Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 40,000 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was acquired at an average price of $21.10 per share, for a total transaction of $844,000.00. Following the acquisition, the insider owned 7,340,000 shares of the company’s stock, valued at approximately $154,874,000. This trade represents a 0.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Thursday, June 18th, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were acquired at an average price of $21.54 per share, with a total value of $861,600.00.
- On Wednesday, June 3rd, Aqua Capital, Ltd. purchased 35,686 shares of Energizer stock. The stock was bought at an average price of $18.44 per share, for a total transaction of $658,049.84.
- On Monday, June 1st, Aqua Capital, Ltd. acquired 38,006 shares of Energizer stock. The shares were bought at an average cost of $18.21 per share, with a total value of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. acquired 43,380 shares of Energizer stock. The shares were bought at an average price of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The shares were bought at an average price of $16.18 per share, with a total value of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. bought 4,200 shares of Energizer stock. The stock was bought at an average cost of $18.85 per share, for a total transaction of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. bought 1,643 shares of Energizer stock. The stock was bought at an average cost of $18.90 per share, for a total transaction of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The shares were bought at an average price of $17.47 per share, with a total value of $251,078.84.
Energizer Price Performance
Shares of NYSE:ENR opened at $22.35 on Friday. The business has a fifty day moving average price of $19.14 and a 200-day moving average price of $19.64. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The company has a market capitalization of $1.53 billion, a PE ratio of 8.19 and a beta of 0.78. Energizer Holdings, Inc. has a 1-year low of $15.75 and a 1-year high of $30.29.
Energizer Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Wednesday, May 20th. Energizer’s dividend payout ratio is currently 43.96%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on ENR shares. Canaccord Genuity Group reduced their price target on shares of Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research report on Friday, March 27th. Barclays cut their target price on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. JPMorgan Chase & Co. decreased their price target on Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, UBS Group upped their price target on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $23.14.
Read Our Latest Analysis on ENR
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the stock. Kettle Hill Capital Management LLC boosted its position in Energizer by 438.2% in the third quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares during the last quarter. WBI Investments LLC purchased a new stake in shares of Energizer during the 3rd quarter valued at about $1,572,000. NewSquare Capital LLC lifted its stake in shares of Energizer by 110.0% in the 3rd quarter. NewSquare Capital LLC now owns 233,892 shares of the company’s stock worth $5,822,000 after purchasing an additional 122,530 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Energizer by 148,623.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after buying an additional 2,792,643 shares during the last quarter. Finally, Medina Value Partners LLC purchased a new position in shares of Energizer in the third quarter worth approximately $17,141,000. 93.74% of the stock is owned by hedge funds and other institutional investors.
About Energizer
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
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