Choate Investment Advisors trimmed its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 8.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,060 shares of the company’s stock after selling 445 shares during the period. Choate Investment Advisors’ holdings in Energizer Holdings were worth $243,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ENR. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Energizer Holdings by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after purchasing an additional 169 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Energizer Holdings by 7.1% during the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock valued at $125,000 after purchasing an additional 172 shares during the last quarter. Creative Planning lifted its holdings in shares of Energizer Holdings by 30.9% during the second quarter. Creative Planning now owns 2,617 shares of the company’s stock valued at $126,000 after purchasing an additional 618 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Energizer Holdings by 149.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock valued at $166,000 after purchasing an additional 2,071 shares during the last quarter. Finally, Financial Counselors Inc. purchased a new position in shares of Energizer Holdings during the first quarter valued at approximately $201,000. Hedge funds and other institutional investors own 93.92% of the company’s stock.

Several research firms have recently issued reports on ENR. Citigroup Inc. reiterated a “buy” rating and set a $54.00 target price on shares of Energizer Holdings in a report on Wednesday, August 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a $60.00 target price on shares of Energizer Holdings in a report on Wednesday, August 16th. Deutsche Bank AG reiterated a “hold” rating and set a $49.00 target price (down from $55.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. UBS AG reiterated a “neutral” rating and set a $47.00 target price (down from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Finally, Zacks Investment Research lowered shares of Energizer Holdings from a “buy” rating to a “hold” rating in a report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $53.88.

Shares of Energizer Holdings, Inc. (NYSE:ENR) opened at 46.85 on Monday. Energizer Holdings, Inc. has a 12 month low of $40.98 and a 12 month high of $60.07. The company has a market cap of $2.90 billion, a P/E ratio of 15.55 and a beta of 0.58. The company’s 50 day moving average is $46.08 and its 200 day moving average is $50.25.

Energizer Holdings (NYSE:ENR) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The firm had revenue of $372.00 million during the quarter, compared to analysts’ expectations of $390.88 million. During the same quarter in the prior year, the company earned $0.32 EPS. The company’s revenue was up 3.0% compared to the same quarter last year. On average, equities research analysts predict that Energizer Holdings, Inc. will post $2.90 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st were given a $0.275 dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.35%. Energizer Holdings’s payout ratio is presently 36.54%.

In other news, CFO Timothy W. Gorman bought 5,500 shares of the firm’s stock in a transaction that occurred on Friday, August 18th. The stock was bought at an average price of $41.43 per share, with a total value of $227,865.00. Following the completion of the transaction, the chief financial officer now directly owns 14,674 shares of the company’s stock, valued at approximately $607,943.82. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Alan R. Hoskins bought 12,112 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average cost of $41.28 per share, with a total value of $499,983.36. Following the transaction, the chief executive officer now directly owns 98,887 shares of the company’s stock, valued at $4,082,055.36. The disclosure for this purchase can be found here. Insiders bought a total of 31,212 shares of company stock valued at $1,297,839 in the last ninety days. Corporate insiders own 1.73% of the company’s stock.

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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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Institutional Ownership by Quarter for Energizer Holdings (NYSE:ENR)

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