3 days Ago By ABMN Staff
Energizer Holdings, Inc. ( NYSE:ENR – Get Free Report ) has been given a consensus rating of “Hold” by the eight analysts that are presently covering the firm, MarketBeat.com reports.
One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $34.38.
A number of brokerages recently commented on ENR. Evercore ISI decreased their price target on Energizer from $42.00 to $40.
00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research report on Wednesday, August 7th.
Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and increased their price target for the stock from $30.00 to $40.00 in a research report on Tuesday, August 27th.
JPMorgan Chase & Co. increased their target price on shares of Energizer from $28.00 to $29.
00 and gave the stock an “underweight” rating in a report on Wednesday, August 7th. Finally, Barclays lifted their price target on shares of Energizer from $31.00 to $32.
00 and gave the company an “overweight” rating in a report on Friday, July 19th. Get Our Latest Analysis on Energizer Energizer Stock Performance Energizer ( NYSE:ENR – Get Free Report ) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.
79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12.
Energizer had a return on equity of 137.24% and a net margin of 0.35%.
The business had revenue of $701.40 million during the quarter, compared to analysts’ expectations of $704.86 million.
During the same period in the previous year, the company posted $0.54 earnings per share. The firm’s revenue for the quarter was up .
3% compared to the same quarter last year. Analysts anticipate that Energizer will post 3.27 earnings per share for the current year.
Energizer Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 22nd were given a $0.30 dividend.
The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.
13%. Energizer’s dividend payout ratio (DPR) is presently 100.84%.
Hedge Funds Weigh In On Energizer A number of hedge funds and other institutional investors have recently made changes to their positions in ENR. Norges Bank acquired a new position in shares of Energizer during the 4th quarter valued at $16,559,000. Victory Capital Management Inc.
raised its stake in Energizer by 192.5% during the 2nd quarter. Victory Capital Management Inc.
now owns 372,697 shares of the company’s stock worth $11,009,000 after buying an additional 245,285 shares during the period. Dimensional Fund Advisors LP raised its stake in Energizer by 38.0% during the 2nd quarter.
Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock worth $25,778,000 after buying an additional 240,402 shares during the period. M&G Plc bought a new position in Energizer in the first quarter worth approximately $5,174,000. Finally, Great Lakes Advisors LLC acquired a new stake in Energizer in the fourth quarter valued at approximately $3,629,000.
93.74% of the stock is owned by institutional investors and hedge funds. About Energizer ( Get 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. See Also Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter .
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