Victory Capital Management Inc. boosted its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 28.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 520,892 shares of the company’s stock after acquiring an additional 115,251 shares during the quarter. Victory Capital Management Inc. owned 0.87% of Energizer worth $30,550,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ENR. Advisory Services Network LLC raised its stake in Energizer by 443.8% during the second quarter. Advisory Services Network LLC now owns 1,974 shares of the company’s stock worth $128,000 after acquiring an additional 1,611 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in Energizer during the second quarter worth $129,000. Fortis Advisors LLC acquired a new position in Energizer during the second quarter worth $137,000. Harvest Fund Management Co. Ltd raised its stake in Energizer by 128.7% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,231 shares of the company’s stock worth $189,000 after acquiring an additional 1,818 shares in the last quarter. Finally, Texas Yale Capital Corp. bought a new stake in shares of Energizer during the second quarter worth $202,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Several analysts have recently commented on ENR shares. Jefferies Financial Group restated a “buy” rating and set a $80.00 target price on shares of Energizer in a report on Monday, October 22nd. Deutsche Bank increased their target price on Energizer from $64.00 to $68.00 and gave the stock a “hold” rating in a report on Thursday, August 16th. ValuEngine cut Energizer from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. Morgan Stanley increased their target price on Energizer from $63.00 to $67.00 and gave the stock an “equal weight” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research upgraded Energizer from a “sell” rating to a “hold” rating in a report on Monday, July 23rd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $68.20.

In related news, Director Bill G. Armstrong sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 12th. The stock was sold at an average price of $58.81, for a total value of $58,810.00. Following the transaction, the director now owns 24,387 shares in the company, valued at $1,434,199.47. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.79% of the stock is owned by company insiders.

Shares of ENR stock opened at $60.25 on Tuesday. The company has a current ratio of 1.82, a quick ratio of 1.31 and a debt-to-equity ratio of 20.43. The firm has a market cap of $3.67 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 2.30 and a beta of 0.71. Energizer Holdings Inc has a 52 week low of $43.12 and a 52 week high of $65.57.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Friday, November 30th will be issued a $0.30 dividend. This is a boost from Energizer’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 1.99%. Energizer’s dividend payout ratio (DPR) is currently 38.93%.

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Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.

Read More: Institutional Investors

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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