Deutsche Bank AG Has $2.35 Million Stock Position in Energizer Holdings, Inc. (NYSE:ENR)

Deutsche Bank AG increased its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 48.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 67,460 shares of the company's stock after buying an additional 22,145 shares during the period. Deutsche Bank AG owned about 0.09% of Energizer worth $2,354,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of ENR. Smartleaf Asset Management LLC increased its position in Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock worth $54,000 after buying an additional 753 shares during the period. Russell Investments Group Ltd. grew its position in shares of 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 acquiring an additional 360 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Energizer in the 4th quarter worth about $82,000. Hager Investment Management Services LLC acquired a new stake in shares of Energizer in the 4th quarter worth about $102,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in Energizer in the 4th quarter valued at about $112,000. Institutional investors own 93.74% of the company's stock.

Insider Buying and Selling

In related news, CEO Mark Stephen Lavigne acquired 4,000 shares of Energizer stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost of $21.67 per share, with a total value of $86,680.00. Following the purchase, the chief executive officer now directly owns 277,645 shares in the company, valued at $6,016,567.15. The trade was a 1.46% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Donal L. Mulligan bought 10,000 shares of Energizer stock in a transaction dated Monday, May 19th. The shares were bought at an average cost of $23.66 per share, with a total value of $236,600.00. Following the completion of the acquisition, the director now owns 10,000 shares of the company's stock, valued at $236,600. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 25,000 shares of company stock worth $578,140. Corporate insiders own 0.98% of the company's stock.

Energizer Price Performance

Shares of ENR stock traded down $0.04 during mid-day trading on Wednesday, hitting $23.26. 53,737 shares of the stock traded hands, compared to its average volume of 724,784. Energizer Holdings, Inc. has a twelve month low of $21.49 and a twelve month high of $39.51. 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 company's 50-day simple moving average is $26.15 and its 200-day simple moving average is $31.32. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 29.44 and a beta of 0.77.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.67 earnings per share 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 firm had revenue of $662.90 million for the quarter, compared to the consensus estimate of $670.85 million. During the same period in the prior year, the business earned $0.72 EPS. The company's quarterly revenue was down .1% compared to the same quarter last year. As a group, equities research analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Wednesday, May 21st. Energizer's payout ratio is 164.38%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Barclays upped their target price on shares of Energizer from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Friday, May 16th. Canaccord Genuity Group decreased their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a report on Wednesday, May 7th. Wall Street Zen cut Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Truist Financial reduced their price target on Energizer from $40.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, JPMorgan Chase & Co. decreased their price target on Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $31.63.

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.