BNP Paribas Financial Markets Has $1.98 Million Holdings in Energizer Holdings, Inc. (NYSE:ENR)

BNP Paribas Financial Markets lowered its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,441 shares of the company’s stock after selling 4,920 shares during the quarter. BNP Paribas Financial Markets owned about 0.09% of Energizer worth $1,978,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ENR. Vanguard Group Inc. boosted its stake in Energizer by 13.8% during the third quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company’s stock worth $297,930,000 after acquiring an additional 1,126,158 shares in the last quarter. FMR LLC boosted its stake in Energizer by 28.2% during the third quarter. FMR LLC now owns 6,860,185 shares of the company’s stock worth $219,800,000 after acquiring an additional 1,508,081 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in Energizer by 0.5% during the third quarter. Gamco Investors INC. ET AL now owns 1,270,495 shares of the company’s stock worth $40,707,000 after acquiring an additional 6,823 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Energizer by 12.5% during the third quarter. Principal Financial Group Inc. now owns 895,249 shares of the company’s stock worth $28,683,000 after acquiring an additional 99,353 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Energizer by 3.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 837,004 shares of the company’s stock worth $26,516,000 after acquiring an additional 29,452 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Truist Financial dropped their price objective on shares of Energizer from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, May 8th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Barclays cut their target price on Energizer from $32.00 to $31.00 and set an “overweight” rating on the stock in a research report on Thursday, May 9th. UBS Group raised their price objective on Energizer from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, May 8th. Finally, Morgan Stanley upgraded shares of Energizer from an “underweight” rating to an “equal weight” rating and set a $33.00 target price for the company in a research note on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Energizer has a consensus rating of “Hold” and an average target price of $32.57.

Energizer Stock Down 0.6 %

ENR opened at $28.82 on Friday. The company has a market cap of $2.07 billion, a P/E ratio of 24.22 and a beta of 1.04. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $37.32. The business’s 50-day moving average price is $28.82 and its 200-day moving average price is $30.36. The company has a current ratio of 2.03, a quick ratio of 1.04 and a debt-to-equity ratio of 16.86.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, May 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. The company had revenue of $663.30 million for the quarter, compared to analysts’ expectations of $664.10 million. Energizer had a return on equity of 119.16% and a net margin of 2.97%. Energizer’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. On average, equities analysts expect that Energizer Holdings, Inc. will post 3.22 EPS for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Wednesday, May 22nd will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.16%. Energizer’s dividend payout ratio (DPR) is currently 100.84%.

Energizer Company 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.