Insider Selling: Energizer Holdings CEO Unloads 20,000 Shares of Stock (ENR)
Energizer Holdings (NYSE:ENR) CEO David P. Hatfield sold 20,000 shares of Energizer Holdings stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $121.34, for a total value of $2,426,800.00. Following the transaction, the chief executive officer now directly owns 5,799 shares of the company’s stock, valued at approximately $703,651. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on ENR shares. 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 analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Energizer Holdings has a consensus rating of “Buy” and an average target price of $124.38.
Energizer Holdings (NYSE:ENR) traded up 0.01% on Tuesday, hitting $121.53. The stock had a trading volume of 238,404 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 $118.8 and a 200-day moving average of $109.9. The company has a market cap of $7.506 billion and a P/E ratio of 20.25.
Energizer Holdings (NYSE:ENR) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.46 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $1.57 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Analysts expect that Energizer Holdings will post $7.07 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend 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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