Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 35,686 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average price of $18.44 per share, for a total transaction of $658,049.84. Following the completion of the purchase, the insider owned 7,235,686 shares in the company, valued at $133,426,049.84. This trade represents a 0.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Monday, June 1st, Aqua Capital, Ltd. acquired 38,006 shares of Energizer stock. The shares were bought at an average price of $18.21 per share, for a total transaction of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. acquired 43,380 shares of Energizer stock. The shares were bought at an average price of $16.81 per share, for a total transaction of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The shares were bought at an average price of $16.18 per share, for a total transaction of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. acquired 4,200 shares of Energizer stock. The shares were bought at an average price of $18.85 per share, for a total transaction of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. acquired 1,643 shares of Energizer stock. The shares were bought at an average price of $18.90 per share, for a total transaction of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. acquired 14,372 shares of Energizer stock. The shares were bought at an average price of $17.47 per share, for a total transaction of $251,078.84.
Energizer Stock Performance
NYSE:ENR opened at $19.46 on Monday. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. Energizer Holdings, Inc. has a 52-week low of $15.75 and a 52-week high of $30.29. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 7.13 and a beta of 0.78. The business’s fifty day moving average is $18.20 and its 200 day moving average is $19.37.
Energizer Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Wednesday, May 20th. Energizer’s dividend payout ratio is currently 43.96%.
Wall Street Analysts Forecast Growth
ENR has been the topic of a number of research analyst reports. UBS Group upped their target price on Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. decreased their target price on Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $24.00 target price on Energizer in a research note on Monday, February 9th. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Energizer presently has an average rating of “Hold” and a consensus price target of $23.14.
Check Out Our Latest Research Report on ENR
Hedge Funds Weigh In On Energizer
A number of hedge funds and other institutional investors have recently modified their holdings of ENR. AQR Capital Management LLC boosted its holdings in shares of Energizer by 20.0% in the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after purchasing an additional 18,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Energizer by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock worth $1,280,000 after purchasing an additional 1,857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Energizer by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock worth $5,299,000 after purchasing an additional 13,216 shares in the last quarter. Norges Bank purchased a new position in shares of Energizer in the 2nd quarter worth about $387,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Energizer in the 2nd quarter worth about $586,000. 93.74% of the stock is currently owned by hedge funds and other institutional investors.
About Energizer
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
Recommended Stories
- Five stocks we like better than Energizer
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.
