Marshall Wace North America L.P. purchased a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 193,700 shares of the company’s stock, valued at approximately $9,298,000. Marshall Wace North America L.P. owned approximately 0.31% of Energizer Holdings at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of ENR. Creative Planning raised its stake in Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,999 shares of the company’s stock valued at $111,000 after buying an additional 7 shares during the period. Acrospire Investment Management LLC acquired a new stake in Energizer Holdings during the first quarter valued at about $114,000. IFP Advisors Inc raised its stake in Energizer Holdings by 7.1% in the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock valued at $125,000 after buying an additional 172 shares during the period. Financial Counselors Inc. acquired a new stake in Energizer Holdings during the first quarter valued at about $201,000. Finally, World Asset Management Inc raised its stake in Energizer Holdings by 11.2% in the second quarter. World Asset Management Inc now owns 4,412 shares of the company’s stock valued at $212,000 after buying an additional 443 shares during the period. 92.51% of the stock is currently owned by institutional investors.
Energizer Holdings, Inc. (ENR) opened at 44.53 on Friday. Energizer Holdings, Inc. has a 52 week low of $40.98 and a 52 week high of $60.07. The company’s 50-day moving average is $44.47 and its 200 day moving average is $51.78. The stock has a market cap of $2.76 billion, a PE ratio of 14.78 and a beta of 0.57.
Energizer Holdings (NYSE:ENR) last announced its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.06. The business had revenue of $372 million during the quarter, compared to the consensus estimate of $390.88 million. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 EPS. On average, analysts expect that Energizer Holdings, Inc. will post $2.90 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Thursday, August 17th. Energizer Holdings’s payout ratio is 36.54%.
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ENR has been the topic of several research reports. Royal Bank Of Canada reissued a “buy” rating and issued a $60.00 price target on shares of Energizer Holdings in a research report on Thursday, June 8th. Zacks Investment Research raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research note on Monday, July 10th. Deutsche Bank AG reduced their price objective on shares of Energizer Holdings from $55.00 to $49.00 and set a “buy” rating for the company in a research note on Thursday, August 3rd. Citigroup Inc. reaffirmed a “buy” rating and set a $54.00 price objective on shares of Energizer Holdings in a research note on Wednesday. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $52.00 price objective (down previously from $54.00) on shares of Energizer Holdings in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $53.88.
In other news, CEO Alan R. Hoskins acquired 12,112 shares of Energizer Holdings stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average cost of $41.28 per share, with a total value of $499,983.36. Following the purchase, the chief executive officer now owns 98,887 shares in the company, valued at $4,082,055.36. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Timothy W. Gorman acquired 5,500 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average cost of $41.43 per share, with a total value of $227,865.00. Following the completion of the purchase, the chief financial officer now owns 14,674 shares in the company, valued at approximately $607,943.82. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 31,212 shares of company stock valued at $1,297,839. Corporate insiders own 1.73% of the company’s stock.
About Energizer Holdings
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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