UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 25,105 Shares of Energizer Holdings, Inc. (NYSE:ENR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 163,876 shares of the company's stock after purchasing an additional 25,105 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.23% of Energizer worth $5,718,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted 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 valued at $71,000 after purchasing an additional 360 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in Energizer by 2.3% in the 4th quarter. OneDigital Investment Advisors LLC now owns 16,935 shares of the company's stock worth $591,000 after purchasing an additional 386 shares in the last quarter. Sanctuary Advisors LLC grew its position in Energizer by 4.2% during the fourth quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company's stock worth $335,000 after buying an additional 392 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Energizer by 4.1% during the fourth quarter. Bank of Montreal Can now owns 11,978 shares of the company's stock worth $418,000 after purchasing an additional 470 shares in the last quarter. Finally, Summit Investment Advisors Inc. raised its position 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 valued at $262,000 after buying an additional 477 shares in the last quarter. Institutional investors own 93.74% of the company's stock.

Insider Activity at Energizer

In other Energizer news, Director Donal L. Mulligan purchased 10,000 shares of the company's stock in a transaction on Monday, May 19th. The stock was acquired at an average cost of $23.66 per share, for a total transaction of $236,600.00. Following the purchase, the director now directly owns 10,000 shares of the company's stock, valued at $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 this link. Also, CEO Mark Stephen Lavigne acquired 4,000 shares of the company's stock in a transaction on Friday, May 9th. The shares were bought at an average cost of $21.67 per share, with a total value of $86,680.00. Following the acquisition, the chief executive officer now directly owns 277,645 shares in the company, valued at approximately $6,016,567.15. The trade was a 1.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 25,000 shares of company stock worth $578,140. Corporate insiders own 0.98% of the company's stock.

Wall Street Analysts Forecast Growth

ENR has been the topic of a number of analyst reports. Canaccord Genuity Group decreased their target price on shares of Energizer from $31.00 to $27.00 and set a "hold" rating on the stock in a research report on Wednesday, May 7th. Barclays lifted their price target on shares of Energizer from $25.00 to $26.00 and gave the company an "equal weight" rating in a report on Friday, May 16th. Truist Financial decreased their target price on Energizer from $40.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Wall Street Zen cut shares of Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. dropped their target price on Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $31.63.

Energizer Stock Performance

Shares of ENR traded down $0.31 during trading hours on Thursday, hitting $22.17. The stock had a trading volume of 487,826 shares, compared to its average volume of 673,323. The firm has a market capitalization of $1.60 billion, a PE ratio of 28.04 and a beta of 0.77. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. Energizer Holdings, Inc. has a 12 month low of $21.41 and a 12 month high of $39.52. The stock has a fifty day moving average price of $25.32 and a 200 day moving average price of $30.88.

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

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be issued 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 yield of 5.41%. Energizer's dividend payout ratio is currently 164.38%.

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.