Wells Fargo & Company MN increased its position in Energizer Holdings Inc (NYSE:ENR) by 15.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 749,601 shares of the company’s stock after purchasing an additional 98,113 shares during the quarter. Wells Fargo & Company MN owned approximately 1.21% of Energizer worth $34,520,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENR. BlackRock Inc. lifted its stake in shares of Energizer by 29.7% in the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock valued at $327,486,000 after purchasing an additional 1,561,447 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Energizer by 77.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares during the period. American Century Companies Inc. raised its stake in Energizer by 425.5% during the third quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock valued at $29,528,000 after buying an additional 519,184 shares during the last quarter. Deprince Race & Zollo Inc. purchased a new position in Energizer during the third quarter valued at $23,581,000. Finally, First Trust Advisors LP raised its stake in Energizer by 213.3% during the second quarter. First Trust Advisors LP now owns 577,410 shares of the company’s stock valued at $27,727,000 after buying an additional 393,139 shares during the last quarter. Institutional investors own 97.23% of the company’s stock.

Energizer Holdings Inc (ENR) traded down $0.19 during mid-day trading on Thursday, hitting $48.14. The stock had a trading volume of 624,200 shares, compared to its average volume of 720,375. Energizer Holdings Inc has a 52-week low of $40.64 and a 52-week high of $60.07. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50. The stock has a market capitalization of $2,894.15, a PE ratio of 16.22, a P/E/G ratio of 1.61 and a beta of 0.59.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. Energizer had a return on equity of 291.65% and a net margin of 11.48%. The firm had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $437.36 million. During the same quarter in the previous year, the business earned $0.54 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. analysts expect that Energizer Holdings Inc will post 3.05 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.16 annualized dividend and a dividend yield of 2.41%. This is a boost from Energizer’s previous quarterly dividend of $0.28. Energizer’s payout ratio is currently 36.02%.

A number of research analysts have issued reports on the company. KeyCorp set a $55.00 price objective on Energizer and gave the company a “buy” rating in a research note on Saturday, November 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $60.00 price objective on shares of Energizer in a research note on Wednesday, August 16th. Jefferies Group reiterated a “hold” rating and set a $47.00 price objective on shares of Energizer in a research note on Wednesday, November 8th. Zacks Investment Research cut Energizer from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. Finally, Morgan Stanley lowered their price objective on Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, November 9th. Two equities research analysts have 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 a consensus target price of $51.88.

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Energizer 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.

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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