Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. purchased 40,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average price of $21.54 per share, for a total transaction of $861,600.00. Following the completion of the acquisition, the insider owned 7,300,000 shares of the company’s stock, valued at $157,242,000. The trade was a 0.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Wednesday, June 3rd, Aqua Capital, Ltd. bought 35,686 shares of Energizer stock. The shares were purchased at an average cost of $18.44 per share, for a total transaction of $658,049.84.
- On Monday, June 1st, Aqua Capital, Ltd. bought 38,006 shares of Energizer stock. The shares were purchased at an average cost of $18.21 per share, for a total transaction of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. bought 43,380 shares of Energizer stock. The stock was acquired at an average price of $16.81 per share, for a total transaction of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. bought 81,609 shares of Energizer stock. The stock was acquired at an average cost of $16.18 per share, with a total value of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. bought 4,200 shares of Energizer stock. The stock was acquired at an average cost of $18.85 per share, with a total value of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. purchased 1,643 shares of Energizer stock. The shares were acquired at an average cost of $18.90 per share, with a total value of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The shares were acquired at an average price of $17.47 per share, for a total transaction of $251,078.84.
Energizer Stock Down 2.1%
ENR stock opened at $21.07 on Tuesday. The stock’s fifty day simple moving average is $18.94 and its two-hundred day simple moving average is $19.55. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. Energizer Holdings, Inc. has a 1-year low of $15.75 and a 1-year high of $30.29. The stock has a market cap of $1.44 billion, a P/E ratio of 7.72 and a beta of 0.78.
Energizer Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 5.7%. Energizer’s payout ratio is currently 43.96%.
Hedge Funds Weigh In On Energizer
Large investors have recently modified their holdings of the business. Clarkston Capital Partners LLC lifted its stake in shares of Energizer by 9.7% during the 4th quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after buying an additional 372,465 shares in the last quarter. LSV Asset Management boosted its holdings in Energizer by 3.4% in the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock worth $70,679,000 after buying an additional 116,900 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Energizer by 148,623.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock valued at $55,583,000 after buying an additional 2,792,643 shares in the last quarter. State Street Corp grew its stake in Energizer by 0.5% in the 4th quarter. State Street Corp now owns 2,490,608 shares of the company’s stock valued at $49,538,000 after buying an additional 13,200 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Energizer by 16.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock valued at $46,717,000 after acquiring an additional 323,363 shares during the period. Hedge funds and other institutional investors own 93.74% of the company’s stock.
Analysts Set New Price Targets
ENR has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. UBS Group increased their price objective on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Barclays decreased their target price on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Finally, Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus target price of $23.14.
Check Out Our Latest Analysis on ENR
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.
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