Sara B. Hampton Sells 2,812 Shares of Energizer Holdings, Inc. (NYSE:ENR) Stock

Energizer Holdings, Inc. (NYSE:ENR) VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at $178,401.15. This trade represents a 37.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Energizer Stock Up 0.3 %

ENR stock opened at $38.26 on Thursday. The stock has a market capitalization of $2.75 billion, a PE ratio of 73.58 and a beta of 1.04. 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 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. The firm has a 50 day moving average of $32.74 and a 200 day moving average of $30.82.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders 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 dividend yield of 3.14%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio (DPR) is presently 230.77%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. StockNews.com upgraded shares of Energizer from a “hold” rating to a “buy” rating in a report on Tuesday. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research note on Wednesday, August 7th. Morgan Stanley raised their target price on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Barclays lowered 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 report on Wednesday, November 20th. Finally, Truist Financial raised their price objective on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $37.63.

Hedge Funds Weigh In On Energizer

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. M&G Plc increased its holdings in shares of Energizer by 33.0% in the second quarter. M&G Plc now owns 237,337 shares of the company’s stock valued at $7,120,000 after purchasing an additional 58,933 shares during the period. Tidal Investments LLC increased its holdings in Energizer by 220.3% in the 1st quarter. Tidal Investments LLC now owns 29,903 shares of the company’s stock worth $880,000 after buying an additional 20,567 shares during the period. CANADA LIFE ASSURANCE Co raised its position in Energizer by 31.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 107,723 shares of the company’s stock worth $3,172,000 after buying an additional 25,732 shares during the last quarter. Seizert Capital Partners LLC lifted its stake in Energizer by 29.0% during the 3rd quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock valued at $5,773,000 after acquiring an additional 40,891 shares during the period. Finally, Gabelli Funds LLC boosted its holdings in shares of Energizer by 6.1% in the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock valued at $11,363,000 after acquiring an additional 22,100 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

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.