Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 4,200 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was acquired at an average price of $18.85 per share, with a total value of $79,170.00. Following the acquisition, the insider directly owned 7,025,215 shares of the company’s stock, valued at approximately $132,425,302.75. This represents a 0.06% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own more than 10% 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 Tuesday, April 14th, Aqua Capital, Ltd. purchased 1,643 shares of Energizer stock. The shares were purchased at an average price of $18.90 per share, with a total value of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. bought 14,372 shares of Energizer stock. The shares were acquired at an average cost of $17.47 per share, for a total transaction of $251,078.84.
Energizer Trading Up 1.6%
NYSE:ENR opened at $19.57 on Friday. The stock’s 50 day moving average price is $19.27 and its 200 day moving average price is $20.79. The company has a market capitalization of $1.34 billion, a PE ratio of 6.59 and a beta of 0.71. The company has a quick ratio of 1.07, a current ratio of 1.99 and a debt-to-equity ratio of 23.49. Energizer Holdings, Inc. has a 52-week low of $16.00 and a 52-week high of $30.29.
Energizer Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.1%. The ex-dividend date was Wednesday, February 18th. Energizer’s dividend payout ratio (DPR) is 40.40%.
Hedge Funds Weigh In On Energizer
Several large investors have recently bought and sold shares of the stock. Jackson Creek Investment Advisors LLC acquired a new position in shares of Energizer in the 3rd quarter worth approximately $1,240,000. Kettle Hill Capital Management LLC grew its position in Energizer by 438.2% during the 3rd quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares in the last quarter. NewSquare Capital LLC grew its position in Energizer by 110.0% during the 3rd quarter. NewSquare Capital LLC now owns 233,892 shares of the company’s stock worth $5,822,000 after purchasing an additional 122,530 shares in the last quarter. WBI Investments LLC purchased a new position in Energizer during the third quarter valued at approximately $1,572,000. Finally, Medina Value Partners LLC purchased a new position in Energizer during the third quarter valued at approximately $17,141,000. Institutional investors and hedge funds own 93.74% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. JPMorgan Chase & Co. upped their price target on shares of Energizer from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Morgan Stanley set a $24.00 price target on shares of Energizer in a report on Monday, February 9th. Finally, Barclays raised their price target on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Energizer presently has an average rating of “Hold” and a consensus target price of $23.86.
Check Out Our Latest Analysis on Energizer
Energizer Company Profile
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.
Further Reading
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