Energizer Holdings, Inc. (ENR) Shares Bought by Neuberger Berman Group LLC
Neuberger Berman Group LLC increased its position in Energizer Holdings, Inc. (NYSE:ENR) by 10.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,688,833 shares of the company’s stock after buying an additional 244,332 shares during the period. Neuberger Berman Group LLC owned about 4.34% of Energizer Holdings worth $129,118,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Creative Planning raised its stake in shares of Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,999 shares of the company’s stock worth $111,000 after buying an additional 7 shares during the period. LS Investment Advisors LLC raised its stake in shares of Energizer Holdings by 0.5% in the first quarter. LS Investment Advisors LLC now owns 4,272 shares of the company’s stock worth $238,000 after buying an additional 21 shares during the period. Alps Advisors Inc. raised its stake in shares of Energizer Holdings by 0.3% in the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock worth $416,000 after buying an additional 22 shares during the period. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Energizer Holdings by 0.3% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 10,673 shares of the company’s stock worth $595,000 after buying an additional 33 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in shares of Energizer Holdings by 3.0% in the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock worth $238,000 after buying an additional 144 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.
Energizer Holdings, Inc. (NYSE:ENR) opened at 43.74 on Wednesday. The firm has a market cap of $2.71 billion, a P/E ratio of 14.52 and a beta of 0.57. The firm has a 50-day moving average of $44.47 and a 200-day moving average of $51.78. Energizer Holdings, Inc. has a 12-month low of $40.98 and a 12-month high of $60.07.
Energizer Holdings (NYSE:ENR) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.06. The business had revenue of $372 million during the quarter, compared to analysts’ expectations of $390.88 million. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.32 EPS. On average, analysts expect that Energizer Holdings, Inc. will post $2.90 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 21st will be issued a $0.275 dividend. The ex-dividend date is Thursday, August 17th. This represents a $1.10 annualized dividend and a yield of 2.51%. Energizer Holdings’s dividend payout ratio is presently 36.54%.
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A number of analysts recently issued reports on the stock. Jefferies Group LLC restated a “hold” rating and issued a $54.00 price target (down previously from $62.00) on shares of Energizer Holdings in a research note on Thursday, July 6th. Zacks Investment Research lowered shares of Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Royal Bank Of Canada restated a “buy” rating and issued a $60.00 price target on shares of Energizer Holdings in a research note on Thursday, June 8th. UBS AG restated a “neutral” rating and issued a $47.00 price target (down previously from $49.00) on shares of Energizer Holdings in a research note on Wednesday, August 9th. Finally, BidaskClub lowered shares of Energizer Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $53.88.
In related news, CEO Alan R. Hoskins acquired 12,112 shares of the company’s stock in a transaction on Monday, August 21st. The stock was purchased at an average cost of $41.28 per share, with a total value of $499,983.36. Following the acquisition, the chief executive officer now directly owns 98,887 shares of the company’s stock, valued at $4,082,055.36. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Timothy W. Gorman acquired 5,500 shares of the company’s stock in a transaction on Friday, August 18th. The stock was bought at an average cost of $41.43 per share, with a total value of $227,865.00. Following the completion of the acquisition, the chief financial officer now directly owns 14,674 shares in the company, valued at $607,943.82. The disclosure for this purchase can be found here. Insiders acquired a total of 31,212 shares of company stock valued at $1,297,839 over the last ninety days. Insiders own 1.73% of the company’s stock.
About Energizer Holdings
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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