Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 35,686 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average price of $18.44 per share, with a total value of $658,049.84. Following the acquisition, the insider owned 7,235,686 shares in the company, valued at $133,426,049.84. This trade represents a 0.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Monday, June 1st, Aqua Capital, Ltd. acquired 38,006 shares of Energizer stock. The shares were acquired at an average price of $18.21 per share, with a total value of $692,089.26.
- On Thursday, May 21st, Aqua Capital, Ltd. acquired 43,380 shares of Energizer stock. The shares were acquired at an average price of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The shares were acquired 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. acquired 4,200 shares of Energizer stock. The shares were acquired at an average price of $18.85 per share, with a total value of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. acquired 1,643 shares of Energizer stock. The shares were acquired at an average price of $18.90 per share, with a total value of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. acquired 14,372 shares of Energizer stock. The shares were acquired at an average price of $17.47 per share, with a total value of $251,078.84.
Energizer Price Performance
ENR opened at $19.46 on Friday. The business has a fifty day moving average of $18.20 and a 200 day moving average of $19.40. Energizer Holdings, Inc. has a 52-week low of $15.75 and a 52-week high of $30.29. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. The stock has a market cap of $1.33 billion, a P/E ratio of 7.13 and a beta of 0.78.
Energizer Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Wednesday, May 20th. Energizer’s dividend payout ratio is currently 43.96%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ENR. Huntington National Bank increased its position in Energizer by 1,836.1% during the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company’s stock valued at $29,000 after buying an additional 1,120 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Energizer by 51.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after buying an additional 644 shares in the last quarter. Aster Capital Management DIFC Ltd increased its position in Energizer by 148.1% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after buying an additional 1,240 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Energizer during the 3rd quarter valued at about $47,000. Finally, Public Employees Retirement System of Ohio increased its position in Energizer by 25.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after buying an additional 503 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on ENR shares. JPMorgan Chase & Co. lowered their target price on Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. Barclays lowered their target price on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Finally, Morgan Stanley set a $24.00 target price on Energizer in a report on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $23.14.
Read Our Latest Stock Analysis on ENR
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.
Read More
- Five stocks we like better than Energizer
- MarketBeat Week in Review – 06/01 – 06/05
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
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.
