178,401.15. This trade represents a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock worth $334,694 over the last 90 days. Company insiders own 0.77% of the company's stock.

Energizer Stock Performance

NYSE:ENR traded up $0.20 during midday trading on Thursday, reaching $36.94. The stock had a trading volume of 498,094 shares, compared to its average volume of 571,224. The stock has a market cap of $2.66 billion, a P/E ratio of 71.04 and a beta of 1.06. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.51. The firm has a fifty day simple moving average of $34.60 and a two-hundred day simple moving average of $31.49.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 annualized dividend and a yield of 3.25%. Energizer's dividend payout ratio is currently 230.77%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Energizer from an "underweight" rating to a "neutral" rating and increased their price objective for the company from $32.00 to $39.00 in a report on Wednesday, November 20th. Canaccord Genuity Group raised their price objective 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 lifted their price target for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. StockNews.com raised Energizer from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Truist Financial upped their price target 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. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company 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.