Capstone Asset Management Co. Has $330,000 Stake in Energizer Holdings, Inc. (NYSE:ENR)
Capstone Asset Management Co. boosted its position in Energizer Holdings, Inc. (NYSE:ENR) by 3.6% during the second quarter, Holdings Channel reports. The fund owned 6,882 shares of the company’s stock after buying an additional 240 shares during the period. Capstone Asset Management Co.’s holdings in Energizer Holdings were worth $330,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. BlackRock Inc. increased its stake in Energizer Holdings by 12,028.5% in the first quarter. BlackRock Inc. now owns 5,258,322 shares of the company’s stock worth $293,151,000 after buying an additional 5,214,967 shares during the last quarter. Vanguard Group Inc. increased its stake in Energizer Holdings by 5.3% in the first quarter. Vanguard Group Inc. now owns 5,192,923 shares of the company’s stock valued at $289,506,000 after buying an additional 263,305 shares in the last quarter. Bank of America Corp DE increased its stake in Energizer Holdings by 28.2% in the first quarter. Bank of America Corp DE now owns 1,525,675 shares of the company’s stock valued at $85,056,000 after buying an additional 336,062 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Energizer Holdings by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,074,092 shares of the company’s stock valued at $59,881,000 after buying an additional 28,152 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Energizer Holdings by 6.7% in the first quarter. Bank of New York Mellon Corp now owns 799,244 shares of the company’s stock valued at $44,558,000 after buying an additional 50,196 shares in the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.
Energizer Holdings, Inc. (NYSE:ENR) traded up 1.41% during trading on Friday, reaching $41.72. 530,766 shares of the company’s stock were exchanged. The stock has a market cap of $2.58 billion, a PE ratio of 13.85 and a beta of 0.57. Energizer Holdings, Inc. has a 12 month low of $40.98 and a 12 month high of $60.07. The firm has a 50 day moving average of $46.39 and a 200-day moving average of $52.47.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.06. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm had revenue of $372 million during the quarter, compared to the consensus estimate of $390.88 million. During the same period last year, the company earned $0.32 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post $2.90 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.275 per share. The ex-dividend date is Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.67%. Energizer Holdings’s payout ratio is presently 36.54%.
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Several research analysts have issued reports on the stock. Jefferies Group LLC raised their price target on shares of Energizer Holdings from $54.00 to $60.00 and gave the stock a “hold” rating in a report on Wednesday, April 19th. Morgan Stanley lowered shares of Energizer Holdings from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $58.00 to $61.00 in a research note on Wednesday, April 19th. They noted that the move was a valuation call. Royal Bank Of Canada lowered their price objective on shares of Energizer Holdings from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday, May 5th. Zacks Investment Research lowered shares of Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, BidaskClub lowered shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $53.86.
In related news, Director Robert V. Vitale purchased 7,300 shares of Energizer Holdings stock in a transaction dated Friday, August 4th. The stock was purchased at an average cost of $41.61 per share, for a total transaction of $303,753.00. Following the completion of the acquisition, the director now directly owns 2,300 shares of the company’s stock, valued at $95,703. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 1.73% of the stock is owned by company insiders.
Energizer Holdings Company Profile
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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