Energizer Holdings, Inc. (NYSE:ENR) Shares Acquired by Northern Trust Corp

Northern Trust Corp lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 795,006 shares of the company's stock after purchasing an additional 76,761 shares during the period. Northern Trust Corp owned about 1.10% of Energizer worth $27,738,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of ENR. GAMMA Investing LLC increased its position in shares of Energizer by 86.4% in the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company's stock valued at $27,000 after buying an additional 356 shares in the last quarter. Russell Investments Group Ltd. grew its stake in 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 acquiring an additional 360 shares during the period. OneDigital Investment Advisors LLC grew its stake in Energizer by 2.3% in the 4th quarter. OneDigital Investment Advisors LLC now owns 16,935 shares of the company's stock valued at $591,000 after acquiring an additional 386 shares during the period. Sanctuary Advisors LLC increased its holdings in Energizer by 4.2% in the 4th quarter. Sanctuary Advisors LLC now owns 9,800 shares of the company's stock worth $335,000 after acquiring an additional 392 shares in the last quarter. Finally, Bank of Montreal Can raised its position in Energizer by 4.1% during the fourth quarter. Bank of Montreal Can now owns 11,978 shares of the company's stock worth $418,000 after acquiring an additional 470 shares during the period. Institutional investors and hedge funds own 93.74% of the company's stock.

Insiders Place Their Bets

In related news, Director Patrick J. Moore acquired 10,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $23.10 per share, with a total value of $231,000.00. Following the transaction, the director now owns 15,000 shares of the company's stock, valued at approximately $346,500. This trade represents a 200.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mark Stephen Lavigne bought 4,000 shares of the business's stock in a transaction on Friday, May 9th. The stock was purchased at an average cost of $21.67 per share, for a total transaction 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. This trade represents a 1.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.98% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on ENR shares. 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. UBS Group decreased their price target on shares of Energizer from $28.00 to $26.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. JPMorgan Chase & Co. lowered their price objective on Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $38.00 target price on shares of Energizer in a research report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $31.63.

Energizer Price Performance

ENR traded down $0.08 during trading on Friday, reaching $23.68. The company's stock had a trading volume of 214,886 shares, compared to its average volume of 718,219. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 29.97 and a beta of 0.77. The firm has a fifty day simple moving average of $27.23 and a two-hundred day simple moving average of $31.85. Energizer Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $39.51. 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 (NYSE:ENR - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.68 by ($0.01). The company 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 business's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 EPS. As a group, analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The company also recently disclosed 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 5.07%. The ex-dividend date is Wednesday, May 21st. Energizer's payout ratio is currently 164.38%.

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.