Insider Selling: Daniel J. Sescleifer Unloads 5,910 Shares of Energizer Holdings Stock (ENR)
Energizer Holdings (NYSE:ENR) CFO Daniel J. Sescleifer sold 5,910 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $115.70, for a total transaction of $683,787.00. Following the completion of the sale, the chief financial officer now directly owns 2,594 shares in the company, valued at approximately $300,126. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on ENR. Analysts at Jefferies Group cut their price target on shares of Energizer Holdings from $116.00 to $114.00 in a research note on Tuesday, July 29th. They now have a “hold” rating on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Energizer Holdings in a research note on Thursday, July 10th. They now have a $130.00 price target on the stock, up previously from $119.00. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $124.38.
Energizer Holdings (NYSE:ENR) traded up 0.26% during mid-day trading on Monday, hitting $116.28. The stock had a trading volume of 227,132 shares. Energizer Holdings has a one year low of $90.59 and a one year high of $123.84. The stock has a 50-day moving average of $119.4 and a 200-day moving average of $107.6. The company has a market cap of $7.182 billion and a price-to-earnings ratio of 19.33.
Energizer Holdings (NYSE:ENR) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.46 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.55 by $0.09. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $1.57 earnings per share. Energizer Holdings’s revenue was up 1.7% compared to the same quarter last year. Analysts expect that Energizer Holdings will post $7.07 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Monday, August 18th.
Energizer Holdings, Inc (NYSE:ENR) is the manufacturer and marketer of primary batteries, portable lighting and personal care products in the wet shave, skin care, feminine care and infant care categories.
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