Everence Capital Management Inc. Invests $215,000 in Energizer Holdings, Inc. (NYSE:ENR)

Everence Capital Management Inc. acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 6,800 shares of the company’s stock, valued at approximately $215,000.

Several other large investors have also modified their holdings of the stock. Ancora Advisors LLC purchased a new stake in shares of Energizer in the first quarter valued at $37,000. Jones Financial Companies Lllp purchased a new stake in shares of Energizer in the third quarter valued at $32,000. Signaturefd LLC lifted its holdings in shares of Energizer by 35.3% in the third quarter. Signaturefd LLC now owns 1,384 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares in the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of Energizer by 42.4% in the first quarter. Belpointe Asset Management LLC now owns 1,836 shares of the company’s stock valued at $64,000 after purchasing an additional 547 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Energizer by 107.4% in the first quarter. Captrust Financial Advisors now owns 2,014 shares of the company’s stock valued at $62,000 after purchasing an additional 1,043 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

Energizer Trading Up 1.6 %

Energizer stock opened at $28.41 on Friday. 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 company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 22.02 and a beta of 1.06. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $37.32. The company’s fifty day moving average price is $28.68 and its two-hundred day moving average price is $30.66.

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

Energizer Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ENR shares. Barclays cut their price objective on Energizer from $36.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, April 12th. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $35.00.

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.