Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Fmr LLC

Fmr LLC reduced its stake in Energizer Holdings, Inc. (NYSE:ENR) by 12.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,267,669 shares of the company’s stock after selling 717,780 shares during the period. Fmr LLC owned approximately 7.34% of Energizer worth $167,301,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENR. M&G Plc lifted its holdings in Energizer by 33.0% in the second quarter. M&G Plc now owns 237,337 shares of the company’s stock valued at $7,120,000 after acquiring an additional 58,933 shares during the period. Tidal Investments LLC boosted its holdings in Energizer by 220.3% in the first quarter. Tidal Investments LLC now owns 29,903 shares of the company’s stock valued at $880,000 after acquiring an additional 20,567 shares during the last quarter. Seizert Capital Partners LLC grew its position in Energizer by 29.0% during the third quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock valued at $5,773,000 after acquiring an additional 40,891 shares during the period. Clarkston Capital Partners LLC increased its stake in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after acquiring an additional 533,831 shares during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Energizer by 6.1% in the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock worth $11,363,000 after purchasing an additional 22,100 shares during the period. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on ENR shares. Canaccord Genuity Group increased their target price on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research report on Wednesday, November 20th. Barclays lowered shares of Energizer from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. Morgan Stanley lifted their target price on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, November 20th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Truist Financial boosted their price objective on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Energizer has a consensus rating of “Hold” and an average target price of $37.63.

Energizer Trading Down 1.7 %

Shares of NYSE ENR opened at $38.72 on Wednesday. The stock has a market capitalization of $2.78 billion, a P/E ratio of 74.46 and a beta of 1.06. The stock’s 50 day moving average price is $33.66 and its two-hundred day moving average price is $31.11. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $39.51.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 3.10%. Energizer’s dividend payout ratio is currently 230.77%.

Insider Buying and Selling

In other news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Robin Vauth sold 4,070 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the transaction, the executive vice president now directly owns 9,827 shares in the company, valued at approximately $374,998.32. The trade was a 29.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock worth $334,694 in the last three months. 0.77% of the stock is owned by insiders.

Energizer Company 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.