Capital Insight Partners LLC Purchases 924 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Capital Insight Partners LLC grew its position in Energizer Holdings, Inc. (NYSE:ENR) by 11.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,126 shares of the company’s stock after purchasing an additional 924 shares during the quarter. Capital Insight Partners LLC’s holdings in Energizer were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp bought a new position in shares of Energizer during the third quarter worth $32,000. Ancora Advisors LLC bought a new position in shares of Energizer during the first quarter worth $37,000. Signaturefd LLC boosted its position in shares of Energizer by 35.3% during the third quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock worth $44,000 after acquiring an additional 361 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Energizer by 107.4% during the first quarter. Captrust Financial Advisors now owns 2,014 shares of the company’s stock worth $62,000 after acquiring an additional 1,043 shares during the last quarter. Finally, Belpointe Asset Management LLC boosted its position in shares of Energizer by 42.4% during the first quarter. Belpointe Asset Management LLC now owns 1,836 shares of the company’s stock worth $64,000 after acquiring an additional 547 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Price Performance

Energizer stock opened at $27.86 on Friday. The company has a quick ratio of 1.15, a current ratio of 2.03 and a debt-to-equity ratio of 19.36. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 21.59 and a beta of 1.06. The firm’s fifty day moving average is $29.50 and its 200 day moving average is $31.00. Energizer Holdings, Inc. has a 52-week low of $27.55 and a 52-week high of $37.32.

Energizer (NYSE:ENR) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The firm had revenue of $716.60 million for the quarter, compared to analysts’ expectations of $710.73 million. During the same quarter last year, the company earned $0.72 EPS. The firm’s revenue for the quarter was down 6.3% compared to the same quarter last year. Sell-side analysts forecast that Energizer Holdings, Inc. will post 3.2 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.31%. Energizer’s dividend payout ratio is presently 93.02%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays upped their target price on shares of Energizer from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus price target of $35.67.

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.