Energizer Holdings, Inc. (NYSE:ENR) Stock Holdings Lifted by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 230.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,215 shares of the company's stock after purchasing an additional 38,520 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.08% of Energizer worth $1,749,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ENR. Ancora Advisors LLC acquired a new position in Energizer in the first quarter valued at $37,000. Jones Financial Companies Lllp acquired a new position in Energizer in the third quarter valued at $32,000. Signaturefd LLC boosted its holdings in Energizer by 35.3% in the third quarter. Signaturefd LLC now owns 1,384 shares of the company's stock valued at $44,000 after acquiring an additional 361 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in Energizer by 42.4% in the first quarter. Belpointe Asset Management LLC now owns 1,836 shares of the company's stock valued at $64,000 after acquiring an additional 547 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Energizer by 107.4% in the first quarter. Captrust Financial Advisors now owns 2,014 shares of the company's stock valued at $62,000 after acquiring an additional 1,043 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on ENR shares. Barclays reduced their price objective on Energizer from $36.00 to $32.00 and set an "overweight" rating on the stock in a research note on Friday. StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a research note on Wednesday, February 7th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $35.00.

Energizer Stock Down 0.4 %

Shares of ENR traded down $0.12 during midday trading on Friday, reaching $27.43. 440,284 shares of the company were exchanged, compared to its average volume of 504,136. The stock has a 50-day moving average price of $29.07 and a 200-day moving average price of $30.81. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 21.26 and a beta of 1.06. Energizer Holdings, Inc. has a 1-year low of $27.31 and a 1-year high of $37.32. The company has a current ratio of 2.03, a quick ratio of 1.15 and a debt-to-equity ratio of 19.36.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. Energizer had a return on equity of 123.29% and a net margin of 3.21%. The business had revenue of $716.60 million for the quarter, compared to analyst estimates of $710.73 million. During the same period in the previous year, the company earned $0.72 earnings per share. The company's revenue for the quarter was down 6.3% compared to the same quarter last year. Research analysts expect that Energizer Holdings, Inc. will post 3.21 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Wednesday, February 21st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date was Tuesday, February 20th. Energizer's payout ratio is 93.02%.

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.