Energizer Holdings, Inc. (ENR) Director Robert V. Vitale Buys 7,300 Shares
Energizer Holdings, Inc. (NYSE:ENR) Director Robert V. Vitale purchased 7,300 shares of the company’s stock in a transaction on Friday, August 4th. The stock was purchased at an average price of $41.61 per share, with a total value of $303,753.00. Following the completion of the transaction, the director now owns 2,300 shares of the company’s stock, valued at $95,703. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Energizer Holdings, Inc. (NYSE:ENR) traded down 0.69% during trading on Tuesday, hitting $41.44. 931,586 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $47.50 and its 200 day moving average price is $52.68. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 13.76 and a beta of 0.57. Energizer Holdings, Inc. has a 12-month low of $40.98 and a 12-month high of $60.07.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.06. The firm had revenue of $372 million during the quarter, compared to analyst estimates of $390.88 million. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 EPS. Equities analysts forecast that Energizer Holdings, Inc. will post $2.90 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Thursday, August 17th. Energizer Holdings’s dividend payout ratio (DPR) is 36.54%.
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A number of equities analysts have weighed in on the stock. Jefferies Group LLC reiterated a “hold” rating and issued a $54.00 price target (down from $62.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Zacks Investment Research lowered shares of Energizer Holdings from a “buy” rating to a “hold” rating in a research report on Monday. Royal Bank Of Canada reiterated a “buy” rating and issued a $60.00 price target on shares of Energizer Holdings in a research report on Thursday, June 8th. BidaskClub lowered shares of Energizer Holdings from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Finally, Morgan Stanley lowered shares of Energizer Holdings from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $58.00 to $61.00 in a research report on Wednesday, April 19th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $53.86.
Institutional investors have recently bought and sold shares of the stock. Flinton Capital Management LLC raised its stake in shares of Energizer Holdings by 69.1% in the first quarter. Flinton Capital Management LLC now owns 12,256 shares of the company’s stock valued at $683,000 after buying an additional 5,008 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Energizer Holdings during the first quarter valued at approximately $2,354,000. Capital One National Association acquired a new position in Energizer Holdings during the first quarter valued at approximately $529,000. Louisiana State Employees Retirement System increased its position in Energizer Holdings by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 15,600 shares of the company’s stock valued at $870,000 after buying an additional 300 shares during the period. Finally, Elkfork Partners LLC increased its position in Energizer Holdings by 69.1% in the first quarter. Elkfork Partners LLC now owns 26,044 shares of the company’s stock valued at $1,452,000 after buying an additional 10,642 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.
Energizer Holdings Company Profile
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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