Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. bought 1,643 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were acquired at an average price of $18.90 per share, with a total value of $31,052.70. Following the completion of the purchase, the insider directly owned 7,021,015 shares of the company’s stock, valued at approximately $132,697,183.50. The trade was a 0.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The stock was acquired at an average price of $17.47 per share, for a total transaction of $251,078.84.
Energizer Price Performance
Energizer stock opened at $19.27 on Thursday. The company has a debt-to-equity ratio of 23.49, a quick ratio of 1.07 and a current ratio of 1.99. Energizer Holdings, Inc. has a 52 week low of $16.00 and a 52 week high of $30.29. The stock has a market capitalization of $1.32 billion, a P/E ratio of 6.49 and a beta of 0.71. The stock has a fifty day moving average of $19.35 and a 200-day moving average of $20.80.
Energizer Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 18th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Energizer’s dividend payout ratio (DPR) is 40.40%.
Institutional Investors Weigh In On Energizer
Hedge funds have recently added to or reduced their stakes in the business. AdvisorNet Financial Inc acquired a new position in shares of Energizer during the third quarter valued at about $29,000. Huntington National Bank boosted its holdings in Energizer by 1,836.1% in the third quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after acquiring an additional 1,120 shares in the last quarter. Versant Capital Management Inc grew its stake in Energizer by 92.4% in the third quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock valued at $31,000 after acquiring an additional 592 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Energizer during the third quarter valued at approximately $47,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Energizer by 93.8% during the third quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock worth $50,000 after purchasing an additional 964 shares during the period. 93.74% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
ENR has been the topic of a number of recent research reports. Evercore set a $28.00 price target on Energizer in a research note on Tuesday, February 10th. UBS Group dropped their price objective on shares of Energizer from $25.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Canaccord Genuity Group set a $20.00 target price on shares of Energizer in a research report on Thursday. Morgan Stanley set a $24.00 target price on shares of Energizer in a report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $23.86.
View Our Latest Analysis on Energizer
Energizer Company Profile
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
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