Stifel Financial Corp cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 48.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,952 shares of the company’s stock after selling 58,951 shares during the period. Stifel Financial Corp owned about 0.10% of Energizer Holdings worth $2,972,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Alps Advisors Inc. lifted its position in shares of Energizer Holdings by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock worth $416,000 after purchasing an additional 22 shares during the last quarter. Advisor Group Inc. lifted its position in shares of Energizer Holdings by 1.3% during the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after purchasing an additional 50 shares during the last quarter. Synovus Financial Corp lifted its position in shares of Energizer Holdings by 1.7% during the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock worth $243,000 after purchasing an additional 85 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Energizer Holdings by 3.0% during the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock worth $238,000 after purchasing an additional 144 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Energizer Holdings by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.
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Energizer Holdings, Inc. (NYSE:ENR) opened at 47.88 on Friday. The company has a market cap of $2.96 billion, a PE ratio of 15.90 and a beta of 0.60. The firm has a 50-day moving average of $46.20 and a 200-day moving average of $46.20. Energizer Holdings, Inc. has a one year low of $41.97 and a one year high of $56.37.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.06. The business had revenue of $372.00 million for the quarter, compared to analysts’ expectations of $390.88 million. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 earnings per share. On average, analysts predict that Energizer Holdings, Inc. will post $2.91 EPS for the current year.
Several equities analysts have recently commented on ENR shares. Deutsche Bank AG reaffirmed a “hold” rating and set a $55.00 price target (down previously from $62.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Zacks Investment Research raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Monday, July 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $60.00 price target on shares of Energizer Holdings in a research report on Wednesday, August 16th. Citigroup Inc. reaffirmed a “buy” rating and set a $54.00 price target on shares of Energizer Holdings in a research report on Wednesday, August 23rd. Finally, BidaskClub cut shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, June 29th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Energizer Holdings currently has an average rating of “Hold” and an average target price of $53.88.
In other Energizer Holdings news, Director Robert V. Vitale bought 7,300 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were acquired at an average price of $41.61 per share, with a total value of $303,753.00. Following the completion of the purchase, the director now directly owns 2,300 shares in the company, valued at approximately $95,703. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Timothy W. Gorman bought 6,300 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average cost of $42.26 per share, for a total transaction of $266,238.00. Following the purchase, the chief financial officer now owns 20,974 shares of the company’s stock, valued at $886,361.24. The disclosure for this purchase can be found here. In the last three months, insiders purchased 31,212 shares of company stock worth $1,297,839. 1.73% of the stock is currently owned by insiders.
Energizer Holdings Company Profile
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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