Marshall Wace LLP Has $3.44 Million Stake in Energizer Holdings, Inc. (NYSE:ENR)

Marshall Wace LLP lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 906.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,660 shares of the company's stock after purchasing an additional 88,862 shares during the quarter. Marshall Wace LLP owned 0.14% of Energizer worth $3,442,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of Energizer by 100.9% during the 3rd quarter. Barclays PLC now owns 139,890 shares of the company's stock worth $4,443,000 after buying an additional 70,254 shares during the last quarter. SkyView Investment Advisors LLC raised its holdings in Energizer by 2.9% during the third quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company's stock worth $583,000 after acquiring an additional 513 shares in the last quarter. Tidal Investments LLC boosted its position in Energizer by 48.9% during the third quarter. Tidal Investments LLC now owns 13,659 shares of the company's stock valued at $434,000 after purchasing an additional 4,487 shares during the last quarter. Principal Financial Group Inc. grew its stake in Energizer by 4.6% in the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company's stock valued at $27,369,000 after purchasing an additional 37,713 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company's stock worth $27,000 after purchasing an additional 356 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. UBS Group cut their price objective on Energizer from $36.00 to $28.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $38.00 price target on shares of Energizer in a research note on Thursday, January 30th. Canaccord Genuity Group lowered their price objective on shares of Energizer from $36.00 to $31.00 and set a "hold" rating on the stock in a research note on Wednesday, April 23rd. Truist Financial cut their target price on shares of Energizer from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, Barclays lowered their price target on Energizer from $32.00 to $27.00 and set an "equal weight" rating on the stock in a research report on Friday, April 11th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $33.75.

Energizer Price Performance

Shares of ENR traded down $0.25 during trading hours on Thursday, hitting $26.79. 104,990 shares of the company were exchanged, compared to its average volume of 605,629. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. Energizer Holdings, Inc. has a fifty-two week low of $25.42 and a fifty-two week high of $39.52. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 34.00 and a beta of 0.92. The firm's fifty day moving average is $28.74 and its 200 day moving average is $32.51.

Energizer (NYSE:ENR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. The firm had revenue of $731.70 million for the quarter, compared to the consensus estimate of $726.23 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The business's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.59 earnings per share. On average, equities analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.20 annualized dividend and a yield of 4.48%. Energizer's dividend payout ratio is currently 151.90%.

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.