Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC raised its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 114,502 shares of the company’s stock after acquiring an additional 382 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.16% of Energizer worth $3,382,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in ENR. Capital Insight Partners LLC lifted its stake in Energizer by 2.5% during the second quarter. Capital Insight Partners LLC now owns 13,284 shares of the company’s stock worth $392,000 after purchasing an additional 330 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Energizer by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 19,091 shares of the company’s stock worth $564,000 after buying an additional 353 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Energizer by 1.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 33,600 shares of the company’s stock valued at $993,000 after buying an additional 500 shares in the last quarter. Harvest Investment Advisors LLC boosted its holdings in shares of Energizer by 1.6% in the 4th quarter. Harvest Investment Advisors LLC now owns 38,211 shares of the company’s stock valued at $1,211,000 after buying an additional 588 shares in the last quarter. Finally, Swiss National Bank raised its stake in Energizer by 0.5% during the 1st quarter. Swiss National Bank now owns 134,525 shares of the company’s stock worth $3,960,000 after acquiring an additional 700 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ENR shares. Evercore ISI decreased their price objective on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. JPMorgan Chase & Co. raised their price target on Energizer from $28.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 7th. Barclays boosted their price objective on Energizer from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and raised their target price for the stock from $30.00 to $40.00 in a research report on Tuesday, August 27th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Energizer currently has an average rating of “Hold” and a consensus target price of $34.38.

Energizer Price Performance

Shares of NYSE:ENR opened at $29.24 on Tuesday. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 24.57 and a beta of 1.04. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. The business’s 50 day simple moving average is $30.32 and its 200-day simple moving average is $29.32. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $36.72.

Energizer (NYSE:ENR) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.67 by $0.12. Energizer had a net margin of 0.35% and a return on equity of 137.24%. The business had revenue of $701.40 million for the quarter, compared to analyst estimates of $704.86 million. During the same period in the prior year, the business earned $0.54 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. As a group, equities analysts forecast that Energizer Holdings, Inc. will post 3.27 earnings per share for the current fiscal year.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Thursday, August 22nd will be given a $0.30 dividend. The ex-dividend date is Thursday, August 22nd. This represents a $1.20 annualized dividend and a dividend yield of 4.10%. Energizer’s dividend payout ratio is currently 100.84%.

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.