Schwab Charles Investment Management Inc. cut its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 13.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 412,506 shares of the company’s stock after selling 64,688 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.67% of Energizer worth $18,996,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ENR. Janney Montgomery Scott LLC raised its position in shares of Energizer by 12.7% during the second quarter. Janney Montgomery Scott LLC now owns 5,015 shares of the company’s stock worth $241,000 after purchasing an additional 565 shares during the period. Great West Life Assurance Co. Can raised its position in shares of Energizer by 2.4% during the second quarter. Great West Life Assurance Co. Can now owns 36,984 shares of the company’s stock worth $1,775,000 after purchasing an additional 865 shares during the period. IFP Advisors Inc grew its holdings in shares of Energizer by 7.1% during the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock valued at $125,000 after buying an additional 172 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Energizer by 1.2% during the second quarter. Arizona State Retirement System now owns 26,100 shares of the company’s stock valued at $1,253,000 after buying an additional 300 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of Energizer by 3.0% during the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after buying an additional 144 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Energizer Holdings Inc (NYSE ENR) opened at $47.98 on Wednesday. The company has a debt-to-equity ratio of 11.50, a current ratio of 1.75 and a quick ratio of 1.21. Energizer Holdings Inc has a 52 week low of $40.64 and a 52 week high of $60.07. The company has a market capitalization of $2,897.15, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.61 and a beta of 0.59.

Energizer (NYSE:ENR) last issued its earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. Energizer had a return on equity of 291.65% and a net margin of 11.48%. The firm had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. equities research analysts forecast that Energizer Holdings Inc will post 3.06 EPS for the current fiscal year.

The company 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. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.16 dividend on an annualized basis and a yield of 2.42%. This is an increase from Energizer’s previous quarterly dividend of $0.28. Energizer’s payout ratio is 36.02%.

A number of brokerages have recently weighed in on ENR. KeyCorp set a $55.00 price target on Energizer and gave the company a “buy” rating in a report on Saturday, November 25th. Jefferies Group reiterated a “hold” rating and set a $47.00 price target on shares of Energizer in a report on Wednesday, November 8th. Morgan Stanley lowered their price target on Energizer from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Zacks Investment Research upgraded Energizer from a “hold” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a report on Tuesday, October 17th. Finally, Citigroup lowered their price target on Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Energizer has an average rating of “Hold” and a consensus target price of $51.88.

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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.

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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