SkyView Investment Advisors LLC Purchases 513 Shares of Energizer Holdings, Inc. (NYSE:ENR)

SkyView Investment Advisors LLC boosted its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,353 shares of the company’s stock after acquiring an additional 513 shares during the period. SkyView Investment Advisors LLC’s holdings in Energizer were worth $583,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ENR. Eagle Bluffs Wealth Management LLC boosted its stake in Energizer by 2.1% during the 2nd quarter. Eagle Bluffs Wealth Management LLC now owns 42,478 shares of the company’s stock valued at $1,255,000 after purchasing an additional 854 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Energizer by 1.5% in the second quarter. Louisiana State Employees Retirement System now owns 33,600 shares of the company’s stock valued at $993,000 after acquiring an additional 500 shares during the period. Capital Insight Partners LLC grew its stake in shares of Energizer by 2.5% in the second quarter. Capital Insight Partners LLC now owns 13,284 shares of the company’s stock worth $392,000 after acquiring an additional 330 shares during the last quarter. Bank of New York Mellon Corp increased its position in Energizer by 1.6% during the second quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company’s stock worth $29,651,000 after acquiring an additional 15,982 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Energizer by 155.7% during the 2nd 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 last quarter. 93.74% of the stock is currently owned by institutional investors.

Insider Transactions at Energizer

In other news, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares in the company, valued at $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Sara B. Hampton sold 2,812 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,860 shares of company stock worth $334,694. Insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ENR. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and raised their price target for the stock from $32.00 to $39.00 in a research report on Wednesday, November 20th. StockNews.com upgraded Energizer from a “hold” rating to a “buy” rating in a research note on Thursday. Morgan Stanley raised their price objective on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Truist Financial upped their target price on Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Canaccord Genuity Group lifted their price target on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $37.63.

Energizer Stock Up 0.5 %

Shares of ENR opened at $36.94 on Friday. The company has a market capitalization of $2.66 billion, a P/E ratio of 71.04 and a beta of 1.06. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $39.51. The business’s 50 day simple moving average is $34.60 and its 200-day simple moving average is $31.49. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date was Wednesday, November 27th. Energizer’s dividend payout ratio is currently 230.77%.

Energizer 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.