18,469 Shares in Energizer Holdings, Inc. (NYSE:ENR) Acquired by Quest Partners LLC

Quest Partners LLC acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,469 shares of the company's stock, valued at approximately $587,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. M&G Plc increased its position in Energizer by 33.0% during the second quarter. M&G Plc now owns 237,337 shares of the company's stock worth $7,120,000 after buying an additional 58,933 shares during the last quarter. Tidal Investments LLC boosted its stake in shares of Energizer by 220.3% during the 1st quarter. Tidal Investments LLC now owns 29,903 shares of the company's stock worth $880,000 after acquiring an additional 20,567 shares during the period. CANADA LIFE ASSURANCE Co increased its holdings in shares of Energizer by 31.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 107,723 shares of the company's stock worth $3,172,000 after acquiring an additional 25,732 shares during the last quarter. Gabelli Funds LLC lifted its holdings in Energizer by 6.1% during the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company's stock valued at $11,363,000 after purchasing an additional 22,100 shares during the last quarter. Finally, Maverick Capital Ltd. boosted its position in Energizer by 126.7% during the second quarter. Maverick Capital Ltd. now owns 59,878 shares of the company's stock worth $1,769,000 after purchasing an additional 33,467 shares during the period. 93.74% of the stock is owned by institutional investors.

Energizer Price Performance

NYSE:ENR traded up $0.21 during trading hours on Friday, reaching $38.30. 737,318 shares of the company were exchanged, compared to its average volume of 646,586. The business has a 50 day moving average of $32.36 and a 200 day moving average of $30.68. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.21. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.01. The company has a market capitalization of $2.75 billion, a P/E ratio of 73.66 and a beta of 1.04.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer's dividend payout ratio is currently 230.77%.

Insider Activity

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 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.77% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on ENR. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. Canaccord Genuity Group boosted their price objective on Energizer from $32.00 to $36.00 and gave the stock a "hold" rating in a report on Wednesday. StockNews.com downgraded Energizer from a "buy" rating to a "hold" rating in a research report on Monday, October 14th. JPMorgan Chase & Co. raised Energizer from an "underweight" rating to a "neutral" rating and lifted their price target for the stock from $32.00 to $39.00 in a report on Wednesday. Finally, Morgan Stanley upped their price objective on Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Energizer currently has an average rating of "Hold" and an average target price of $37.63.

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.