Insider Selling: Energizer Holdings, Inc. (NYSE:ENR) EVP Sells 4,070 Shares of Stock

Energizer Holdings, Inc. (NYSE:ENR) EVP Robin Vauth sold 4,070 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.16, for a total transaction of $155,311.20. Following the sale, the executive vice president now directly owns 9,827 shares in the company, valued at approximately $374,998.32. The trade was a 29.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Robin Vauth also recently made the following trade(s):

• On Tuesday, November 19th, Robin Vauth sold 1,978 shares of Energizer stock. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66.

Energizer Trading Up 0.6 %

Shares of Energizer stock opened at $38.31 on Friday. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $39.21. 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 company’s 50-day simple moving average is $32.17 and its 200-day simple moving average is $30.62. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 73.66 and a beta of 1.04.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer’s dividend payout ratio is currently 230.77%.

Institutional Trading of Energizer

Institutional investors have recently added to or reduced their stakes in the stock. Neo Ivy Capital Management purchased a new stake in Energizer during the third quarter worth about $30,000. Clearstead Trust LLC boosted its holdings in Energizer by 307.1% during the second quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock worth $32,000 after buying an additional 820 shares in the last quarter. Quarry LP purchased a new stake in shares of Energizer in the third quarter valued at about $39,000. Prospera Private Wealth LLC purchased a new stake in shares of Energizer in the third quarter valued at about $42,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Energizer in the second quarter valued at about $65,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Analysts Set New Price Targets

ENR has been the topic of a number of research reports. Barclays lowered shares of Energizer from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $34.00 to $36.00 in a research note on Wednesday. JPMorgan Chase & Co. raised shares of Energizer from an “underweight” rating to a “neutral” rating and raised their price target for the company from $32.00 to $39.00 in a research note on Wednesday. Evercore ISI decreased their price target on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Monday, October 14th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Wednesday, August 7th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $37.63.

About Energizer

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.