AlphaQuest LLC Has $1.68 Million Holdings in Energizer Holdings, Inc. (NYSE:ENR)

AlphaQuest LLC boosted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 160.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,023 shares of the company’s stock after buying an additional 29,554 shares during the period. AlphaQuest LLC owned about 0.07% of Energizer worth $1,676,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ENR. US Bancorp DE raised its holdings in Energizer by 1.6% during the 3rd quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after buying an additional 308 shares during the period. Robeco Institutional Asset Management B.V. acquired a new position in shares of Energizer in the 3rd quarter valued at about $264,000. M&G PLC increased its holdings in shares of Energizer by 4.5% in the 3rd quarter. M&G PLC now owns 248,008 shares of the company’s stock valued at $7,936,000 after purchasing an additional 10,671 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Energizer by 4.6% in the 3rd quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock valued at $27,369,000 after purchasing an additional 37,713 shares during the period. Finally, Atria Investments Inc increased its holdings in shares of Energizer by 73.5% in the 3rd quarter. Atria Investments Inc now owns 14,052 shares of the company’s stock valued at $446,000 after purchasing an additional 5,952 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Up 2.4 %

Shares of Energizer stock opened at $31.00 on Friday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 39.24 and a beta of 1.09. The company has a quick ratio of 0.94, a current ratio of 1.80 and a debt-to-equity ratio of 22.17. The stock has a 50 day moving average price of $32.98 and a two-hundred day moving average price of $33.18. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.51.

Energizer (NYSE:ENR) last announced its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. The firm had revenue of $731.70 million during the quarter, compared to analysts’ expectations of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. Equities analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 3.87%. Energizer’s payout ratio is currently 151.90%.

Analyst Ratings Changes

ENR has been the topic of a number of research reports. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. UBS Group lowered their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $34.00 to $36.00 in a research note on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $38.38.

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.