Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP decreased its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 316,000 shares of the company's stock after selling 15,038 shares during the quarter. Two Sigma Investments LP owned about 0.44% of Energizer worth $11,025,000 at the end of the most recent quarter.

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Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Barclays PLC boosted its stake in Energizer by 100.9% during the third quarter. Barclays PLC now owns 139,890 shares of the company's stock worth $4,443,000 after buying an additional 70,254 shares during the period. Inspire Investing LLC boosted its stake in Energizer by 166.3% during the fourth quarter. Inspire Investing LLC now owns 34,692 shares of the company's stock worth $1,210,000 after buying an additional 21,667 shares during the period. Vista Investment Partners LLC purchased a new position in Energizer during the fourth quarter worth about $553,000. KBC Group NV lifted its stake in Energizer by 5,308.0% during the fourth quarter. KBC Group NV now owns 89,664 shares of the company's stock worth $3,128,000 after purchasing an additional 88,006 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in Energizer by 5.0% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 10,226 shares of the company's stock worth $357,000 after purchasing an additional 485 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company's stock.

Energizer Stock Performance

Shares of ENR opened at $22.90 on Friday. Energizer Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $39.52. The stock has a 50-day simple moving average of $26.43 and a 200-day simple moving average of $31.47. The stock has a market capitalization of $1.65 billion, a PE ratio of 28.99 and a beta of 0.77. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

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Energizer (NYSE:ENR - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.01). Energizer had a return on equity of 168.16% and a net margin of 2.02%. The business had revenue of $662.90 million for the quarter, compared to analyst estimates of $670.85 million. During the same period last year, the business posted $0.72 EPS. Energizer's revenue was down .1% on a year-over-year basis. On average, analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be given a $0.30 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.24%. Energizer's dividend payout ratio (DPR) is presently 164.38%.

Insider Buying and Selling

• More Analysts Should See Energizer Holdings As A Buy: Here Is Why

In related news, Director Donal L. Mulligan purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The shares were purchased at an average price of $23.66 per share, for a total transaction of $236,600.00. Following the transaction, the director now directly owns 10,000 shares of the company's stock, valued at approximately $236,600. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mark Stephen Lavigne acquired 4,000 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average price of $21.67 per share, for a total transaction of $86,680.00. Following the completion of the transaction, the chief executive officer now owns 277,645 shares in the company, valued at $6,016,567.15. The trade was a 1.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 25,000 shares of company stock worth $578,140 in the last quarter. 0.98% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on ENR shares. UBS Group decreased their price target on Energizer from $28.00 to $26.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. JPMorgan Chase & Co. cut their price target on shares of Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Wall Street Zen lowered shares of Energizer from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Truist Financial cut their price target on shares of Energizer from $40.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $38.00 price target on shares of Energizer in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $31.63.

Check Out Our Latest Research Report on ENR

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.

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