Insider Selling: Energizer Holdings Inc (ENR) VP Sells 7,500 Shares of Stock

Energizer Holdings Inc (NYSE:ENR) VP Emily K. Boss sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the transaction, the vice president now directly owns 9,708 shares of the company’s stock, valued at $543,648. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Energizer Holdings Inc (NYSE ENR) traded down $1.56 on Thursday, hitting $52.92. 1,080,000 shares of the stock traded hands, compared to its average volume of 1,160,000. The company has a market cap of $3,170.00 and a PE ratio of 19.75. Energizer Holdings Inc has a one year low of $40.64 and a one year high of $62.86. The company has a quick ratio of 1.39, a current ratio of 1.90 and a debt-to-equity ratio of 29.02.

Energizer (NYSE:ENR) last released its earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.12. Energizer had a net margin of 10.54% and a return on equity of 407.85%. The business had revenue of $573.30 million during the quarter, compared to analysts’ expectations of $566.50 million. During the same period last year, the business earned $1.51 earnings per share. The firm’s revenue was up 2.4% on a year-over-year basis. equities research analysts forecast that Energizer Holdings Inc will post 3.39 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be paid a $0.29 dividend. The ex-dividend date is Friday, February 16th. This represents a $1.16 annualized dividend and a dividend yield of 2.19%. Energizer’s dividend payout ratio is presently 43.28%.

Large investors have recently added to or reduced their stakes in the stock. DORCHESTER WEALTH MANAGEMENT Co bought a new position in shares of Energizer in the third quarter valued at $4,743,000. Bank of New York Mellon Corp grew its stake in shares of Energizer by 2.3% in the third quarter. Bank of New York Mellon Corp now owns 824,888 shares of the company’s stock valued at $37,986,000 after buying an additional 18,881 shares in the last quarter. State Street Corp grew its stake in shares of Energizer by 1.9% in the second quarter. State Street Corp now owns 1,787,608 shares of the company’s stock valued at $85,841,000 after buying an additional 33,625 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Energizer by 425.5% in the third quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock valued at $29,528,000 after buying an additional 519,184 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Energizer by 6.1% in the third quarter. Sei Investments Co. now owns 79,806 shares of the company’s stock valued at $3,675,000 after buying an additional 4,614 shares in the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on ENR shares. KeyCorp set a $55.00 price target on shares of Energizer and gave the stock a “buy” rating in a research note on Monday, October 16th. SunTrust Banks raised their price target on shares of Energizer to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Zacks Investment Research raised shares of Energizer from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research note on Wednesday, January 10th. Deutsche Bank raised shares of Energizer from a “hold” rating to a “buy” rating and decreased their price target for the stock from $50.00 to $49.00 in a research note on Thursday, January 4th. Finally, Citigroup decreased their price target on shares of Energizer from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $59.22.

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About Energizer

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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