Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 348,385 shares of the company's stock after selling 16,835 shares during the period. Victory Capital Management Inc. owned 0.48% of Energizer worth $12,155,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Inspire Investing LLC grew its position in Energizer by 166.3% during 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 during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Energizer by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company's stock valued at $29,587,000 after purchasing an additional 19,836 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Energizer during the 3rd quarter worth approximately $584,000. Seizert Capital Partners LLC raised its holdings in Energizer by 29.0% in the third quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company's stock valued at $5,773,000 after buying an additional 40,891 shares during the period. Finally, Clarkston Capital Partners LLC lifted its position in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company's stock valued at $151,660,000 after buying an additional 533,831 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

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Energizer Stock Up 1.7 %

Energizer stock traded up $0.51 during midday trading on Monday, hitting $30.47. The stock had a trading volume of 426,746 shares, compared to its average volume of 565,850. 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 business has a fifty day moving average price of $32.51 and a 200 day moving average price of $33.20. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.52. The stock has a market cap of $2.20 billion, a P/E ratio of 38.57 and a beta of 1.09.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The business's revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. Research analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.94%. The ex-dividend date was Thursday, February 20th. Energizer's dividend payout ratio (DPR) is presently 151.90%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. UBS Group cut their target price on shares of Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. reduced their price objective on Energizer from $39.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Truist Financial increased their target price on Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Barclays downgraded shares of 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 note on Wednesday, November 20th. Finally, Morgan Stanley upped their price objective on shares of Energizer from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 20th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $38.38.

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.