Bank of Montreal Can raised its position in shares of Energizer Holdings Inc (NYSE:ENR) by 11.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,276 shares of the company’s stock after acquiring an additional 3,272 shares during the period. Bank of Montreal Can’s holdings in Energizer were worth $1,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Louisiana State Employees Retirement System raised its holdings in shares of Energizer by 1.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $755,000 after acquiring an additional 300 shares in the last quarter. M&T Bank Corp raised its holdings in Energizer by 5.8% during the 2nd quarter. M&T Bank Corp now owns 7,316 shares of the company’s stock valued at $347,000 after buying an additional 400 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in Energizer by 0.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 79,414 shares of the company’s stock valued at $2,402,000 after buying an additional 454 shares during the period. Jane Street Group LLC raised its holdings in Energizer by 4.6% during the 1st quarter. Jane Street Group LLC now owns 16,092 shares of the company’s stock valued at $486,000 after buying an additional 712 shares during the period. Finally, Brinker Capital Inc. raised its holdings in Energizer by 8.2% during the 2nd quarter. Brinker Capital Inc. now owns 9,608 shares of the company’s stock valued at $456,000 after buying an additional 729 shares during the period. 89.38% of the stock is currently owned by institutional investors and hedge funds.
ENR opened at $40.08 on Wednesday. Energizer Holdings Inc has a 12-month low of $26.60 and a 12-month high of $53.84. The business’s fifty day simple moving average is $46.38 and its 200-day simple moving average is $42.98. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of -250.50, a PEG ratio of 2.32 and a beta of 1.22. The company has a current ratio of 1.64, a quick ratio of 1.12 and a debt-to-equity ratio of 8.43.
Energizer (NYSE:ENR) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.09). Energizer had a net margin of 0.16% and a return on equity of 42.46%. The company had revenue of $658.00 million for the quarter, compared to the consensus estimate of $640.27 million. During the same period in the previous year, the business earned $0.37 EPS. Energizer’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities research analysts predict that Energizer Holdings Inc will post 2.52 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Thursday, August 20th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date was Wednesday, August 19th. Energizer’s payout ratio is currently 40.00%.
Several analysts recently weighed in on the company. Morgan Stanley decreased their price target on Energizer from $56.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Barclays reiterated a “buy” rating on shares of Energizer in a research note on Friday, August 7th. JPMorgan Chase & Co. increased their target price on Energizer from $43.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Royal Bank of Canada reiterated a “buy” rating and issued a $53.00 target price on shares of Energizer in a research note on Thursday, August 6th. Finally, SunTrust Banks increased their target price on Energizer from $45.00 to $55.00 in a research note on Monday, July 27th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $49.91.
In related news, Director Robert V. Vitale acquired 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $45.21 per share, with a total value of $90,420.00. Following the completion of the transaction, the director now directly owns 15,225 shares in the company, valued at $688,322.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is owned by company insiders.
Energizer Company Profile
Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.
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