International Assets Investment Management LLC Acquires Shares of 20,148 Energizer Holdings, Inc. $ENR

International Assets Investment Management LLC bought a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the second quarter, HoldingsChannel reports. The institutional investor bought 20,148 shares of the company’s stock, valued at approximately $406,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its position in Energizer by 108.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after buying an additional 579 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Energizer by 38.9% during the 2nd quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock worth $38,000 after purchasing an additional 527 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Energizer by 306.8% in the second quarter. GAMMA Investing LLC now owns 2,563 shares of the company’s stock worth $52,000 after purchasing an additional 1,933 shares during the period. Central Pacific Bank Trust Division raised its stake in Energizer by 50.0% in the second quarter. Central Pacific Bank Trust Division now owns 3,300 shares of the company’s stock valued at $67,000 after purchasing an additional 1,100 shares in the last quarter. Finally, CWM LLC increased its holdings in Energizer by 37.7% in the 2nd quarter. CWM LLC now owns 3,889 shares of the company’s stock valued at $78,000 after buying an additional 1,065 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Performance

Energizer stock opened at $24.90 on Thursday. The business has a 50 day moving average of $26.85 and a 200-day moving average of $24.88. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. Energizer Holdings, Inc. has a 1 year low of $19.70 and a 1 year high of $39.51. The company has a market capitalization of $1.70 billion, a P/E ratio of 7.18 and a beta of 0.62.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Wednesday, December 4th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $684.10 million during the quarter. Energizer had a net margin of 8.60% and a return on equity of 181.90%. On average, equities research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Thursday, August 21st. Energizer’s payout ratio is 34.58%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ENR shares. JPMorgan Chase & Co. upped their price target on shares of Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Barclays raised their target price on Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Truist Financial boosted their price target on Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Energizer in a research note on Tuesday, October 14th. Finally, Wall Street Zen downgraded Energizer from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.00.

About Energizer

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.