Energizer Holdings, Inc. (NYSE:ENR) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC increased its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 10.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 59,822 shares of the company’s stock after purchasing an additional 5,798 shares during the period. Cerity Partners LLC owned 0.08% of Energizer worth $1,895,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. raised its position in shares of Energizer by 12.5% during the 3rd quarter. Principal Financial Group Inc. now owns 895,249 shares of the company’s stock worth $28,683,000 after purchasing an additional 99,353 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Energizer by 13.8% during the 3rd quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company’s stock worth $297,930,000 after purchasing an additional 1,126,158 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Energizer by 2.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 807,552 shares of the company’s stock valued at $25,874,000 after acquiring an additional 18,053 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in Energizer during the 3rd quarter valued at about $731,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Energizer by 38.3% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 44,446 shares of the company’s stock valued at $1,424,000 after acquiring an additional 12,313 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Performance

Energizer stock opened at $28.41 on Friday. The firm has a 50 day simple moving average of $28.68 and a 200-day simple moving average of $30.66. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $37.32. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 22.02 and a beta of 1.06.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The business had revenue of $716.60 million during the quarter, compared to analysts’ expectations of $710.73 million. During the same quarter in the prior year, the company posted $0.72 EPS. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, analysts expect that Energizer Holdings, Inc. will post 3.21 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Wednesday, February 21st were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.22%. Energizer’s payout ratio is currently 93.02%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. StockNews.com cut shares of Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Barclays dropped their price objective on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, April 12th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Energizer currently has a consensus rating of “Hold” and a consensus target price of $35.00.

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.