New York State Teachers Retirement System decreased its stake in shares of Energizer Holdings Inc. (NYSE:ENR) by 4.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,409 shares of the company’s stock after selling 5,900 shares during the period. New York State Teachers Retirement System’s holdings in Energizer Holdings were worth $5,942,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in ENR. Los Angeles Capital Management & Equity Research Inc. raised its stake in Energizer Holdings by 0.3% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 8,970 shares of the company’s stock valued at $363,000 after buying an additional 25 shares in the last quarter. Creative Planning raised its stake in Energizer Holdings by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock valued at $100,000 after buying an additional 230 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its stake in Energizer Holdings by 4.5% in the first quarter. Massmutual Trust Co. FSB ADV now owns 7,610 shares of the company’s stock valued at $308,000 after buying an additional 331 shares in the last quarter. Capstone Asset Management Co. raised its stake in Energizer Holdings by 9.0% in the second quarter. Capstone Asset Management Co. now owns 6,193 shares of the company’s stock valued at $319,000 after buying an additional 511 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in Energizer Holdings by 74.8% in the second quarter. LS Investment Advisors LLC now owns 3,740 shares of the company’s stock valued at $193,000 after buying an additional 1,600 shares in the last quarter. Institutional investors own 90.18% of the company’s stock.
Energizer Holdings Inc. (NYSE:ENR) traded up 2.17% on Friday, hitting $49.96. The stock had a trading volume of 1,399,808 shares. The firm has a market cap of $3.09 billion, a PE ratio of 24.01 and a beta of 0.52. The company has a 50-day moving average price of $48.11 and a 200 day moving average price of $46.81. Energizer Holdings Inc. has a 52-week low of $28.85 and a 52-week high of $53.41.
Energizer Holdings (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.02. Energizer Holdings had a negative return on equity of 565.91% and a net margin of 8.07%. The company had revenue of $361 million for the quarter, compared to analysts’ expectations of $356.69 million. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Energizer Holdings’s revenue was down 3.6% compared to the same quarter last year. Equities analysts forecast that Energizer Holdings Inc. will post $2.27 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 19th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 17th. This represents a $1.00 annualized dividend and a yield of 2.00%. Energizer Holdings’s dividend payout ratio (DPR) is currently 48.31%.
A number of research analysts have issued reports on the company. SunTrust Banks Inc. lifted their price objective on Energizer Holdings from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Goldman Sachs Group Inc. cut Energizer Holdings from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $50.00 to $52.00 in a research note on Tuesday, July 12th. They noted that the move was a valuation call. Zacks Investment Research cut Energizer Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 15th. Citigroup Inc. assumed coverage on Energizer Holdings in a research note on Friday, June 10th. They set an “underweight” rating and a $54.00 price objective for the company. Finally, Jefferies Group reiterated a “hold” rating on shares of Energizer Holdings in a research note on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $52.17.
In related news, VP Emily K. Boss sold 1,865 shares of the stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $49.56, for a total value of $92,429.40. Following the transaction, the vice president now owns 1,860 shares of the company’s stock, valued at $92,181.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.37% of the stock is owned by corporate insiders.
Energizer Holdings Company Profile
Energizer Holdings, Inc, formerly Energizer SpinCo, Inc, manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands, the Company also markets its flashlights under the Hard Case, Dolphin, and Weather Ready sub-brands.
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