Energizer Holdings, Inc. (NYSE:ENR) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 50,500 shares of the company’s stock after selling 806 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Energizer were worth $1,762,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of Energizer by 86.4% in the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock valued at $27,000 after purchasing an additional 356 shares during the period. Neo Ivy Capital Management purchased a new stake in Energizer in the third quarter valued at approximately $30,000. Quarry LP acquired a new stake in shares of Energizer in the third quarter valued at approximately $39,000. Smartleaf Asset Management LLC grew its position in shares of Energizer by 94.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock worth $54,000 after acquiring an additional 753 shares during the last quarter. Finally, Central Pacific Bank Trust Division increased its holdings in shares of Energizer by 750.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock valued at $59,000 after acquiring an additional 1,500 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Performance

NYSE ENR opened at $29.68 on Friday. The company has a current ratio of 1.80, a quick ratio of 0.94 and a debt-to-equity ratio of 22.17. The business’s 50 day moving average is $31.46 and its two-hundred day moving average is $33.08. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 37.57 and a beta of 1.09. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.52.

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

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.04%. Energizer’s payout ratio is currently 151.90%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ENR. JPMorgan Chase & Co. decreased their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group decreased their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research report on Thursday, January 30th. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, Barclays lowered their target price on Energizer from $36.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Thursday. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $37.88.

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.