BlackRock Inc. boosted its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,384,274 shares of the company’s stock after buying an additional 72,563 shares during the period. BlackRock Inc. owned 7.71% of Energizer worth $243,101,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Parkside Financial Bank & Trust increased its position in shares of Energizer by 20.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,250 shares of the company’s stock worth $57,000 after purchasing an additional 215 shares in the last quarter. Arizona State Retirement System increased its position in shares of Energizer by 0.8% during the fourth quarter. Arizona State Retirement System now owns 42,784 shares of the company’s stock worth $1,932,000 after purchasing an additional 344 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Energizer by 4.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 16,843 shares of the company’s stock worth $760,000 after purchasing an additional 775 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Energizer by 4.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 20,295 shares of the company’s stock worth $916,000 after purchasing an additional 839 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Energizer by 0.6% during the fourth quarter. Prudential Financial Inc. now owns 149,000 shares of the company’s stock worth $6,728,000 after purchasing an additional 914 shares in the last quarter. Institutional investors own 78.53% of the company’s stock.
NYSE ENR opened at $46.35 on Friday. The company has a debt-to-equity ratio of 13.86, a quick ratio of 1.10 and a current ratio of 1.45. Energizer Holdings Inc has a 1 year low of $42.74 and a 1 year high of $65.57. The firm has a market capitalization of $3.24 billion, a P/E ratio of 13.75, a PEG ratio of 2.52 and a beta of 0.49.
Energizer (NYSE:ENR) last released its earnings results on Tuesday, February 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.11. Energizer had a return on equity of 452.08% and a net margin of 5.78%. The firm had revenue of $572.00 million for the quarter, compared to the consensus estimate of $572.02 million. During the same period in the prior year, the firm earned $1.55 EPS. The firm’s revenue was down .2% on a year-over-year basis. On average, analysts expect that Energizer Holdings Inc will post 3.02 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, March 18th. Investors of record on Monday, February 25th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Friday, February 22nd. Energizer’s payout ratio is 35.61%.
A number of equities analysts have recently issued reports on the company. Morgan Stanley reduced their price target on Energizer from $64.00 to $58.00 and set a “hold” rating on the stock in a research report on Monday, November 19th. Zacks Investment Research raised Energizer from a “sell” rating to a “hold” rating in a research report on Wednesday, December 12th. ValuEngine downgraded Energizer from a “hold” rating to a “sell” rating in a research report on Tuesday, January 22nd. Evercore ISI assumed coverage on Energizer in a research report on Tuesday, February 12th. They set an “outperform” rating and a $55.00 price target on the stock. Finally, SunTrust Banks reduced their price target on Energizer to $60.00 and set a “buy” rating on the stock in a research report on Monday, November 19th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $59.80.
Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.
Further Reading: Net Margin
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