American Century Companies Inc. Acquires New Position in Energizer Holdings, Inc. (ENR)
American Century Companies Inc. acquired a new position in Energizer Holdings, Inc. (NYSE:ENR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 122,030 shares of the company’s stock, valued at approximately $5,860,000. American Century Companies Inc. owned about 0.20% of Energizer Holdings as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Energizer Holdings by 28.2% in the first quarter. Bank of America Corp DE now owns 1,525,675 shares of the company’s stock worth $85,056,000 after purchasing an additional 336,062 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Energizer Holdings by 12,028.5% in the first quarter. BlackRock Inc. now owns 5,258,322 shares of the company’s stock valued at $293,151,000 after acquiring an additional 5,214,967 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Energizer Holdings in the first quarter valued at approximately $1,168,000. Arizona State Retirement System grew its holdings in shares of Energizer Holdings by 2.1% in the first quarter. Arizona State Retirement System now owns 25,800 shares of the company’s stock valued at $1,438,000 after acquiring an additional 535 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of Energizer Holdings by 11.0% in the first quarter. UBS Group AG now owns 12,245 shares of the company’s stock valued at $683,000 after acquiring an additional 1,210 shares in the last quarter. 94.12% of the stock is owned by hedge funds and other institutional investors.
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In related news, CFO Timothy W. Gorman bought 5,500 shares of the firm’s stock in a transaction on Friday, August 18th. The stock was acquired at an average cost of $41.43 per share, for a total transaction of $227,865.00. Following the purchase, the chief financial officer now owns 14,674 shares in the company, valued at $607,943.82. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert V. Vitale bought 7,300 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were bought at an average price of $41.61 per share, with a total value of $303,753.00. Following the completion of the purchase, the director now owns 2,300 shares in the company, valued at approximately $95,703. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 31,212 shares of company stock valued at $1,297,839. Company insiders own 1.73% of the company’s stock.
Energizer Holdings, Inc. (ENR) opened at 46.06 on Friday. Energizer Holdings, Inc. has a 12-month low of $40.98 and a 12-month high of $60.07. The stock has a 50 day moving average price of $43.80 and a 200 day moving average price of $51.21. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 15.29 and a beta of 0.58.
Energizer Holdings (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The company had revenue of $372 million during the quarter, compared to analyst estimates of $390.88 million. During the same period in the previous year, the business earned $0.32 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts expect that Energizer Holdings, Inc. will post $2.90 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $1.10 dividend on an annualized basis and a yield of 2.39%. Energizer Holdings’s dividend payout ratio is presently 36.54%.
Several research firms have recently issued reports on ENR. UBS AG reaffirmed a “neutral” rating and issued a $47.00 target price (down from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $49.00 target price (down from $55.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Zacks Investment Research lowered Energizer Holdings from a “buy” rating to a “hold” rating in a report on Monday, August 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Energizer Holdings in a report on Wednesday, August 16th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $52.00 target price (down from $54.00) on shares of Energizer Holdings in a report on Monday, July 24th. One 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’s stock. The company has an average rating of “Hold” and a consensus price target of $53.88.
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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