JPMorgan Chase & Co. Has $267,526,000 Position in Energizer Holdings Inc. (ENR)
JPMorgan Chase & Co. cut its stake in shares of Energizer Holdings Inc. (NYSE:ENR) by 3.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,354,828 shares of the company’s stock after selling 210,203 shares during the period. JPMorgan Chase & Co. owned approximately 8.65% of Energizer Holdings worth $267,526,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Creative Planning boosted its stake in shares of Energizer Holdings by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock valued at $100,000 after buying an additional 230 shares during the last quarter. Invictus RG bought a new stake in shares of Energizer Holdings during the second quarter valued at about $107,000. Zurich Insurance Group Ltd FI boosted its stake in shares of Energizer Holdings by 2.3% in the second quarter. Zurich Insurance Group Ltd FI now owns 3,143 shares of the company’s stock valued at $162,000 after buying an additional 70 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Energizer Holdings by 706.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,482 shares of the company’s stock valued at $179,000 after buying an additional 3,050 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its stake 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. Institutional investors own 95.54% of the company’s stock.
Energizer Holdings Inc. (NYSE:ENR) opened at 43.05 on Tuesday. Energizer Holdings Inc. has a 1-year low of $28.85 and a 1-year high of $53.41. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 21.10 and a beta of 0.61. The company’s 50-day moving average price is $45.95 and its 200 day moving average price is $47.95.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings data on Wednesday, November 9th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.04. The firm earned $432.40 million during the quarter, compared to analysts’ expectations of $426.53 million. Energizer Holdings had a negative return on equity of 766.09% and a net margin of 7.81%. Energizer Holdings’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.61 earnings per share. On average, equities analysts expect that Energizer Holdings Inc. will post $2.68 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, November 28th. This is a boost from Energizer Holdings’s previous quarterly dividend of $0.25. This represents a $1.10 annualized dividend and a yield of 2.56%. Energizer Holdings’s payout ratio is currently 49.02%.
A number of equities analysts have recently weighed in on the company. SunTrust Banks Inc. increased their price target on Energizer Holdings from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Monday. Jefferies Group reiterated a “hold” rating on shares of Energizer Holdings in a report on Wednesday, August 10th. Finally, Citigroup Inc. increased their price target on Energizer Holdings from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Energizer Holdings presently has a consensus rating of “Hold” and a consensus target price of $52.40.
In other news, VP Emily K. Boss sold 1,865 shares of the business’s stock in a transaction on 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 directly owns 1,860 shares of the company’s stock, valued at $92,181.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.37% of the company’s stock.
Energizer Holdings Company Profile
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.
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