Tudor Investment Corp ET AL Reduces Stake in Energizer Holdings, Inc. (ENR)

Tudor Investment Corp ET AL cut its stake in Energizer Holdings, Inc. (NYSE:ENR) by 28.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,926 shares of the company’s stock after selling 6,020 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Energizer Holdings were worth $717,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Energizer Holdings by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares in the last quarter. IFP Advisors Inc boosted its holdings in Energizer Holdings by 7.1% in the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock worth $125,000 after purchasing an additional 172 shares in the last quarter. Creative Planning boosted its holdings in Energizer Holdings by 30.9% in the second quarter. Creative Planning now owns 2,617 shares of the company’s stock worth $126,000 after purchasing an additional 618 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Energizer Holdings by 149.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock worth $166,000 after purchasing an additional 2,071 shares in the last quarter. Finally, Advisor Group Inc. boosted its holdings in Energizer Holdings by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after purchasing an additional 50 shares in the last quarter. 93.92% of the stock is currently owned by institutional investors and hedge funds.

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In related news, CEO Alan R. Hoskins bought 12,112 shares of Energizer Holdings stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average price of $41.28 per share, with a total value of $499,983.36. Following the acquisition, the chief executive officer now owns 98,887 shares of the company’s stock, valued at approximately $4,082,055.36. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Timothy W. Gorman bought 6,300 shares of Energizer Holdings stock in a transaction that occurred on Tuesday, August 22nd. The shares were bought at an average cost of $42.26 per share, with a total value of $266,238.00. Following the acquisition, the chief financial officer now directly owns 20,974 shares in the company, valued at approximately $886,361.24. The disclosure for this purchase can be found here. In the last three months, insiders bought 31,212 shares of company stock valued at $1,297,839. Insiders own 1.73% of the company’s stock.

Shares of Energizer Holdings, Inc. (ENR) opened at 46.37 on Friday. Energizer Holdings, Inc. has a 12-month low of $41.97 and a 12-month high of $56.37. The firm’s 50-day moving average is $46.13 and its 200-day moving average is $46.13. The company has a market capitalization of $2.87 billion, a PE ratio of 15.40 and a beta of 0.60.

Energizer Holdings (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.06. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The company had revenue of $372.00 million during the quarter, compared to the consensus estimate of $390.88 million. During the same quarter last year, the firm posted $0.32 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post $2.91 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date was Thursday, August 17th. Energizer Holdings’s dividend payout ratio (DPR) is presently 36.54%.

A number of brokerages recently issued reports on ENR. Jefferies Group LLC reiterated a “hold” rating and issued a $54.00 price objective (down from $62.00) on shares of Energizer Holdings in a report on Thursday, July 6th. UBS AG reiterated a “neutral” rating and issued a $47.00 price objective (down from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Zacks Investment Research cut shares of Energizer Holdings from a “buy” rating to a “hold” rating in a report on Monday, August 7th. Deutsche Bank AG reiterated a “hold” rating and issued a $49.00 price objective (down from $55.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Finally, BidaskClub cut shares of Energizer Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Energizer Holdings has a consensus rating of “Hold” and an average target price of $53.88.

Energizer Holdings Profile

Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.

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Institutional Ownership by Quarter for Energizer Holdings (NYSE:ENR)

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