Pflug Koory LLC lessened its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 10.7% during the second quarter, HoldingsChannel.com reports. The firm owned 9,602 shares of the company’s stock after selling 1,150 shares during the quarter. Pflug Koory LLC’s holdings in Energizer were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its position in shares of Energizer by 108.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after purchasing an additional 579 shares in the last quarter. CX Institutional acquired a new position in shares of Energizer during the 1st quarter worth approximately $33,000. Public Employees Retirement System of Ohio acquired a new position in shares of Energizer during the 4th quarter worth approximately $43,000. Curat Global LLC acquired a new position in shares of Energizer during the 1st quarter worth approximately $53,000. Finally, GAMMA Investing LLC grew its position in shares of Energizer by 306.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,563 shares of the company’s stock worth $52,000 after purchasing an additional 1,933 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Price Performance
Shares of NYSE:ENR opened at $24.76 on Friday. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 7.13 and a beta of 0.62. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. The firm has a 50 day simple moving average of $27.39 and a 200 day simple moving average of $25.35. Energizer Holdings, Inc. has a one year low of $19.70 and a one year high of $39.51.
Energizer Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Thursday, August 21st were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 annualized dividend and a yield of 4.8%. Energizer’s dividend payout ratio is presently 34.58%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on ENR shares. Barclays increased their target price on shares of Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Truist Financial upped their price target on shares of Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen downgraded shares of Energizer from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a report on Saturday, September 27th. Finally, JPMorgan Chase & Co. upped their price target on shares of Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $31.43.
Check Out Our Latest Report on Energizer
Energizer Company Profile
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.
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