Prudential Financial Inc. cut its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 44.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,986 shares of the company’s stock after selling 34,750 shares during the quarter. Prudential Financial Inc. owned approximately 0.07% of Energizer worth $1,979,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Airain ltd raised its position in shares of Energizer by 107.1% in the 2nd quarter. Airain ltd now owns 30,180 shares of the company’s stock worth $1,449,000 after acquiring an additional 15,604 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in Energizer in the 3rd quarter valued at about $4,743,000. Blue Rock Advisors LLC increased its position in Energizer by 275.0% in the 2nd quarter. Blue Rock Advisors LLC now owns 30,000 shares of the company’s stock valued at $1,440,000 after buying an additional 22,000 shares in the last quarter. Sei Investments Co. increased its position in Energizer by 34.8% in the 2nd quarter. Sei Investments Co. now owns 75,192 shares of the company’s stock valued at $3,610,000 after buying an additional 19,400 shares in the last quarter. Finally, Timpani Capital Management LLC bought a new stake in Energizer in the 2nd quarter valued at about $1,059,000. 99.27% of the stock is currently owned by hedge funds and other institutional investors.
A number of analysts recently commented on ENR shares. UBS reaffirmed a “neutral” rating and issued a $47.00 target price (down from $49.00) on shares of Energizer in a research report on Wednesday, August 9th. Deutsche Bank reaffirmed a “hold” rating and issued a $49.00 target price (down from $55.00) on shares of Energizer in a research report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Energizer in a research report on Wednesday, August 16th. Citigroup reaffirmed a “buy” rating and issued a $54.00 target price on shares of Energizer in a research report on Wednesday, August 23rd. Finally, KeyCorp set a $55.00 target price on Energizer and gave the company a “buy” rating in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Energizer currently has an average rating of “Hold” and a consensus target price of $51.88.
Energizer (NYSE:ENR) last announced its earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. Energizer had a return on equity of 291.65% and a net margin of 11.48%. The firm had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. During the same quarter in the previous year, the business earned $0.54 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. analysts expect that Energizer Holdings Inc will post 3.05 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from Energizer’s previous quarterly dividend of $0.28. Energizer’s payout ratio is presently 36.02%.
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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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