Greenleaf Trust maintained its stake in shares of Energizer Holdings Inc. (NYSE:ENR) during the second quarter, Holdings Channel reports. The fund owned 7,079 shares of the company’s stock at the end of the second quarter. Greenleaf Trust’s holdings in Energizer Holdings were worth $364,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the stock. Los Angeles Capital Management & Equity Research Inc. raised its position 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. TIAA CREF Investment Management LLC raised its position in Energizer Holdings by 11.3% in the first quarter. TIAA CREF Investment Management LLC now owns 200,868 shares of the company’s stock valued at $8,137,000 after buying an additional 20,356 shares in the last quarter. Prudential Financial Inc. raised its position in Energizer Holdings by 6.7% in the first quarter. Prudential Financial Inc. now owns 40,990 shares of the company’s stock valued at $1,661,000 after buying an additional 2,560 shares in the last quarter. BlackRock Group LTD raised its position in Energizer Holdings by 3.4% in the first quarter. BlackRock Group LTD now owns 92,327 shares of the company’s stock valued at $3,740,000 after buying an additional 3,054 shares in the last quarter. Finally, BlackRock Japan Co. Ltd raised its position in Energizer Holdings by 9.5% in the first quarter. BlackRock Japan Co. Ltd now owns 18,533 shares of the company’s stock valued at $751,000 after buying an additional 1,607 shares in the last quarter. Hedge funds and other institutional investors own 90.18% of the company’s stock.
Energizer Holdings Inc. (NYSE:ENR) traded up 1.18% during midday trading on Thursday, hitting $49.78. 411,269 shares of the stock traded hands. Energizer Holdings Inc. has a 12 month low of $28.85 and a 12 month high of $53.41. The company has a 50-day moving average of $48.03 and a 200-day moving average of $47.04. The stock has a market cap of $3.08 billion, a PE ratio of 23.92 and a beta of 0.52.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $356.69 million. During the same quarter last year, the company earned $0.64 earnings per share. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. On average, equities research analysts anticipate that Energizer Holdings Inc. will post $2.27 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Wednesday, August 17th. Energizer Holdings’s payout ratio is currently 48.31%.
ENR has been the subject of several recent analyst reports. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research report on Tuesday, June 28th. Jefferies Group lifted their price target on Energizer Holdings from $48.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday, August 4th. Goldman Sachs Group Inc. lowered Energizer Holdings from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $50.00 to $52.00 in a research report on Tuesday, July 12th. They noted that the move was a valuation call. Citigroup Inc. initiated coverage on Energizer Holdings in a research report on Friday, June 10th. They issued an “underweight” rating and a $54.00 price target for the company. Finally, SunTrust Banks Inc. boosted their target price on Energizer Holdings from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $52.17.
In related news, VP Emily K. Boss sold 1,865 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $49.56, for a total transaction of $92,429.40. Following the sale, the vice president now owns 1,860 shares of the company’s stock, valued at $92,181.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.37% of the company’s stock.
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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