CWM Advisors LLC lowered its position in shares of Energizer Holdings Inc (NYSE:ENR) by 19.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,546 shares of the company’s stock after selling 1,130 shares during the quarter. CWM Advisors LLC’s holdings in Energizer were worth $228,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the stock. CWM LLC raised its position in Energizer by 1,767.7% in the third quarter. CWM LLC now owns 579 shares of the company’s stock worth $25,000 after acquiring an additional 548 shares in the last quarter. Bartlett & Co. LLC acquired a new position in shares of Energizer in the 3rd quarter worth approximately $35,000. NEXT Financial Group Inc bought a new stake in shares of Energizer in the 4th quarter worth approximately $98,000. Honkamp Krueger Financial Services Inc. bought a new stake in shares of Energizer in the 4th quarter worth approximately $206,000. Finally, SG Americas Securities LLC raised its holdings in shares of Energizer by 38.0% in the 3rd quarter. SG Americas Securities LLC now owns 4,120 shares of the company’s stock worth $180,000 after purchasing an additional 1,135 shares in the last quarter. 96.74% of the stock is currently owned by hedge funds and other institutional investors.
ENR has been the subject of a number of research reports. Evercore ISI restated a “buy” rating and set a $60.00 target price on shares of Energizer in a report on Friday, November 22nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $65.00 price target (up previously from $60.00) on shares of Energizer in a report on Friday, November 22nd. Morgan Stanley upped their price target on Energizer from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Monday, December 2nd. UBS Group increased their price objective on Energizer from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, ValuEngine raised Energizer from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. Energizer presently has an average rating of “Buy” and an average price target of $55.77.
ENR stock opened at $48.43 on Friday. Energizer Holdings Inc has a 52-week low of $32.54 and a 52-week high of $53.03. The company’s 50 day simple moving average is $49.80 and its 200-day simple moving average is $43.83. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.91 and a quick ratio of 1.47. The firm has a market capitalization of $3.36 billion, a P/E ratio of 72.28, a P/E/G ratio of 1.44 and a beta of 0.64.
Energizer (NYSE:ENR) last posted its quarterly earnings data on Wednesday, November 13th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Energizer had a net margin of 2.05% and a return on equity of 47.23%. The firm had revenue of $719.00 million during the quarter, compared to analyst estimates of $712.79 million. During the same quarter last year, the business posted $0.83 EPS. The company’s revenue was up 57.3% on a year-over-year basis. Sell-side analysts predict that Energizer Holdings Inc will post 3.09 EPS for the current fiscal year.
Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.
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