Energizer Holdings, Inc. (NYSE:ENR) Stock Position Increased by Verition Fund Management LLC

Verition Fund Management LLC grew its position in Energizer Holdings, Inc. (NYSE:ENR) by 56.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 526,683 shares of the company’s stock after buying an additional 190,195 shares during the period. Verition Fund Management LLC’s holdings in Energizer were worth $16,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ENR. Clearstead Trust LLC grew its holdings in Energizer by 307.1% in the 2nd 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. Prospera Private Wealth LLC bought a new position in shares of Energizer in the third quarter worth $42,000. Canada Pension Plan Investment Board bought a new stake in shares of Energizer during the second quarter valued at about $65,000. Avior Wealth Management LLC lifted its holdings in Energizer by 22.4% in the third quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock worth $65,000 after purchasing an additional 376 shares during the period. Finally, Cullen Frost Bankers Inc. grew its position in Energizer by 2,650.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after buying an additional 4,399 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Insider Transactions at Energizer

In related news, VP Sara B. Hampton sold 2,812 shares of the firm’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 completion of the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This trade represents a 37.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the sale, the executive vice president now directly owns 5,758 shares in the company, valued at approximately $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,860 shares of company stock valued at $334,694 over the last ninety days. Corporate insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

ENR has been the topic of a number of recent analyst reports. Royal Bank of Canada restated a “sector perform” rating and set a $38.00 price target on shares of Energizer in a research report on Wednesday, August 7th. Evercore ISI cut their target price on Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Barclays lowered Energizer from an “overweight” rating to an “equal weight” rating and increased their price target for the company from $34.00 to $36.00 in a research note on Wednesday, November 20th. Canaccord Genuity Group upped their price objective on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised Energizer from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $37.63.

Energizer Stock Down 0.4 %

Shares of Energizer stock opened at $38.11 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.21. The firm has a market capitalization of $2.74 billion, a PE ratio of 73.29 and a beta of 1.04. The stock’s fifty day moving average is $33.10 and its 200-day moving average is $30.93.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Wednesday, November 27th. Energizer’s payout ratio is 230.77%.

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.