Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL raised its stake in Energizer Holdings, Inc. (NYSE:ENR) by 52.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,776 shares of the company’s stock after buying an additional 7,117 shares during the quarter. Chesapeake Capital Corp IL’s holdings in Energizer were worth $725,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC increased its position in Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Energizer in the 3rd quarter valued at approximately $30,000. Quarry LP acquired a new stake in shares of Energizer during the 3rd quarter worth approximately $39,000. Prospera Private Wealth LLC purchased a new stake in shares of Energizer during the 3rd quarter valued at approximately $42,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Energizer by 94.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock valued at $54,000 after acquiring an additional 753 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Trading Down 1.2 %

Shares of ENR stock opened at $30.08 on Wednesday. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $39.52. The company has a 50 day moving average price of $32.34 and a 200 day moving average price of $33.16. The stock has a market capitalization of $2.17 billion, a P/E ratio of 38.07 and a beta of 1.09. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.64 by $0.03. The business had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 earnings per share. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Thursday, February 20th. Energizer’s dividend payout ratio is currently 151.90%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Canaccord Genuity Group raised their target price on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. Royal Bank of Canada reissued a “sector perform” rating and set a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. Truist Financial upped their target price on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their price target on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Finally, UBS Group decreased their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $38.38.

Energizer 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.