Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by Versor Investments LP

Versor Investments LP boosted its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 60.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 32,780 shares of the company’s stock after acquiring an additional 12,337 shares during the period. Versor Investments LP’s holdings in Energizer were worth $1,041,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ENR. Victory Capital Management Inc. grew its position in Energizer by 192.5% during the second quarter. Victory Capital Management Inc. now owns 372,697 shares of the company’s stock valued at $11,009,000 after buying an additional 245,285 shares during the period. Dimensional Fund Advisors LP grew its position in Energizer by 38.0% during the second quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock valued at $25,778,000 after buying an additional 240,402 shares during the period. M&G Plc acquired a new stake in Energizer during the first quarter valued at $5,174,000. Allspring Global Investments Holdings LLC grew its position in shares of Energizer by 155.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 129,567 shares of the company’s stock valued at $3,827,000 after purchasing an additional 78,895 shares during the period. Finally, Gamco Investors INC. ET AL grew its position in shares of Energizer by 5.8% in the first quarter. Gamco Investors INC. ET AL now owns 1,309,920 shares of the company’s stock valued at $38,564,000 after purchasing an additional 71,595 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Trading Up 1.3 %

Shares of Energizer stock opened at $33.98 on Tuesday. The company has a fifty day simple moving average of $31.38 and a 200-day simple moving average of $30.28. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $36.72. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 242.73 and a beta of 1.04.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Wednesday, November 27th. Energizer’s payout ratio is 857.20%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ENR. Evercore ISI dropped their target price on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. StockNews.com downgraded shares of Energizer from a “buy” rating to a “hold” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. lifted their target price on shares of Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, October 11th. Barclays boosted their price target on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus 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.