Teza Capital Management LLC Invests $462,000 in Energizer Holdings, Inc. (NYSE:ENR)

Teza Capital Management LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,255 shares of the company's stock, valued at approximately $462,000.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in shares of Energizer by 94.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company's stock valued at $54,000 after buying an additional 753 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Energizer by 21.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock valued at $71,000 after buying an additional 360 shares during the last quarter. R Squared Ltd purchased a new position in shares of Energizer in the 4th quarter valued at $82,000. Hager Investment Management Services LLC purchased a new position in shares of Energizer in the 4th quarter valued at $102,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Energizer in the 4th quarter valued at $112,000. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Stock Performance

Energizer stock traded up $0.08 during midday trading on Friday, hitting $22.90. 766,160 shares of the company's stock were exchanged, compared to its average volume of 659,043. Energizer Holdings, Inc. has a 12-month low of $21.49 and a 12-month high of $39.52. 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 stock has a market cap of $1.65 billion, a price-to-earnings ratio of 28.99 and a beta of 0.77. The firm's 50 day simple moving average is $26.43 and its 200 day simple moving average is $31.46.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $670.85 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.24%. The ex-dividend date is Wednesday, May 21st. Energizer's payout ratio is 164.38%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ENR. Truist Financial dropped their target price on shares of Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen downgraded shares of Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. dropped their target price on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Canaccord Genuity Group lowered their price objective 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. Finally, Barclays raised their price objective 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. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $31.63.

Insider Activity

In other Energizer news, Director Donal L. Mulligan bought 10,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was bought at an average price of $23.66 per share, for a total transaction of $236,600.00. Following the completion of the transaction, the director now owns 10,000 shares in the company, valued at approximately $236,600. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mark Stephen Lavigne bought 4,000 shares of the business's stock in a transaction 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 of the company's stock, valued at $6,016,567.15. The trade was a 1.46% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 25,000 shares of company stock valued at $578,140 over the last quarter. Corporate insiders own 0.98% of the company's stock.

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.