Artemis Investment Management LLP bought a new position in shares of Energizer Holdings Inc. (NYSE:ENR) during the second quarter, Holdings Channel reports. The fund bought 181,708 shares of the company’s stock, valued at approximately $9,354,000.
Other institutional investors have also recently made changes to their positions in the company. Creative Planning boosted its position in shares of Energizer Holdings by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock worth $100,000 after buying an additional 230 shares during the period. LS Investment Advisors LLC boosted its position in shares of Energizer Holdings by 74.8% in the second quarter. LS Investment Advisors LLC now owns 3,740 shares of the company’s stock valued at $193,000 after buying an additional 1,600 shares during the last quarter. Springbok Capital Management LLC boosted its position in shares of Energizer Holdings by 960.0% in the first quarter. Springbok Capital Management LLC now owns 5,300 shares of the company’s stock valued at $215,000 after buying an additional 4,800 shares during the last quarter. Capstone Asset Management Co. boosted its position in shares of Energizer Holdings by 9.0% in the second quarter. Capstone Asset Management Co. now owns 6,193 shares of the company’s stock valued at $319,000 after buying an additional 511 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Energizer Holdings during the first quarter valued at about $266,000. Institutional investors own 90.18% of the company’s stock.
Energizer Holdings Inc. (NYSE:ENR) traded up 2.27% during midday trading on Wednesday, reaching $47.80. The company had a trading volume of 759,515 shares. The firm has a market capitalization of $2.96 billion, a PE ratio of 22.97 and a beta of 0.52. Energizer Holdings Inc. has a 12 month low of $28.85 and a 12 month high of $53.41. The firm’s 50-day moving average price is $48.19 and its 200 day moving average price is $46.73.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. The firm earned $361 million during the quarter, compared to the consensus estimate of $356.69 million. Energizer Holdings had a negative return on equity of 565.91% and a net margin of 8.07%. Energizer Holdings’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 earnings per share. Equities analysts anticipate that Energizer Holdings Inc. will post $2.27 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 19th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Wednesday, August 17th. Energizer Holdings’s dividend payout ratio is currently 48.31%.
Several equities analysts have recently issued reports on the company. TheStreet assumed coverage on Energizer Holdings in a research note on Thursday, July 14th. They issued a “sell” rating for the company. Jefferies Group decreased their price objective on Energizer Holdings from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, July 7th. Citigroup Inc. lifted their price objective on Energizer Holdings from $54.00 to $56.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. SunTrust Banks Inc. lifted their price objective on Energizer Holdings from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Finally, Zacks Investment Research cut Energizer Holdings from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Energizer Holdings currently has an average rating of “Hold” and a consensus price target of $52.17.
In related news, VP Emily K. Boss sold 1,865 shares of the stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $49.56, for a total value of $92,429.40. Following the completion of the transaction, the vice president now owns 1,860 shares of the company’s stock, valued at $92,181.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is owned by corporate insiders.
About Energizer Holdings
Energizer Holdings, Inc, formerly Energizer SpinCo, Inc, manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands, the Company also markets its flashlights under the Hard Case, Dolphin, and Weather Ready sub-brands.
Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings Inc. (NYSE:ENR).
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.