Energizer Holdings, Inc. (NYSE:ENR) Short Interest Down 6.2% in November

Energizer Holdings, Inc. (NYSE:ENR) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 2,580,000 shares, a decrease of 6.2% from the October 31st total of 2,750,000 shares. Approximately 4.0% of the company’s stock are short sold. Based on an average daily volume of 676,900 shares, the short-interest ratio is currently 3.8 days.

Insider Buying and Selling at Energizer

In related news, EVP Robin Vauth sold 1,978 shares of Energizer stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their position. 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 in the last three months. Corporate insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Energizer

A number of institutional investors have recently bought and sold shares of the business. M&G Plc lifted its position in shares of Energizer by 33.0% in the second quarter. M&G Plc now owns 237,337 shares of the company’s stock worth $7,120,000 after purchasing an additional 58,933 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Energizer by 220.3% during the 1st quarter. Tidal Investments LLC now owns 29,903 shares of the company’s stock valued at $880,000 after buying an additional 20,567 shares during the period. Seizert Capital Partners LLC raised its holdings in shares of Energizer by 29.0% during the third quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock worth $5,773,000 after acquiring an additional 40,891 shares in the last quarter. Clarkston Capital Partners LLC boosted its position in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock valued at $151,660,000 after purchasing an additional 533,831 shares during the last quarter. Finally, Gabelli Funds LLC raised its stake in shares of Energizer by 6.1% during the 2nd quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock worth $11,363,000 after purchasing an additional 22,100 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Trading Down 1.3 %

NYSE ENR traded down $0.51 on Tuesday, hitting $38.88. 26,418 shares of the stock were exchanged, compared to its average volume of 574,440. The company’s 50-day moving average price is $33.48 and its two-hundred day moving average price is $31.05. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 74.62 and a beta of 1.06. Energizer has a 52-week low of $26.92 and a 52-week high of $39.51. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.09%. The ex-dividend date is Wednesday, November 27th. Energizer’s payout ratio is 230.77%.

Analyst Ratings Changes

ENR has been the subject of several research reports. JPMorgan Chase & Co. raised shares of Energizer from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $32.00 to $39.00 in a report on Wednesday, November 20th. Evercore ISI decreased their target price on Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $38.00 price target on shares of Energizer in a research report on Wednesday, August 7th. Truist Financial upped their price objective on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley upped their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus price target of $37.63.

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.