Cubist Systematic Strategies LLC Has $7.04 Million Stake in Energizer Holdings, Inc. (NYSE:ENR)

Cubist Systematic Strategies LLC lifted its position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 133.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,698 shares of the company's stock after buying an additional 115,353 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.28% of Energizer worth $7,037,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Inspire Investing LLC grew its stake in shares of Energizer by 166.3% in the fourth quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock valued at $1,210,000 after buying an additional 21,667 shares in the last quarter. Vista Investment Partners LLC bought a new position in shares of Energizer in the fourth quarter valued at $553,000. Smartleaf Asset Management LLC grew its stake in shares of Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after buying an additional 753 shares in the last quarter. KBC Group NV grew its stake in shares of Energizer by 5,308.0% in the fourth quarter. KBC Group NV now owns 89,664 shares of the company's stock valued at $3,128,000 after buying an additional 88,006 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Energizer by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,023,083 shares of the company's stock worth $35,695,000 after purchasing an additional 80,163 shares during the period. 93.74% of the stock is owned by institutional investors.

Energizer Stock Performance

Shares of Energizer stock traded down $0.01 during trading on Tuesday, reaching $22.86. The company's stock had a trading volume of 1,270,145 shares, compared to its average volume of 645,783. The business's 50-day moving average price is $27.68 and its 200-day moving average price is $32.04. The firm has a market cap of $1.65 billion, a PE ratio of 28.94 and a beta of 0.77. Energizer Holdings, Inc. has a 52 week low of $21.49 and a 52 week high of $39.52. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.68 by ($0.01). The company had revenue of $662.90 million during the quarter, compared to analyst estimates of $670.85 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. Equities analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date is Wednesday, May 21st. Energizer's dividend payout ratio (DPR) is presently 164.38%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ENR. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. UBS Group reduced their price objective on shares of Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. JPMorgan Chase & Co. reduced their price objective on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Truist Financial reduced their price objective on shares of Energizer from $40.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, StockNews.com cut shares of Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $31.50.

Insider Activity at Energizer

In other Energizer news, CEO Mark Stephen Lavigne bought 4,000 shares of the stock in a transaction on Friday, May 9th. The stock was purchased at an average price of $21.67 per share, with a total value of $86,680.00. Following the completion of the purchase, the chief executive officer now owns 277,645 shares in the company, valued at $6,016,567.15. The trade was a 1.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.98% of the stock is owned by insiders.

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.