Energizer Holdings, Inc. (ENR) Holdings Reduced by CNH Partners LLC
CNH Partners LLC cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 17.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 380,471 shares of the company’s stock after selling 78,793 shares during the quarter. CNH Partners LLC owned approximately 0.61% of Energizer Holdings worth $18,270,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Alps Advisors Inc. raised its holdings in Energizer Holdings by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after acquiring an additional 22 shares during the period. Advisor Group Inc. raised its holdings in Energizer Holdings by 1.3% during the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after acquiring an additional 50 shares during the period. Synovus Financial Corp raised its holdings in Energizer Holdings by 1.7% during the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock valued at $243,000 after acquiring an additional 85 shares during the period. Teacher Retirement System of Texas raised its holdings in Energizer Holdings by 3.0% during the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock valued at $238,000 after acquiring an additional 144 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in 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 acquiring an additional 169 shares during the period. 93.92% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts have commented on ENR shares. Deutsche Bank AG reissued a “hold” rating and set a $55.00 price target (down from $62.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Monday, July 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $60.00 price target on shares of Energizer Holdings in a report on Wednesday, August 16th. Citigroup Inc. reissued a “buy” rating and set a $54.00 price target on shares of Energizer Holdings in a report on Wednesday, August 23rd. Finally, BidaskClub cut Energizer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Energizer Holdings presently has an average rating of “Hold” and an average price target of $53.88.
In related news, CFO Timothy W. Gorman purchased 5,500 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average price of $41.43 per share, for a total transaction of $227,865.00. Following the transaction, the chief financial officer now directly owns 14,674 shares in the company, valued at $607,943.82. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Timothy W. Gorman purchased 6,300 shares of Energizer Holdings stock in a transaction that occurred on Tuesday, August 22nd. The shares were bought at an average price of $42.26 per share, with a total value of $266,238.00. Following the transaction, the chief financial officer now owns 20,974 shares in the company, valued at $886,361.24. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 31,212 shares of company stock valued at $1,297,839. Insiders own 1.73% of the company’s stock.
Energizer Holdings, Inc. (NYSE ENR) traded down 0.04% during midday trading on Friday, reaching $46.37. The company’s stock had a trading volume of 382,377 shares. The stock’s 50 day moving average price is $46.13 and its 200-day moving average price is $46.13. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 15.40 and a beta of 0.60. Energizer Holdings, Inc. has a one year low of $41.97 and a one year high of $56.37.
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 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 the consensus estimate of $390.88 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts forecast that Energizer Holdings, Inc. will post $2.91 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Monday, August 21st were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.37%. Energizer Holdings’s dividend payout ratio (DPR) is presently 36.54%.
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.
Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings, Inc. (NYSE:ENR).
Receive News & Stock Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related stocks with our FREE daily email newsletter.