Illinois Municipal Retirement Fund Has $1.25 Million Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Illinois Municipal Retirement Fund decreased its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 7.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,733 shares of the company’s stock after selling 3,068 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Energizer were worth $1,247,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of ENR. Creative Planning increased its holdings in shares of Energizer by 42.1% during the third quarter. Creative Planning now owns 24,628 shares of the company’s stock valued at $782,000 after acquiring an additional 7,301 shares in the last quarter. Pinnacle Associates Ltd. grew its holdings in Energizer by 8.6% during the third quarter. Pinnacle Associates Ltd. now owns 77,058 shares of the company’s stock worth $2,441,000 after buying an additional 6,124 shares in the last quarter. US Bancorp DE grew its holdings in Energizer by 1.6% during the third quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after buying an additional 308 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in Energizer during the third quarter worth $264,000. Finally, M&G PLC grew its holdings in Energizer by 4.5% during the third quarter. M&G PLC now owns 248,008 shares of the company’s stock worth $7,936,000 after buying an additional 10,671 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ENR. UBS Group decreased their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Morgan Stanley upped their price target on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 20th. Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. Finally, StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $38.38.

Energizer Stock Down 0.5 %

Shares of NYSE ENR opened at $30.74 on Friday. Energizer Holdings, Inc. has a one year low of $26.92 and a one year high of $39.51. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The business’s fifty day moving average price is $33.50 and its 200-day moving average price is $33.14. The stock has a market capitalization of $2.22 billion, a PE ratio of 38.91 and a beta of 1.06.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The firm had revenue of $731.70 million for the quarter, compared to analysts’ expectations of $726.23 million. During the same quarter in the prior year, the firm earned $0.59 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.90%. Energizer’s dividend payout ratio is presently 151.90%.

About Energizer

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.