Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. bought 35,686 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was purchased at an average cost of $18.44 per share, with a total value of $658,049.84. Following the completion of the transaction, the insider owned 7,235,686 shares in the company, valued at approximately $133,426,049.84. This trade represents a 0.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Monday, June 1st, Aqua Capital, Ltd. purchased 38,006 shares of Energizer stock. The shares were purchased at an average cost of $18.21 per share, for a total transaction of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. purchased 43,380 shares of Energizer stock. The shares were purchased at an average cost of $16.81 per share, for a total transaction of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. purchased 81,609 shares of Energizer stock. The shares were purchased at an average cost of $16.18 per share, for a total transaction of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. purchased 4,200 shares of Energizer stock. The shares were purchased at an average cost of $18.85 per share, for a total transaction of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. purchased 1,643 shares of Energizer stock. The shares were purchased at an average cost of $18.90 per share, for a total transaction of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The shares were purchased at an average cost of $17.47 per share, for a total transaction of $251,078.84.
Energizer Trading Up 3.1%
ENR opened at $19.46 on Friday. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 7.13 and a beta of 0.78. Energizer Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29. The business’s 50 day moving average is $18.20 and its two-hundred day moving average is $19.40. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08.
Energizer Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Energizer’s dividend payout ratio (DPR) is currently 43.96%.
Wall Street Analysts Forecast Growth
ENR has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. JPMorgan Chase & Co. decreased their price target on Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Barclays decreased their price target on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. UBS Group lifted their price target on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $23.14.
Check Out Our Latest Research Report on Energizer
Hedge Funds Weigh In On Energizer
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $55,583,000 after buying an additional 2,792,643 shares in the last quarter. Armistice Capital LLC purchased a new position in Energizer during the fourth quarter worth $20,606,000. Medina Value Partners LLC purchased a new position in Energizer during the third quarter worth $17,141,000. LSV Asset Management increased its position in Energizer by 24.5% during the third quarter. LSV Asset Management now owns 3,436,574 shares of the company’s stock worth $85,536,000 after buying an additional 675,426 shares in the last quarter. Finally, Kettle Hill Capital Management LLC increased its position in Energizer by 438.2% during the third quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after buying an additional 450,921 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.
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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