Eagle Bluffs Wealth Management LLC Increases Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Eagle Bluffs Wealth Management LLC raised its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 1.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 42,986 shares of the company’s stock after acquiring an additional 508 shares during the quarter. Eagle Bluffs Wealth Management LLC’s holdings in Energizer were worth $1,365,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Clearstead Trust LLC grew its position in Energizer by 307.1% during the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock worth $32,000 after purchasing an additional 820 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Energizer in the second quarter worth about $65,000. SG Americas Securities LLC lifted its holdings in shares of Energizer by 27.7% during the first quarter. SG Americas Securities LLC now owns 4,238 shares of the company’s stock worth $125,000 after purchasing an additional 919 shares during the period. Cullen Frost Bankers Inc. boosted its position in Energizer by 2,650.0% in the second quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after buying an additional 4,399 shares during the last quarter. Finally, Algert Global LLC acquired a new position in Energizer in the 2nd quarter worth approximately $203,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Stock Performance

NYSE:ENR opened at $33.55 on Friday. The company has a fifty day moving average of $31.35 and a two-hundred day moving average of $30.23. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $36.72. The stock has a market capitalization of $2.41 billion, a PE ratio of 239.64 and a beta of 1.04. The company has a debt-to-equity ratio of 26.04, a quick ratio of 1.01 and a current ratio of 1.99.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is presently 857.14%.

Analyst Upgrades and Downgrades

ENR has been the topic of several recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Wednesday, August 7th. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a report on Monday, October 14th. Truist Financial upgraded Energizer from a “hold” rating to a “buy” rating and lifted their price target for the company from $30.00 to $40.00 in a research report on Tuesday, August 27th. JPMorgan Chase & Co. upped their price objective on Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, October 11th. Finally, Evercore ISI decreased their target price on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price 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.