Energizer Holdings, Inc. (NYSE:ENR) VP Sells $108,233.88 in Stock

Energizer Holdings, Inc. (NYSE:ENR) VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares of the company’s stock, valued at $178,401.15. This represents a 37.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Energizer Price Performance

Energizer stock traded up $0.47 during mid-day trading on Monday, hitting $38.77. 795,462 shares of the company were exchanged, compared to its average volume of 577,718. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.21. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. The business has a fifty day moving average of $32.36 and a 200 day moving average of $30.70. The company has a market capitalization of $2.79 billion, a PE ratio of 73.66 and a beta of 1.04.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders 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 yield of 3.10%. Energizer’s dividend payout ratio (DPR) is presently 230.77%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ENR shares. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Monday, October 14th. Barclays lowered shares of Energizer from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $34.00 to $36.00 in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Energizer from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $32.00 to $39.00 in a research report on Wednesday, November 20th. Morgan Stanley upped their price target on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, November 20th. Finally, Evercore ISI decreased their price objective on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus target price of $37.63.

Institutional Trading of Energizer

Hedge funds have recently modified their holdings of the company. Tidal Investments LLC grew its position in Energizer by 48.9% during the 3rd quarter. Tidal Investments LLC now owns 13,659 shares of the company’s stock worth $434,000 after acquiring an additional 4,487 shares during the last quarter. SkyView Investment Advisors LLC grew its holdings in shares of Energizer by 2.9% during the third quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company’s stock worth $583,000 after purchasing an additional 513 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Energizer in the third quarter valued at $30,000. Barclays PLC raised its holdings in shares of Energizer by 100.9% in the third quarter. Barclays PLC now owns 139,890 shares of the company’s stock valued at $4,443,000 after buying an additional 70,254 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in Energizer by 125.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 27,095 shares of the company’s stock worth $861,000 after buying an additional 15,095 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

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.