Sei Investments Co. lowered its position in Energizer Holdings Inc (NYSE:ENR) by 26.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,440 shares of the company’s stock after selling 13,584 shares during the quarter. Sei Investments Co. owned 0.06% of Energizer worth $2,357,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Dupont Capital Management Corp lifted its position in Energizer by 33.3% in the 1st quarter. Dupont Capital Management Corp now owns 12,445 shares of the company’s stock worth $741,000 after buying an additional 3,107 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Energizer by 671.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 87,740 shares of the company’s stock worth $5,057,000 after buying an additional 76,361 shares during the last quarter. Mackay Shields LLC bought a new stake in Energizer in the 1st quarter worth approximately $10,903,000. Parametrica Management Ltd bought a new stake in Energizer in the 1st quarter worth approximately $400,000. Finally, Boston Partners lifted its position in Energizer by 44.2% in the 1st quarter. Boston Partners now owns 465,913 shares of the company’s stock worth $27,759,000 after buying an additional 142,877 shares during the last quarter. Hedge funds and other institutional investors own 96.33% of the company’s stock.
Shares of ENR stock opened at $63.59 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.82 and a debt-to-equity ratio of 20.43. Energizer Holdings Inc has a fifty-two week low of $40.64 and a fifty-two week high of $65.57. The company has a market capitalization of $3.80 billion, a price-to-earnings ratio of 20.65, a P/E/G ratio of 2.43 and a beta of 0.80.
Energizer (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 1st. The company reported $0.54 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.54. Energizer had a return on equity of 359.49% and a net margin of 6.98%. The firm had revenue of $392.80 million during the quarter, compared to the consensus estimate of $389.13 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. equities analysts predict that Energizer Holdings Inc will post 3.36 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 12th. Shareholders of record on Thursday, August 16th will be given a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $1.16 annualized dividend and a yield of 1.82%. Energizer’s payout ratio is currently 38.93%.
In other Energizer news, VP Mark Stephen Lavigne sold 12,484 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The stock was sold at an average price of $65.08, for a total value of $812,458.72. Following the completion of the sale, the vice president now owns 22,394 shares in the company, valued at $1,457,401.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gregory T. Kinder sold 3,810 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The shares were sold at an average price of $65.00, for a total value of $247,650.00. Following the completion of the sale, the executive vice president now owns 3,811 shares of the company’s stock, valued at approximately $247,715. The disclosure for this sale can be found here. Insiders sold 23,794 shares of company stock valued at $1,532,609 in the last quarter. Corporate insiders own 1.79% of the company’s stock.
A number of analysts recently weighed in on ENR shares. Zacks Investment Research upgraded Energizer from a “sell” rating to a “hold” rating in a research report on Monday, July 23rd. TheStreet upgraded Energizer from a “c” rating to a “b-” rating in a research report on Monday, June 11th. UBS Group started coverage on Energizer in a research report on Thursday, July 19th. They issued a “neutral” rating and a $68.00 target price for the company. ValuEngine upgraded Energizer from a “hold” rating to a “buy” rating in a research report on Tuesday, June 26th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $70.00 target price on shares of Energizer in a research report on Thursday, June 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $68.20.
