Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. purchased 38,006 shares of Energizer stock in a transaction that occurred on Monday, June 1st. The shares were bought at an average price of $18.21 per share, with a total value of $692,089.26. Following the transaction, the insider owned 7,200,000 shares of the company’s stock, valued at $131,112,000. This trade represents a 0.53% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Thursday, May 21st, Aqua Capital, Ltd. purchased 43,380 shares of Energizer stock. The shares were bought at an average price of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. purchased 81,609 shares of Energizer stock. The shares were bought at an average price of $16.18 per share, with a total value of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. purchased 4,200 shares of Energizer stock. The shares were bought at an average price of $18.85 per share, with a total value of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. purchased 1,643 shares of Energizer stock. The shares were bought at an average price of $18.90 per share, with a total value of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The shares were bought at an average price of $17.47 per share, with a total value of $251,078.84.
Energizer Price Performance
ENR opened at $18.29 on Wednesday. The firm has a market cap of $1.25 billion, a P/E ratio of 6.70 and a beta of 0.78. The firm has a 50-day moving average of $18.04 and a 200 day moving average of $19.52. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29.
Energizer Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 6.6%. Energizer’s dividend payout ratio is 43.96%.
Institutional Investors Weigh In On Energizer
A number of institutional investors and hedge funds have recently modified their holdings of ENR. Huntington National Bank lifted its holdings in shares of Energizer by 1,836.1% in the third quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after buying an additional 1,120 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Energizer by 51.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after buying an additional 644 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after buying an additional 1,240 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Energizer in the third quarter worth about $47,000. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after buying an additional 503 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have commented on ENR shares. JPMorgan Chase & Co. dropped their price objective on shares of Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. UBS Group upped their price objective on shares of Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Morgan Stanley set a $24.00 price objective on shares of Energizer in a report on Monday, February 9th. Canaccord Genuity Group dropped their price objective on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Finally, Barclays dropped their price objective on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $23.14.
About Energizer
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
Further Reading
- Five stocks we like better than Energizer
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear CaseāIs a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.
