Arete Wealth Advisors LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 20,693 shares of the company’s stock, valued at approximately $994,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Alps Advisors Inc. lifted its stake in shares of Energizer Holdings by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after purchasing an additional 22 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Energizer Holdings by 0.3% in the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 10,673 shares of the company’s stock valued at $595,000 after purchasing an additional 33 shares during the last quarter. Advisor Group Inc. lifted its stake in shares of Energizer Holdings by 1.3% in the 2nd quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after purchasing an additional 50 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of Energizer Holdings by 1.7% in the 2nd quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock valued at $243,000 after purchasing an additional 85 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in shares of Energizer Holdings by 3.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after purchasing an additional 144 shares during the last quarter. 93.92% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently commented on ENR shares. Citigroup Inc. reiterated a “buy” rating and issued 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 issued 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 issued a $49.00 target price (down previously from $55.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. UBS AG reiterated a “neutral” rating and issued a $47.00 target price (down previously from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Finally, Zacks Investment Research downgraded shares of Energizer Holdings from a “buy” rating to a “hold” rating in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $53.88.

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Energizer Holdings, Inc. (NYSE ENR) traded up 0.20% on Thursday, hitting $45.90. 61,029 shares of the stock traded hands. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 15.24 and a beta of 0.58. The firm’s 50 day moving average is $46.30 and its 200 day moving average is $46.30. Energizer Holdings, Inc. has a 52 week low of $41.97 and a 52 week high of $56.37.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st were paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend was Thursday, August 17th. Energizer Holdings’s dividend payout ratio is presently 36.54%.

In other Energizer Holdings news, CFO Timothy W. Gorman purchased 6,300 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were acquired at an average cost of $42.26 per share, with a total value of $266,238.00. Following the completion of the transaction, the chief financial officer now owns 20,974 shares in the company, valued at $886,361.24. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Timothy W. Gorman purchased 5,500 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were acquired at an average cost of $41.43 per share, for a total transaction of $227,865.00. Following the completion of the transaction, the chief financial officer now owns 14,674 shares of the company’s stock, valued at approximately $607,943.82. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 31,212 shares of company stock valued at $1,297,839. 1.73% of the stock is currently owned by corporate insiders.

Energizer Holdings Profile

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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