Dimensional Fund Advisors LP Increases Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Dimensional Fund Advisors LP boosted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,013,896 shares of the company's stock after acquiring an additional 30,185 shares during the quarter. Dimensional Fund Advisors LP owned about 1.40% of Energizer worth $35,375,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ENR. Marshall Wace LLP lifted its holdings in Energizer by 906.9% during the 4th quarter. Marshall Wace LLP now owns 98,660 shares of the company's stock valued at $3,442,000 after buying an additional 88,862 shares in the last quarter. Walleye Capital LLC raised its position in shares of Energizer by 98.4% in the 4th quarter. Walleye Capital LLC now owns 47,364 shares of the company's stock worth $1,653,000 after acquiring an additional 23,488 shares in the last quarter. XTX Topco Ltd bought a new position in Energizer in the fourth quarter worth about $671,000. Mariner LLC lifted its position in shares of Energizer by 39.1% during the fourth quarter. Mariner LLC now owns 285,016 shares of the company's stock valued at $9,944,000 after buying an additional 80,106 shares during the last quarter. Finally, Summit Investment Advisors Inc. raised its stake in shares of Energizer by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 7,522 shares of the company's stock worth $262,000 after acquiring an additional 477 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on ENR shares. StockNews.com lowered Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Canaccord Genuity Group decreased their price target on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday. Truist Financial dropped their price target on Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday. UBS Group decreased 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. Finally, Barclays lowered their target price on shares of Energizer from $27.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $31.50.

Energizer Stock Performance

NYSE ENR traded down $0.59 during trading hours on Friday, reaching $21.54. The stock had a trading volume of 1,803,152 shares, compared to its average volume of 638,360. Energizer Holdings, Inc. has a 52-week low of $21.49 and a 52-week high of $39.52. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The stock has a market cap of $1.56 billion, a P/E ratio of 27.27 and a beta of 0.77. The stock has a fifty day moving average of $27.82 and a 200 day moving average of $32.11.

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

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be issued a $0.30 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 5.57%. Energizer's dividend payout ratio (DPR) is presently 164.38%.

About Energizer

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.