Energizer Holdings, Inc. (NYSE:EPC) shares hit a new 52-week low on Wednesday . The stock traded as low as $69.16 and last traded at $69.05, with a volume of 484,635 shares trading hands. The stock had previously closed at $70.85.

Several research analysts recently weighed in on the stock. BidaskClub raised shares of Energizer Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. Jefferies Group LLC reiterated a “hold” rating and set a $78.00 target price on shares of Energizer Holdings in a report on Thursday. Zacks Investment Research cut Energizer Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 21st. KeyCorp reiterated a “hold” rating on shares of Energizer Holdings in a report on Monday. Finally, Deutsche Bank AG boosted their target price on Energizer Holdings from $75.00 to $77.00 and gave the stock a “hold” rating in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $84.44.

The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 19.05 and a beta of 0.94. The firm’s 50-day moving average price is $72.90 and its 200-day moving average price is $73.40.

Energizer Holdings (NYSE:EPC) last posted its earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.31. The firm had revenue of $637.50 million during the quarter, compared to analysts’ expectations of $648.13 million. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The company’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 earnings per share. Equities research analysts expect that Energizer Holdings, Inc. will post $3.97 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. Russell Investments Group Ltd. raised its stake in Energizer Holdings by 7.7% in the first quarter. Russell Investments Group Ltd. now owns 17,272 shares of the company’s stock valued at $1,264,000 after buying an additional 1,240 shares during the period. UBS Asset Management Americas Inc. grew its position in shares of Energizer Holdings by 13.9% in the first quarter. UBS Asset Management Americas Inc. now owns 146,216 shares of the company’s stock valued at $10,694,000 after purchasing an additional 17,820 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Energizer Holdings in the first quarter valued at approximately $237,000. Prudential Financial Inc. grew its position in shares of Energizer Holdings by 5.9% in the first quarter. Prudential Financial Inc. now owns 36,010 shares of the company’s stock valued at $2,634,000 after purchasing an additional 2,000 shares during the last quarter. Finally, OppenheimerFunds Inc. grew its position in shares of Energizer Holdings by 18.5% in the first quarter. OppenheimerFunds Inc. now owns 7,774 shares of the company’s stock valued at $569,000 after purchasing an additional 1,211 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

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About Energizer Holdings

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

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