GSA Capital Partners LLP Grows Stock Holdings in Energizer Holdings, Inc. (NYSE:ENR)

GSA Capital Partners LLP raised its stake in Energizer Holdings, Inc. (NYSE:ENR) by 27.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,107 shares of the company’s stock after buying an additional 8,152 shares during the period. GSA Capital Partners LLP owned about 0.05% of Energizer worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC boosted its position in Energizer by 307.1% in the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock valued at $32,000 after buying an additional 820 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of Energizer in the 2nd quarter valued at about $65,000. SG Americas Securities LLC raised its holdings in shares of Energizer by 27.7% in the 1st quarter. SG Americas Securities LLC now owns 4,238 shares of the company’s stock valued at $125,000 after purchasing an additional 919 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Energizer by 2,650.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after purchasing an additional 4,399 shares in the last quarter. Finally, Algert Global LLC bought a new stake in shares of Energizer in the 2nd quarter valued at about $203,000. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Trading Up 1.4 %

Shares of Energizer stock opened at $33.83 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $34.29. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 241.62 and a beta of 1.04. The firm’s 50 day simple moving average is $31.49 and its two-hundred day simple moving average is $30.37.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 3.55%. Energizer’s payout ratio is 857.20%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ENR shares. Evercore ISI reduced their price target on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a report on Monday, October 14th. Barclays boosted their price objective on shares of Energizer from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Royal Bank of Canada reiterated a “sector perform” rating and set a $38.00 price objective on shares of Energizer in a research note on Wednesday, August 7th. Finally, Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $30.00 to $40.00 in a research note on Tuesday, August 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Energizer has an average rating of “Hold” and a consensus target price 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.