M&G PLC Acquires 60,228 Shares of Energizer Holdings, Inc. $ENR

M&G PLC boosted its stake in Energizer Holdings, Inc. (NYSE:ENR) by 23.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 321,720 shares of the company’s stock after purchasing an additional 60,228 shares during the period. M&G PLC owned about 0.47% of Energizer worth $6,434,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Energizer by 1.8% in the first quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock valued at $281,906,000 after purchasing an additional 170,017 shares in the last quarter. Clarkston Capital Partners LLC increased its position in shares of Energizer by 3.2% during the 1st quarter. Clarkston Capital Partners LLC now owns 4,205,935 shares of the company’s stock valued at $125,842,000 after purchasing an additional 128,730 shares during the last quarter. LSV Asset Management raised its position in Energizer by 28.4% in the first quarter. LSV Asset Management now owns 2,327,824 shares of the company’s stock worth $69,648,000 after acquiring an additional 515,124 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in Energizer by 58.8% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock valued at $62,658,000 after purchasing an additional 775,221 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its stake in shares of Energizer by 1.9% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,407,793 shares of the company’s stock worth $42,121,000 after acquiring an additional 26,454 shares during the period. 93.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. UBS Group reduced their target price on Energizer from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Energizer in a research report on Tuesday, October 14th. Wall Street Zen lowered Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. Finally, Truist Financial upped their price objective on shares of Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $31.00.

Energizer Trading Down 0.0%

ENR opened at $24.36 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. Energizer Holdings, Inc. has a 52 week low of $19.70 and a 52 week high of $39.51. The stock has a market cap of $1.66 billion, a PE ratio of 7.02 and a beta of 0.63. The business has a 50 day moving average of $25.60 and a 200-day moving average of $24.55.

Energizer (NYSE:ENR) last posted its quarterly earnings data on Wednesday, December 4th. The company reported $0.64 earnings per share (EPS) for the quarter. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The business had revenue of $684.10 million during the quarter. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $1.20 annualized dividend and a yield of 4.9%. Energizer’s payout ratio is presently 34.58%.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.