Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. bought 60,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were purchased at an average price of $20.25 per share, with a total value of $1,215,000.00. Following the completion of the acquisition, the insider directly owned 7,940,000 shares in the company, valued at $160,785,000. This trade represents a 0.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Friday, July 17th, Aqua Capital, Ltd. purchased 40,000 shares of Energizer stock. The shares were acquired at an average cost of $20.48 per share, for a total transaction of $819,200.00.
- On Monday, July 20th, Aqua Capital, Ltd. acquired 60,000 shares of Energizer stock. The stock was acquired at an average cost of $20.02 per share, with a total value of $1,201,200.00.
- On Friday, July 10th, Aqua Capital, Ltd. acquired 40,000 shares of Energizer stock. The stock was acquired at an average price of $20.67 per share, with a total value of $826,800.00.
- On Thursday, July 9th, Aqua Capital, Ltd. acquired 20,000 shares of Energizer stock. The stock was acquired at an average price of $20.34 per share, with a total value of $406,800.00.
- On Tuesday, July 7th, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were acquired at an average cost of $20.81 per share, for a total transaction of $832,400.00.
- On Monday, June 22nd, Aqua Capital, Ltd. purchased 40,000 shares of Energizer stock. The stock was acquired at an average cost of $21.10 per share, with a total value of $844,000.00.
- On Thursday, June 18th, Aqua Capital, Ltd. purchased 40,000 shares of Energizer stock. The stock was acquired at an average price of $21.54 per share, with a total value of $861,600.00.
- On Wednesday, June 3rd, Aqua Capital, Ltd. acquired 35,686 shares of Energizer stock. The shares were bought at an average cost of $18.44 per share, for a total transaction of $658,049.84.
- On Monday, June 1st, Aqua Capital, Ltd. acquired 38,006 shares of Energizer stock. The stock was bought at an average price of $18.21 per share, for a total transaction of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. bought 43,380 shares of Energizer stock. The stock was bought at an average price of $16.81 per share, with a total value of $729,217.80.
Energizer Trading Down 1.9%
NYSE:ENR opened at $21.00 on Friday. Energizer Holdings, Inc. has a 12-month low of $15.75 and a 12-month high of $30.29. The firm has a market cap of $1.44 billion, a PE ratio of 7.69 and a beta of 0.75. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. The stock has a fifty day moving average price of $20.36 and a 200 day moving average price of $19.80.
Energizer Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Wednesday, August 19th. Energizer’s dividend payout ratio is presently 43.96%.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. UBS Group raised their price objective on shares of Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Barclays lifted their price objective on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group dropped their target price on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $24.00.
Read Our Latest Research Report on Energizer
Institutional Trading of Energizer
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENR. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Energizer in the 3rd quarter valued at $47,000. PNC Financial Services Group Inc. boosted its stake in Energizer by 51.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after acquiring an additional 644 shares in the last quarter. Aster Capital Management DIFC Ltd boosted its stake in Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after acquiring an additional 1,240 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Energizer by 25.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after purchasing an additional 503 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Energizer by 70.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,898 shares of the company’s stock valued at $62,000 after purchasing an additional 1,198 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Company 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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