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

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 18.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 163,876 shares of the company's stock after acquiring 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 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Millennium Management LLC increased its stake in Energizer by 66.7% in the fourth quarter. Millennium Management LLC now owns 1,240,038 shares of the company's stock valued at $43,265,000 after purchasing an additional 496,146 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Energizer in the 4th quarter valued at $11,718,000. Brandywine Global Investment Management LLC purchased a new position in shares of Energizer in the 4th quarter valued at $7,685,000. Balyasny Asset Management L.P. grew its position in shares of Energizer by 427.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 269,901 shares of the company's stock valued at $9,417,000 after buying an additional 218,759 shares during the last quarter. Finally, Norges Bank acquired a new stake in Energizer during the 4th quarter worth $7,277,000. Hedge funds and other institutional investors own 93.74% of the company's stock.

Insider Buying and Selling

In other Energizer news, Director Patrick J. Moore bought 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $23.10 per share, with a total value of $231,000.00. Following the purchase, the director now owns 15,000 shares in the company, valued at approximately $346,500. The trade was a 200.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark Stephen Lavigne acquired 4,000 shares of the company's stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of $21.67 per share, for a total transaction of $86,680.00. Following the purchase, the chief executive officer now directly owns 277,645 shares of the company's stock, valued at approximately $6,016,567.15. This trade represents a 1.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 25,000 shares of company stock valued at $578,140. 0.98% of the stock is owned by insiders.

Analyst Ratings Changes

ENR has been the subject of several research analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Barclays upped their target price on Energizer from $25.00 to $26.00 and gave the company an "equal weight" rating in a research report on Friday, May 16th. 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, May 8th. Canaccord Genuity Group reduced their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. Finally, UBS Group decreased their price objective on Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Energizer currently has a consensus rating of "Hold" and an average price target of $31.63.

Energizer Stock Performance

ENR traded up $0.38 on Friday, hitting $22.43. 767,134 shares of the company traded hands, compared to its average volume of 677,651. Energizer Holdings, Inc. has a 12-month low of $21.41 and a 12-month high of $39.52. The company has a 50 day moving average of $25.02 and a 200-day moving average of $30.69. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. The stock has a market capitalization of $1.62 billion, a PE ratio of 28.39 and a beta of 0.77.

Energizer (NYSE:ENR - Get Free Report) last released its quarterly earnings results 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 return on equity of 168.16% and a net margin of 2.02%. The company had revenue of $662.90 million for the quarter, compared to analysts' expectations of $670.85 million. During the same quarter last year, the company earned $0.72 EPS. Energizer's revenue for the quarter was down .1% compared to the same quarter last year. Sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.35%. Energizer's payout ratio is 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.