Traub Capital Management LLC bought a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm bought 12,710 shares of the company’s stock, valued at approximately $256,000.
Several other hedge funds have also recently added to or reduced their stakes in ENR. LSV Asset Management lifted its position in shares of Energizer by 18.6% during the 2nd quarter. LSV Asset Management now owns 2,761,148 shares of the company’s stock valued at $55,665,000 after acquiring an additional 433,324 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Energizer by 65.5% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 254,646 shares of the company’s stock worth $5,134,000 after acquiring an additional 100,759 shares during the last quarter. Creative Planning raised its position in shares of Energizer by 173.8% during the second quarter. Creative Planning now owns 51,628 shares of the company’s stock worth $1,041,000 after purchasing an additional 32,772 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Energizer by 7.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,867 shares of the company’s stock valued at $340,000 after purchasing an additional 1,146 shares during the last quarter. Finally, M&G PLC increased its stake in Energizer by 23.0% in the 2nd quarter. M&G PLC now owns 321,720 shares of the company’s stock worth $6,434,000 after purchasing an additional 60,228 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Stock Performance
Shares of ENR stock opened at $19.48 on Wednesday. Energizer Holdings, Inc. has a fifty-two week low of $17.65 and a fifty-two week high of $39.51. The stock’s 50-day moving average is $25.14 and its two-hundred day moving average is $24.42. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. The firm has a market cap of $1.33 billion, a P/E ratio of 5.61 and a beta of 0.63.
Energizer Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 25th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Energizer’s dividend payout ratio is 34.58%.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Zacks Research downgraded shares of Energizer from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Wall Street Zen downgraded Energizer from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Morgan Stanley reduced their price objective on Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Energizer in a research note on Tuesday, October 14th. Finally, UBS Group reduced their price target on shares of Energizer from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Energizer presently has an average rating of “Hold” and a consensus target price of $28.00.
Get Our Latest Report on Energizer
Energizer 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.
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