OneDigital Investment Advisors LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 37,493 shares of the company’s stock, valued at approximately $804,000. OneDigital Investment Advisors LLC owned approximately 0.05% of Energizer as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in ENR. AQR Capital Management LLC raised its holdings in shares of Energizer by 20.0% during the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after acquiring an additional 18,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energizer by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after purchasing an additional 1,857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Energizer by 8.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock worth $5,299,000 after purchasing an additional 13,216 shares during the last quarter. Norges Bank acquired a new stake in Energizer during the second quarter worth about $387,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Energizer during the second quarter worth about $586,000. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Stock Down 0.0%
Shares of NYSE ENR opened at $22.36 on Wednesday. The stock has a market cap of $1.53 billion, a P/E ratio of 18.95 and a beta of 0.75. The business’s fifty day simple moving average is $21.25 and its 200-day simple moving average is $19.92. Energizer Holdings, Inc. has a 12-month low of $15.75 and a 12-month high of $30.29. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22.
Energizer Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 annualized dividend and a yield of 5.4%. Energizer’s payout ratio is 101.69%.
Analyst Ratings Changes
A number of research analysts recently commented on the company. Canaccord Genuity Group set a $18.00 price objective on Energizer in a report on Wednesday, August 5th. Barclays raised their target price on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised their price objective on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, UBS Group boosted their price objective on shares of Energizer from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Energizer has a consensus rating of “Reduce” and a consensus price target of $21.83.
Read Our Latest Stock Analysis on ENR
Insiders Place Their Bets
In other Energizer news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of the business’s stock in a transaction dated Thursday, July 23rd. The shares were acquired at an average cost of $20.25 per share, with a total value of $1,215,000.00. Following the acquisition, the insider directly owned 7,940,000 shares of the company’s stock, valued at $160,785,000. The trade was a 0.76% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders purchased a total of 457,072 shares of company stock valued at $9,086,357 in the last three months. 1.63% of the stock is currently owned by insiders.
Energizer 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.
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