Energizer Holdings, Inc. $ENR Shares Acquired by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. boosted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 58.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,094,195 shares of the company’s stock after buying an additional 775,221 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Energizer were worth $62,658,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ENR. CX Institutional acquired a new position in Energizer during the first quarter worth about $33,000. Caitong International Asset Management Co. Ltd grew its position in Energizer by 108.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after buying an additional 579 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Energizer during the fourth quarter worth about $43,000. Curat Global LLC acquired a new position in Energizer during the first quarter worth about $53,000. Finally, Central Pacific Bank Trust Division grew its position in Energizer by 29.4% during the first quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company’s stock worth $66,000 after buying an additional 500 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Price Performance

Energizer stock opened at $27.47 on Tuesday. Energizer Holdings, Inc. has a 52-week low of $19.70 and a 52-week high of $39.51. The firm has a fifty day moving average of $23.27 and a 200-day moving average of $26.05. The firm has a market capitalization of $1.88 billion, a P/E ratio of 7.92 and a beta of 0.63. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57.

Energizer (NYSE:ENR) last released its quarterly earnings results on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.52. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $0.79 EPS. As a group, analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Thursday, August 21st. Energizer’s dividend payout ratio is 34.58%.

Analysts Set New Price Targets

Several brokerages have weighed in on ENR. Canaccord Genuity Group lowered their target price on shares of Energizer from $31.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, May 7th. Barclays upped their price target on shares of Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. UBS Group reaffirmed a “neutral” rating and issued a $29.00 price target (up previously from $23.00) on shares of Energizer in a report on Tuesday, August 5th. Truist Financial upped their price target on shares of Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Energizer from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus price target of $31.43.

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, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.