Energizer Holdings, Inc. (NYSE:ENR) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in Energizer Holdings, Inc. (NYSE:ENR) by 92.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,669 shares of the company’s stock after purchasing an additional 27,183 shares during the quarter. BNP Paribas Financial Markets owned about 0.08% of Energizer worth $1,800,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC increased its stake in shares of Energizer by 307.1% in the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock worth $32,000 after acquiring an additional 820 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of Energizer in the third quarter valued at about $42,000. Canada Pension Plan Investment Board acquired a new stake in Energizer during the second quarter worth about $65,000. Avior Wealth Management LLC raised its stake in Energizer by 22.4% during the third quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock worth $65,000 after purchasing an additional 376 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in Energizer by 2,650.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after purchasing an additional 4,399 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Stock Down 2.4 %

Energizer stock opened at $37.88 on Friday. The firm has a market capitalization of $2.72 billion, a P/E ratio of 72.85 and a beta of 1.06. The stock’s fifty day simple moving average is $34.15 and its 200-day simple moving average is $31.27. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.51. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 23.51.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is presently 230.77%.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several research firms have recently commented on ENR. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. raised Energizer from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $32.00 to $39.00 in a research report on Wednesday, November 20th. Morgan Stanley upped their target price on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Canaccord Genuity Group lifted their price target on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Finally, Truist Financial boosted their price target on shares of Energizer from $40.00 to $45.00 and gave the company 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 assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $37.63.

About Energizer

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.