Sanctuary Advisors LLC Sells 498 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Sanctuary Advisors LLC reduced its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 5.0% in the third quarter, Holdings Channel reports. The fund owned 9,408 shares of the company’s stock after selling 498 shares during the quarter. Sanctuary Advisors LLC’s holdings in Energizer were worth $299,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ENR. 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. LSV Asset Management boosted its holdings in shares of Energizer by 2.0% in the 2nd quarter. LSV Asset Management now owns 1,606,488 shares of the company’s stock worth $47,456,000 after purchasing an additional 31,900 shares during the period. Bank of New York Mellon Corp increased its position in Energizer by 1.6% during the second quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company’s stock valued at $29,651,000 after acquiring an additional 15,982 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Energizer by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after acquiring an additional 19,836 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Energizer by 38.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock worth $25,778,000 after acquiring an additional 240,402 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Stock Down 0.2 %

NYSE:ENR opened at $35.44 on Friday. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. The firm has a market cap of $2.56 billion, a PE ratio of 68.16 and a beta of 1.06. The company has a 50-day moving average of $35.44 and a 200 day moving average of $32.04. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.51.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Wednesday, November 27th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend was Wednesday, November 27th. Energizer’s payout ratio is 230.77%.

Insider Buying and Selling

In other Energizer news, EVP Robin Vauth sold 4,070 shares of Energizer stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.16, for a total value of $155,311.20. Following the transaction, the executive vice president now owns 9,827 shares in the company, valued at $374,998.32. The trade was a 29.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the sale, the vice president now directly owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,860 shares of company stock valued at $334,694 over the last 90 days. Corporate insiders own 0.98% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on ENR shares. Truist Financial increased their price objective on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley upped their price objective on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Barclays downgraded Energizer from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Finally, StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a report on Friday, December 20th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Energizer has a consensus rating of “Hold” and a consensus target price 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.