Thompson Investment Management Inc. Sells 77,449 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Thompson Investment Management Inc. trimmed its holdings in Energizer Holdings, Inc. (NYSE:ENRFree Report) by 71.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,403 shares of the company’s stock after selling 77,449 shares during the period. Thompson Investment Management Inc.’s holdings in Energizer were worth $963,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp bought a new position in shares of Energizer in the third quarter valued at $32,000. Ancora Advisors LLC bought a new position in shares of Energizer during the first quarter valued at about $37,000. Signaturefd LLC lifted its position in shares of Energizer by 35.3% during the third quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Energizer by 107.4% during the first quarter. Captrust Financial Advisors now owns 2,014 shares of the company’s stock valued at $62,000 after purchasing an additional 1,043 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its position in shares of Energizer by 42.4% during the first quarter. Belpointe Asset Management LLC now owns 1,836 shares of the company’s stock valued at $64,000 after purchasing an additional 547 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

Energizer Stock Down 0.4 %

Shares of Energizer stock opened at $27.96 on Monday. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The company has a 50-day moving average of $30.18 and a 200 day moving average of $31.36. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 21.67 and a beta of 1.06. Energizer Holdings, Inc. has a 1 year low of $27.58 and a 1 year high of $37.32.

Energizer (NYSE:ENRGet Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The firm had revenue of $716.60 million for the quarter, compared to the consensus estimate of $710.73 million. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 EPS. As a group, sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Wednesday, February 21st were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend was Tuesday, February 20th. Energizer’s payout ratio is 93.02%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Barclays raised their price objective on shares of Energizer from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $35.67.

Get Our Latest Stock Report on ENR

Energizer Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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