Gotham Asset Management LLC Has $1.17 Million Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Gotham Asset Management LLC increased its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 48.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,571 shares of the company's stock after purchasing an additional 10,983 shares during the period. Gotham Asset Management LLC's holdings in Energizer were worth $1,171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ENR. Raymond James Financial Inc. bought a new stake in Energizer in the fourth quarter valued at $11,718,000. Brandywine Global Investment Management LLC bought a new stake in Energizer in the fourth quarter valued at $7,685,000. Balyasny Asset Management L.P. grew its position in Energizer by 427.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 269,901 shares of the company's stock valued at $9,417,000 after acquiring an additional 218,759 shares during the period. Norges Bank bought a new stake in Energizer in the fourth quarter valued at $7,277,000. Finally, JPMorgan Chase & Co. grew its position in Energizer by 76.4% in the fourth quarter. JPMorgan Chase & Co. now owns 414,473 shares of the company's stock valued at $14,461,000 after acquiring an additional 179,521 shares during the period. 93.74% of the stock is currently owned by institutional investors.

Energizer Trading Up 0.4%

Shares of ENR traded up $0.08 during trading hours on Friday, hitting $22.90. 766,160 shares of the stock traded hands, compared to its average volume of 657,950. 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 1-year low of $21.49 and a 1-year high of $39.52. The firm has a market capitalization of $1.65 billion, a PE ratio of 28.99 and a beta of 0.77. The business has a fifty day moving average of $26.43 and a 200-day moving average of $31.47.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly 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 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 analyst estimates of $670.85 million. During the same period last year, the company earned $0.72 EPS. The company's revenue was down .1% compared to the same quarter last year. Analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Wednesday, May 21st. Energizer's dividend payout ratio is currently 164.38%.

Analyst Upgrades and Downgrades

ENR has been the topic of a number of analyst reports. Wall Street Zen cut Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. UBS Group lowered their price target on Energizer from $28.00 to $26.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. Truist Financial decreased their target price on Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Royal Bank of Canada restated a "sector perform" rating and set a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. Finally, Barclays increased their target price on Energizer from $25.00 to $26.00 and gave the stock an "equal weight" rating in a report on Friday, May 16th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $31.63.

Insider Transactions at Energizer

In other news, CEO Mark Stephen Lavigne bought 4,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average price of $21.67 per share, with a total value of $86,680.00. Following the transaction, the chief executive officer now owns 277,645 shares in the company, valued at $6,016,567.15. This represents a 1.46% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Patrick J. Moore bought 10,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average cost of $23.10 per share, for a total transaction of $231,000.00. Following the transaction, the director now owns 15,000 shares in the company, valued at $346,500. The trade was a 200.00% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 25,000 shares of company stock valued at $578,140 over the last 90 days. 0.98% of the stock is owned by company insiders.

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.