Segall Bryant & Hamill LLC Purchases Shares of 53,085 Energizer Holdings, Inc. (NYSE:ENR)

Segall Bryant & Hamill LLC bought a new position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 53,085 shares of the company's stock, valued at approximately $1,588,000. Segall Bryant & Hamill LLC owned approximately 0.07% of Energizer as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ENR. Millennium Management LLC increased its position in shares of Energizer by 66.7% during the 4th quarter. Millennium Management LLC now owns 1,240,038 shares of the company's stock worth $43,265,000 after purchasing an additional 496,146 shares in the last quarter. Brandywine Global Investment Management LLC acquired a new stake in shares of Energizer in the fourth quarter valued at approximately $7,685,000. Balyasny Asset Management L.P. increased its holdings in Energizer by 427.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 269,901 shares of the company's stock worth $9,417,000 after buying an additional 218,759 shares during the last quarter. Norges Bank bought a new position in Energizer during the fourth quarter worth $7,277,000. Finally, JPMorgan Chase & Co. boosted its position in Energizer by 76.4% during the fourth quarter. JPMorgan Chase & Co. now owns 414,473 shares of the company's stock worth $14,461,000 after purchasing an additional 179,521 shares during the period. 93.74% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Analyst Ratings Changes

A number of brokerages recently issued reports on ENR. Barclays dropped their price objective on shares of Energizer from $26.00 to $24.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. Truist Financial cut their price objective on shares of Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. JPMorgan Chase & Co. lowered their target price on Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Canaccord Genuity Group lowered their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating on the stock in a research note on Wednesday, May 7th. Finally, UBS Group reduced their target price on Energizer from $26.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, July 17th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $31.00.

Energizer Stock Performance

Shares of Energizer stock traded up $0.53 during trading on Wednesday, hitting $24.24. 982,584 shares of the company's stock traded hands, compared to its average volume of 758,428. The company has a debt-to-equity ratio of 23.56, a current ratio of 1.86 and a quick ratio of 0.86. Energizer Holdings, Inc. has a 1 year low of $19.70 and a 1 year high of $39.52. The stock has a market capitalization of $1.75 billion, a P/E ratio of 33.21 and a beta of 0.63. The business has a 50-day simple moving average of $22.01 and a 200-day simple moving average of $27.20.

Energizer (NYSE:ENR - Get Free Report) last issued 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). The business had revenue of $662.90 million for the quarter, compared to the consensus estimate of $670.85 million. Energizer had a net margin of 1.87% and a return on equity of 184.22%. The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the business posted $0.72 EPS. As a group, analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend was Wednesday, May 21st. Energizer's 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.