Energizer Holdings Inc (NYSE:ENR) was the target of some unusual options trading on Monday. Traders purchased 1,142 put options on the stock. This is an increase of 1,976% compared to the typical volume of 55 put options.
In other news, VP Emily K. Boss sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total value of $420,000.00. Following the completion of the sale, the vice president now directly owns 9,708 shares of the company’s stock, valued at approximately $543,648. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.79% of the stock is owned by company insiders.
Hedge funds have recently modified their holdings of the stock. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in shares of Energizer during the 3rd quarter worth approximately $4,743,000. Bank of New York Mellon Corp lifted its stake in shares of Energizer by 2.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 824,888 shares of the company’s stock worth $37,986,000 after acquiring an additional 18,881 shares during the last quarter. State Street Corp increased its holdings in Energizer by 1.9% during the 2nd quarter. State Street Corp now owns 1,787,608 shares of the company’s stock worth $85,841,000 after purchasing an additional 33,625 shares during the period. American Century Companies Inc. increased its holdings in Energizer by 425.5% during the 3rd quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock worth $29,528,000 after purchasing an additional 519,184 shares during the period. Finally, Sei Investments Co. increased its holdings in Energizer by 6.1% during the 3rd quarter. Sei Investments Co. now owns 79,806 shares of the company’s stock worth $3,675,000 after purchasing an additional 4,614 shares during the period. 97.23% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised Energizer from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research note on Wednesday, January 10th. Citigroup lowered Energizer from a “buy” rating to a “neutral” rating and raised their price objective for the company from $52.00 to $64.00 in a research note on Wednesday, January 17th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Energizer in a research note on Thursday, February 1st. KeyCorp reaffirmed a “buy” rating and issued a $64.00 price objective (up from $55.00) on shares of Energizer in a research note on Wednesday, January 17th. Finally, SunTrust Banks raised their price objective on Energizer to $70.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $59.22.
Shares of Energizer (ENR) opened at $53.35 on Wednesday. Energizer has a one year low of $40.64 and a one year high of $62.86. The company has a current ratio of 1.90, a quick ratio of 1.39 and a debt-to-equity ratio of 29.02. The stock has a market capitalization of $3,200.00 and a P/E ratio of 19.83.
Energizer (NYSE:ENR) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.43 by $0.12. Energizer had a return on equity of 274.69% and a net margin of 9.40%. The firm had revenue of $573.30 million during the quarter, compared to analyst estimates of $566.50 million. During the same period last year, the company earned $1.51 EPS. Energizer’s quarterly revenue was up 2.4% compared to the same quarter last year. analysts anticipate that Energizer will post 3.39 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, February 16th. Energizer’s dividend payout ratio is currently 43.12%.
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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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