1 week Ago By Defense World Staff
Geode Capital Management LLC cut its position in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 1,535,404 shares of the company’s stock after selling 3,823 shares during the quarter. Geode Capital Management LLC owned 2.13% of Energizer worth $53,583,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of ENR. Bank of New York Mellon Corp grew its stake in shares of Energizer by 8.5% during the 4th quarter.
Bank of New York Mellon Corp now owns 1,023,083 shares of the company’s stock worth $35,695,000 after acquiring an additional 80,163 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Energizer by 3.
6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 965,310 shares of the company’s stock valued at $33,680,000 after purchasing an additional 33,739 shares in the last quarter.
Principal Financial Group Inc. increased its stake in Energizer by 3.8% in the 4th quarter.
Principal Financial Group Inc. now owns 894,373 shares of the company’s stock valued at $31,204,000 after buying an additional 32,618 shares during the last quarter. Wellington Management Group LLP lifted its position in Energizer by 1.
8% during the 4th quarter. Wellington Management Group LLP now owns 492,055 shares of the company’s stock worth $17,168,000 after buying an additional 8,552 shares in the last quarter. Finally, JPMorgan Chase & Co.
boosted its stake in shares of Energizer by 76.4% during the 4th quarter. JPMorgan Chase & Co.
now owns 414,473 shares of the company’s stock worth $14,461,000 after buying an additional 179,521 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Price PerformanceShares of ENR opened at $26.60 on Monday. The company’s 50-day moving average is $29.
93 and its 200-day moving average is $32.95. The company has a debt-to-equity ratio of 22.
17, a current ratio of 1.80 and a quick ratio of 0.94.
The firm has a market capitalization of $1.92 billion, a PE ratio of 33.66 and a beta of 0.
92. Energizer Holdings, Inc. has a fifty-two week low of $25.
42 and a fifty-two week high of $39.52. Energizer (NYSE:ENR – Get Free Report) last released its quarterly earnings results on Tuesday, February 4th.
The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.
03. Energizer had a net margin of 2.02% and a return on equity of 168.
16%. The firm had revenue of $731.70 million for the quarter, compared to analysts’ expectations of $726.
23 million. During the same period in the prior year, the firm earned $0.59 EPS.
The business’s revenue was up 2.1% on a year-over-year basis. Equities analysts forecast that Energizer Holdings, Inc.
will post 3.58 EPS for the current year. Energizer Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th.
Shareholders of record on Thursday, February 20th were issued a $0.30 dividend. This represents a $1.
20 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date was Thursday, February 20th.
Energizer’s dividend payout ratio is 151.90%. Analysts Set New Price TargetsENR has been the topic of a number of recent research reports.
JPMorgan Chase & Co. lowered their target price on Energizer from $36.00 to $30.
00 and set a “neutral” rating on the stock in a research report on Friday. Barclays dropped their price objective on Energizer from $32.00 to $27.
00 and set an “equal weight” rating on the stock in a research note on Friday. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th.
UBS Group dropped their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th.
Finally, StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock.
According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $36.25.Check Out Our Latest Analysis on ENREnergizer 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.See AlsoFive stocks we like better than Energizer3 REITs to Buy and Hold for the Long TermIs McDonald’s Stock Serving a Value Meal to Investors? 3 Warren Buffett Stocks to Buy NowWalgreens Comeback? Private Equity Circling for a BuyoutHow to Effectively Use the MarketBeat Ratings ScreenerCoca-Cola Stock Looks Refreshing After the Relief Rally.
