Illinois Municipal Retirement Fund Invests $1.23 Million in Energizer Holdings, Inc. (NYSE:ENR)

Illinois Municipal Retirement Fund acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 38,946 shares of the company's stock, valued at approximately $1,234,000. Illinois Municipal Retirement Fund owned about 0.05% of Energizer at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ENR. SG Americas Securities LLC bought a new position in Energizer during the third quarter worth $503,000. State of Alaska Department of Revenue lifted its stake in Energizer by 402.5% during the third quarter. State of Alaska Department of Revenue now owns 41,391 shares of the company's stock worth $1,326,000 after purchasing an additional 33,154 shares during the last quarter. Maryland State Retirement & Pension System bought a new position in Energizer during the third quarter worth $785,000. Raymond James Financial Services Advisors Inc. lifted its stake in Energizer by 2.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 16,695 shares of the company's stock worth $535,000 after purchasing an additional 324 shares during the last quarter. Finally, Miracle Mile Advisors LLC lifted its stake in Energizer by 6.4% during the third quarter. Miracle Mile Advisors LLC now owns 12,076 shares of the company's stock worth $387,000 after purchasing an additional 729 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Performance

Shares of NYSE ENR traded up $0.11 during midday trading on Friday, reaching $28.51. 273,815 shares of the company traded hands, compared to its average volume of 442,953. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $37.32. The stock has a 50-day moving average price of $28.48 and a 200 day moving average price of $30.63. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 22.10 and a beta of 1.06.

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

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Wednesday, February 21st were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date was Tuesday, February 20th. Energizer's dividend payout ratio is currently 93.02%.

Wall Street Analysts Forecast Growth

ENR has been the subject of several analyst reports. Barclays reduced their price target on shares of Energizer from $36.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, April 12th. StockNews.com downgraded shares of Energizer from a "buy" rating to a "hold" rating in a report on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $35.00.

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.