Gamco Investors INC. ET AL Has $48.20 Million Stake in Energizer Holdings, Inc. (NYSE:ENR)

Gamco Investors INC. ET AL lessened its position in Energizer Holdings, Inc. (NYSE:ENR) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,381,339 shares of the company’s stock after selling 80,517 shares during the period. Gamco Investors INC. ET AL owned about 1.91% of Energizer worth $48,195,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ENR. HighTower Advisors LLC boosted its stake in shares of Energizer by 17.5% during the 3rd quarter. HighTower Advisors LLC now owns 15,144 shares of the company’s stock worth $485,000 after acquiring an additional 2,256 shares during the period. Barclays PLC lifted its stake in shares of Energizer by 100.9% during the 3rd quarter. Barclays PLC now owns 139,890 shares of the company’s stock worth $4,443,000 after buying an additional 70,254 shares during the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of Energizer by 2.9% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company’s stock worth $583,000 after buying an additional 513 shares during the period. Tidal Investments LLC raised its holdings in Energizer by 48.9% in the 3rd quarter. Tidal Investments LLC now owns 13,659 shares of the company’s stock valued at $434,000 after acquiring an additional 4,487 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Energizer by 4.6% during the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock worth $27,369,000 after acquiring an additional 37,713 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ENR has been the subject of several recent research reports. Barclays reduced their price target on Energizer from $32.00 to $27.00 and set an “equal weight” rating for the company in a research note on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. reduced their target price on Energizer from $36.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday. Finally, UBS Group decreased their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.25.

Energizer Price Performance

Shares of NYSE:ENR opened at $26.67 on Tuesday. The firm has a market cap of $1.93 billion, a PE ratio of 33.76 and a beta of 0.92. Energizer Holdings, Inc. has a 52 week low of $25.42 and a 52 week high of $39.52. The firm’s fifty day moving average is $29.82 and its 200-day moving average is $32.92. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The business had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. During the same quarter in the prior year, the firm posted $0.59 EPS. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Sell-side analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.50%. Energizer’s dividend payout ratio is currently 151.90%.

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.