Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,949 shares of the company’s stock after selling 3,824 shares during the period. Seizert Capital Partners LLC’s holdings in Energizer were worth $6,209,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Clarkston Capital Partners LLC grew its stake in Energizer by 12.6% in the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock valued at $151,660,000 after acquiring an additional 533,831 shares during the last quarter. Verition Fund Management LLC increased its position in Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company’s stock worth $16,727,000 after buying an additional 190,195 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Energizer in the third quarter worth $3,910,000. NewSquare Capital LLC purchased a new stake in shares of Energizer in the fourth quarter valued at $3,783,000. Finally, KBC Group NV boosted its stake in shares of Energizer by 5,308.0% during the fourth quarter. KBC Group NV now owns 89,664 shares of the company’s stock valued at $3,128,000 after acquiring an additional 88,006 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Stock Performance

Shares of NYSE:ENR opened at $29.75 on Wednesday. The business has a 50-day moving average of $33.40 and a two-hundred day moving average of $33.21. The firm has a market capitalization of $2.15 billion, a PE ratio of 37.66 and a beta of 1.06. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.51.

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

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s dividend payout ratio is presently 151.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ENR shares. JPMorgan Chase & Co. lowered their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a report on Thursday, January 30th. Morgan Stanley increased their price target on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Canaccord Genuity Group lifted their price objective on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Finally, Truist Financial increased their target price on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Seven 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.com, the company has an average rating of “Hold” and a consensus price target 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.