Vanguard Group Inc. Grows Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Vanguard Group Inc. increased its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 0.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,251,976 shares of the company's stock after purchasing an additional 9,343 shares during the period. Vanguard Group Inc. owned 12.82% of Energizer worth $322,801,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Inspire Investing LLC lifted its position in shares of Energizer by 166.3% in the fourth quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock valued at $1,210,000 after acquiring an additional 21,667 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Energizer by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company's stock worth $29,587,000 after purchasing an additional 19,836 shares during the period. Point72 Asset Management L.P. bought a new position in Energizer in the 3rd quarter worth approximately $584,000. Vista Investment Partners LLC purchased a new stake in Energizer during the 4th quarter valued at approximately $553,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Energizer by 94.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after buying an additional 753 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company's stock.

Energizer Trading Down 4.0 %

NYSE:ENR traded down $1.12 during midday trading on Monday, hitting $27.30. 424,975 shares of the company traded hands, compared to its average volume of 593,393. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. The firm's fifty day moving average is $30.93 and its 200-day moving average is $33.12. The firm has a market capitalization of $1.97 billion, a P/E ratio of 34.69 and a beta of 0.92. Energizer Holdings, Inc. has a 12-month low of $22.23 and a 12-month high of $39.52.

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Energizer (NYSE:ENR - Get Free Report) last released 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. The firm had revenue of $731.70 million during the quarter, compared to analyst estimates of $726.23 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The business's revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $0.59 EPS. On average, sell-side analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were paid 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 dividend yield of 4.40%. Energizer's dividend payout ratio is 151.90%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Barclays cut their target price on shares of Energizer from $36.00 to $32.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. JPMorgan Chase & Co. reduced their target price on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. UBS Group cut their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 price objective on shares of Energizer in a report on Thursday, January 30th. Finally, StockNews.com lowered shares of Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $37.88.

About Energizer

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.