Ritholtz Wealth Management Buys Shares of 8,772 Energizer Holdings, Inc. (NYSE:ENR)

Ritholtz Wealth Management purchased a new position in shares of Energizer Holdings, Inc. (NYSE:ENRFree Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 8,772 shares of the company’s stock, valued at approximately $306,000.

Other hedge funds have also made changes to their positions in the company. Central Pacific Bank Trust Division lifted its holdings in Energizer by 750.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock worth $59,000 after buying an additional 1,500 shares in the last quarter. GAMMA Investing LLC increased its holdings in Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Energizer by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock valued at $27,369,000 after buying an additional 37,713 shares during the period. Tidal Investments LLC grew its position in shares of Energizer by 48.9% during the third quarter. Tidal Investments LLC now owns 13,659 shares of the company’s stock worth $434,000 after buying an additional 4,487 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its stake in shares of Energizer by 2.9% during the third quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company’s stock worth $583,000 after buying an additional 513 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Performance

Shares of ENR opened at $35.16 on Wednesday. The company has a debt-to-equity ratio of 23.51, a quick ratio of 1.00 and a current ratio of 1.80. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 67.61 and a beta of 1.07. The company’s 50 day simple moving average is $36.19 and its 200 day simple moving average is $32.78. Energizer Holdings, Inc. has a 1 year low of $26.92 and a 1 year high of $39.51.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Wednesday, November 27th. Energizer’s dividend payout ratio is presently 230.77%.

Insiders Place Their Bets

In other Energizer news, EVP Robin Vauth sold 4,070 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the transaction, the executive vice president now owns 9,827 shares of the company’s stock, valued at approximately $374,998.32. This trade represents a 29.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the sale, the vice president now directly owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,860 shares of company stock worth $334,694 in the last three months. 0.98% of the stock is owned by insiders.

Analyst Ratings Changes

ENR has been the subject of a number of recent research reports. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research note on Friday, January 17th. Truist Financial boosted their target price on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. cut their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. Finally, UBS Group cut their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.38.

Check Out Our Latest Report on ENR

Energizer Company 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.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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