Massmutual Trust Co. FSB ADV Sells 2,912 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Massmutual Trust Co. FSB ADV lowered its holdings in Energizer Holdings, Inc. (NYSE:ENRGet Rating) by 47.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,231 shares of the company’s stock after selling 2,912 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Energizer were worth $92,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Dimensional Fund Advisors LP lifted its position in Energizer by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 691,743 shares of the company’s stock valued at $27,736,000 after acquiring an additional 34,354 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Energizer by 75.3% during the fourth quarter. BNP Paribas Arbitrage SA now owns 20,039 shares of the company’s stock worth $804,000 after purchasing an additional 8,610 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Energizer during the 4th quarter valued at $248,000. Teacher Retirement System of Texas boosted its position in shares of Energizer by 19.1% in the 4th quarter. Teacher Retirement System of Texas now owns 11,830 shares of the company’s stock worth $474,000 after purchasing an additional 1,898 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Energizer by 2.7% in the 4th quarter. Rhumbline Advisers now owns 179,292 shares of the company’s stock worth $7,190,000 after purchasing an additional 4,643 shares in the last quarter. Institutional investors own 84.65% of the company’s stock.

Energizer Stock Performance

Shares of ENR opened at $28.18 on Tuesday. The stock has a 50-day moving average of $29.60 and a two-hundred day moving average of $29.85. Energizer Holdings, Inc. has a one year low of $25.17 and a one year high of $41.62. The company has a debt-to-equity ratio of 7.09, a quick ratio of 0.96 and a current ratio of 2.12. The stock has a market cap of $2.01 billion, a P/E ratio of 9.49 and a beta of 0.98.

Energizer (NYSE:ENRGet Rating) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Energizer had a return on equity of 51.08% and a net margin of 7.09%. The firm had revenue of $728.00 million for the quarter, compared to analyst estimates of $747.47 million. During the same period in the prior year, the firm posted $0.74 EPS. The business’s revenue was up .9% compared to the same quarter last year. As a group, research analysts predict that Energizer Holdings, Inc. will post 3.04 EPS for the current year.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 13th. Shareholders of record on Tuesday, August 23rd were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.26%. Energizer’s payout ratio is currently 40.40%.

Insider Buying and Selling at Energizer

In other Energizer news, Director Bill G. Armstrong sold 5,000 shares of Energizer stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $32.14, for a total transaction of $160,700.00. Following the completion of the transaction, the director now owns 24,065 shares in the company, valued at approximately $773,449.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Energizer news, CEO Mark Stephen Lavigne purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 26th. The stock was purchased at an average price of $30.49 per share, for a total transaction of $91,470.00. Following the purchase, the chief executive officer now directly owns 150,323 shares in the company, valued at $4,583,348.27. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bill G. Armstrong sold 5,000 shares of Energizer stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $32.14, for a total value of $160,700.00. Following the completion of the transaction, the director now owns 24,065 shares of the company’s stock, valued at approximately $773,449.10. The disclosure for this sale can be found here. Company insiders own 0.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ENR shares. JPMorgan Chase & Co. lowered their price objective on Energizer from $33.00 to $32.00 in a research report on Tuesday, August 9th. Barclays lowered their price objective on Energizer from $38.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, August 10th. Finally, Morgan Stanley cut Energizer from an “overweight” rating to an “equal weight” rating and set a $35.00 price objective for the company. in a research report on Wednesday, August 10th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $36.00.

About Energizer

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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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid batteries.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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