D. E. Shaw & Co. Inc. Grows Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

D. E. Shaw & Co. Inc. grew its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 180,442 shares of the company's stock after purchasing an additional 22,091 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.25% of Energizer worth $6,296,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC increased its holdings in Energizer by 166.3% during 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 during the last quarter. Vista Investment Partners LLC bought a new stake in shares of Energizer during the 4th quarter valued at $553,000. Smartleaf Asset Management LLC grew its position in shares of Energizer by 94.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after acquiring an additional 753 shares during the period. KBC Group NV increased its stake in shares of Energizer by 5,308.0% in the 4th quarter. KBC Group NV now owns 89,664 shares of the company's stock worth $3,128,000 after purchasing an additional 88,006 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Energizer by 8.5% in the 4th 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. Institutional investors own 93.74% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ENR shares. UBS Group cut their price target on Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Royal Bank of Canada reiterated a "sector perform" rating and set a $38.00 price objective on shares of Energizer in a research note on Thursday, January 30th. Barclays increased their target price on shares of Energizer from $25.00 to $26.00 and gave the stock an "equal weight" rating in a report on Friday, May 16th. JPMorgan Chase & Co. decreased their target price on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Finally, Truist Financial dropped their price target 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. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $31.63.

Insiders Place Their Bets

In other news, Director Donal L. Mulligan acquired 10,000 shares of the business's stock in a transaction dated Monday, May 19th. The stock was purchased at an average price of $23.66 per share, for a total transaction of $236,600.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $236,600. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Stephen Lavigne bought 4,000 shares of Energizer stock in a transaction dated Friday, May 9th. The stock was purchased at an average cost of $21.67 per share, for a total transaction of $86,680.00. Following the completion of the acquisition, the chief executive officer now directly owns 277,645 shares of the company's stock, valued at approximately $6,016,567.15. The trade was a 1.46% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 25,000 shares of company stock worth $578,140 in the last 90 days. 0.98% of the stock is currently owned by corporate insiders.

Energizer Price Performance

ENR traded down $0.06 on Thursday, hitting $22.90. 179,687 shares of the company's stock traded hands, compared to its average volume of 653,062. The company's 50 day simple moving average is $26.73 and its 200-day simple moving average is $31.61. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. Energizer Holdings, Inc. has a one year low of $21.49 and a one year high of $39.52. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 29.01 and a beta of 0.77.

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

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders 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 dividend on an annualized basis and a yield of 5.24%. Energizer's dividend payout ratio is currently 164.38%.

Energizer 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.