Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. bought 60,000 shares of the stock in a transaction on Monday, July 20th. The stock was purchased at an average cost of $20.02 per share, with a total value of $1,201,200.00. Following the acquisition, the insider owned 7,820,000 shares in the company, valued at approximately $156,556,400. This represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Friday, July 17th, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were bought at an average cost of $20.48 per share, with a total value of $819,200.00.
- On Thursday, July 23rd, Aqua Capital, Ltd. acquired 60,000 shares of Energizer stock. The stock was bought at an average cost of $20.25 per share, for a total transaction of $1,215,000.00.
- On Friday, July 10th, Aqua Capital, Ltd. acquired 40,000 shares of Energizer stock. The stock was acquired at an average cost of $20.67 per share, with a total value of $826,800.00.
- On Thursday, July 9th, Aqua Capital, Ltd. purchased 20,000 shares of Energizer stock. The stock was bought at an average price of $20.34 per share, with a total value of $406,800.00.
- On Tuesday, July 7th, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The stock was purchased at an average price of $20.81 per share, with a total value of $832,400.00.
- On Monday, June 22nd, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were acquired at an average cost of $21.10 per share, with a total value of $844,000.00.
- On Thursday, June 18th, Aqua Capital, Ltd. purchased 40,000 shares of Energizer stock. The stock was acquired at an average cost of $21.54 per share, for a total transaction of $861,600.00.
- On Wednesday, June 3rd, Aqua Capital, Ltd. bought 35,686 shares of Energizer stock. The stock was purchased at an average price of $18.44 per share, with a total value of $658,049.84.
- On Monday, June 1st, Aqua Capital, Ltd. acquired 38,006 shares of Energizer stock. The stock was acquired 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 shares were bought at an average cost of $16.81 per share, with a total value of $729,217.80.
Energizer Trading Down 1.9%
Shares of Energizer stock opened at $21.00 on Friday. The stock has a market capitalization of $1.44 billion, a P/E ratio of 7.69 and a beta of 0.75. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. The stock’s 50-day simple moving average is $20.36 and its 200 day simple moving average is $19.80. Energizer Holdings, Inc. has a 52-week low of $15.75 and a 52-week high of $30.29.
Energizer Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. Energizer’s dividend payout ratio is 43.96%.
Institutional Trading of Energizer
A number of hedge funds have recently modified their holdings of ENR. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Energizer by 148,623.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock valued at $55,583,000 after purchasing an additional 2,792,643 shares during the last quarter. Armistice Capital LLC bought a new stake in shares of Energizer in the 4th quarter worth approximately $20,606,000. Janus Henderson Group PLC grew its stake in shares of Energizer by 1,561.6% in the 1st quarter. Janus Henderson Group PLC now owns 453,952 shares of the company’s stock worth $7,454,000 after buying an additional 426,632 shares during the last quarter. MAC Alpha Capital Management LP purchased a new stake in shares of Energizer in the 4th quarter worth approximately $8,330,000. Finally, Clarkston Capital Partners LLC increased its position in 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. Institutional investors own 93.74% of the company’s stock.
Wall Street Analysts Forecast Growth
ENR has been the topic of several analyst reports. Barclays lifted their target price on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their price target on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Canaccord Genuity Group lowered their price objective on shares of Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, UBS Group increased their target price on shares of Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Energizer has an average rating of “Hold” and a consensus price target of $24.00.
Check Out Our Latest Report on Energizer
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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