Insider Selling: Energizer Holdings, Inc. (NYSE:ENR) EVP Sells 1,978 Shares of Stock

Energizer Holdings, Inc. (NYSE:ENR) EVP Robin Vauth sold 1,978 shares of Energizer stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total value of $71,148.66. Following the sale, the executive vice president now directly owns 5,758 shares in the company, valued at $207,115.26. The trade was a 25.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Energizer Stock Performance

ENR opened at $38.09 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. The firm has a market cap of $2.73 billion, a PE ratio of 73.25 and a beta of 1.04. The business has a fifty day simple moving average of $31.99 and a 200-day simple moving average of $30.57. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $39.21.

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 given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.15%. Energizer’s dividend payout ratio (DPR) is 230.77%.

Institutional Trading of Energizer

Several institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE increased its position in shares of Energizer by 1.6% in the third quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after acquiring an additional 308 shares in the last quarter. Capital Insight Partners LLC grew its position in Energizer by 2.5% during the 2nd quarter. Capital Insight Partners LLC now owns 13,284 shares of the company’s stock worth $392,000 after purchasing an additional 330 shares in the last quarter. Arizona State Retirement System grew its position in Energizer by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 19,091 shares of the company’s stock worth $564,000 after purchasing an additional 353 shares in the last quarter. Avior Wealth Management LLC raised its stake in Energizer by 22.4% during the 3rd quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock valued at $65,000 after purchasing an additional 376 shares during the period. Finally, Great Lakes Advisors LLC boosted its position in shares of Energizer by 0.3% in the second quarter. Great Lakes Advisors LLC now owns 114,502 shares of the company’s stock worth $3,382,000 after buying an additional 382 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $38.00 price objective on shares of Energizer in a research note on Wednesday, August 7th. Truist Financial boosted their price target on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday. Evercore ISI decreased their price objective on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. JPMorgan Chase & Co. upgraded Energizer from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $32.00 to $39.00 in a research report on Wednesday. Finally, Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $34.00 to $36.00 in a research report on Wednesday. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $37.63.

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.