Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 135,439 shares of the company's stock after selling 19,203 shares during the quarter. Jane Street Group LLC owned about 0.19% of Energizer worth $4,725,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENR. GAMMA Investing LLC increased its stake in shares of Energizer by 86.4% in the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company's stock worth $27,000 after acquiring an additional 356 shares during the last quarter. Russell Investments Group Ltd. increased its position in Energizer by 21.6% during the fourth quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock worth $71,000 after purchasing an additional 360 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in Energizer by 2.3% during the fourth quarter. OneDigital Investment Advisors LLC now owns 16,935 shares of the company's stock worth $591,000 after purchasing an additional 386 shares during the period. Sanctuary Advisors LLC boosted its holdings in Energizer by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company's stock valued at $335,000 after purchasing an additional 392 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in shares of Energizer by 4.1% in the 4th quarter. Bank of Montreal Can now owns 11,978 shares of the company's stock valued at $418,000 after buying an additional 470 shares during the period. Institutional investors and hedge funds own 93.74% of the company's stock.

Energizer Trading Down 2.7 %

Shares of ENR stock opened at $21.54 on Friday. Energizer Holdings, Inc. has a fifty-two week low of $21.49 and a fifty-two week high of $39.52. The company has a 50 day moving average price of $27.82 and a 200 day moving average price of $32.11. The stock has a market capitalization of $1.56 billion, a P/E ratio of 27.27 and a beta of 0.77. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

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

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.57%. Energizer's payout ratio is 164.38%.

Analysts Set New Price Targets

A number of research analysts recently commented on ENR shares. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Canaccord Genuity Group lowered their price target on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a report on Wednesday. JPMorgan Chase & Co. reduced their price objective on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Truist Financial lowered their target price on shares of Energizer from $40.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Barclays reduced their price target on shares of Energizer from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Energizer currently has an average rating of "Hold" and an average price target of $31.50.

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.

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