Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Energizer Holdings, Inc. (NYSE:ENR)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 134,727 shares of the company's stock, valued at approximately $4,701,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.19% of Energizer as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ENR. Millennium Management LLC increased its position in shares of Energizer by 66.7% during the fourth quarter. Millennium Management LLC now owns 1,240,038 shares of the company's stock valued at $43,265,000 after acquiring an additional 496,146 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Energizer during the fourth quarter valued at approximately $11,718,000. Brandywine Global Investment Management LLC purchased a new stake in shares of Energizer during the fourth quarter valued at approximately $7,685,000. Balyasny Asset Management L.P. increased its position in shares of Energizer by 427.7% during 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 last quarter. Finally, Norges Bank purchased a new stake in shares of Energizer during the fourth quarter valued at approximately $7,277,000. Institutional investors own 93.74% of the company's stock.

Energizer Stock Performance

Shares of NYSE ENR traded down $0.44 during mid-day trading on Thursday, hitting $22.04. The company had a trading volume of 859,281 shares, compared to its average volume of 676,077. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 27.90 and a beta of 0.77. Energizer Holdings, Inc. has a 1 year low of $21.41 and a 1 year high of $39.52. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. The stock's 50-day moving average price is $25.17 and its 200-day moving average price is $30.79.

Energizer (NYSE:ENR - Get Free Report) last posted its 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 business had revenue of $662.90 million for the quarter, compared to analysts' expectations of $670.85 million. During the same quarter in the previous year, the firm earned $0.72 earnings per share. Energizer's quarterly revenue was down .1% compared to the same quarter last year. On average, sell-side analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.44%. The ex-dividend date is Wednesday, May 21st. Energizer's payout ratio is 164.38%.

Insider Buying and Selling

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

Analysts Set New Price Targets

A number of analysts recently commented on the company. UBS Group decreased their price target on Energizer from $28.00 to $26.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. Barclays increased their price target on Energizer from $25.00 to $26.00 and gave the company an "equal weight" rating in a research report on Friday, May 16th. Wall Street Zen downgraded Energizer from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. decreased their target price on Energizer from $36.00 to $30.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Finally, 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. Seven investment analysts have rated the stock with a hold rating and two have assigned 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.

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.