Energizer Holdings Inc (NYSE:ENR) shares rose 5.5% during trading on Thursday . The stock traded as high as $51.84 and last traded at $51.05. Approximately 1,932,146 shares traded hands during trading, an increase of 65% from the average daily volume of 1,172,815 shares. The stock had previously closed at $48.40.

ENR has been the topic of several research analyst reports. Zacks Investment Research lowered Energizer from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Off Wall Street initiated coverage on Energizer in a research report on Monday, October 30th. They set a “sell” rating on the stock. KeyCorp set a $55.00 price target on Energizer and gave the stock a “buy” rating in a research report on Monday, October 16th. Citigroup cut their price target on Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, November 10th. Finally, Deutsche Bank raised Energizer from a “hold” rating to a “buy” rating and cut their price target for the stock from $50.00 to $49.00 in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $51.88.

The stock has a market cap of $3,057.03, a PE ratio of 17.13, a P/E/G ratio of 1.70 and a beta of 0.59. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50.

Energizer (NYSE:ENR) last announced its earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. Energizer had a return on equity of 291.65% and a net margin of 11.48%. The company had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. During the same period last year, the business posted $0.54 EPS. The company’s revenue was up 7.5% on a year-over-year basis. research analysts expect that Energizer Holdings Inc will post 3.05 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th were paid a $0.29 dividend. This is an increase from Energizer’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Wednesday, November 29th. Energizer’s dividend payout ratio (DPR) is 36.02%.

Several hedge funds have recently made changes to their positions in the business. BlackRock Inc. grew its stake in shares of Energizer by 29.7% in the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock valued at $327,486,000 after purchasing an additional 1,561,447 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Energizer by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock valued at $250,740,000 after purchasing an additional 28,652 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Energizer by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,804,646 shares of the company’s stock valued at $174,519,000 after purchasing an additional 299,862 shares during the last quarter. Neuberger Berman Group LLC grew its stake in shares of Energizer by 11.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,993,563 shares of the company’s stock valued at $137,854,000 after purchasing an additional 304,730 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its stake in shares of Energizer by 77.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

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Energizer 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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