Energizer Holdings, Inc. (NYSE:ENR) Shares Purchased by LPL Financial LLC

LPL Financial LLC lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 14.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 11,804 shares of the company’s stock after buying an additional 1,446 shares during the quarter. LPL Financial LLC’s holdings in Energizer were worth $412,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in Energizer during the 4th quarter worth $11,718,000. Wealthfront Advisers LLC purchased a new stake in shares of Energizer in the fourth quarter worth about $5,545,000. NewSquare Capital LLC acquired a new stake in shares of Energizer in the fourth quarter valued at about $3,783,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Energizer during the 4th quarter valued at about $3,782,000. Finally, KBC Group NV lifted its position in Energizer by 5,308.0% during the 4th quarter. KBC Group NV now owns 89,664 shares of the company’s stock worth $3,128,000 after acquiring an additional 88,006 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Barclays lowered their price objective on shares of Energizer from $32.00 to $27.00 and set an “equal weight” rating for the company in a research report on Friday, April 11th. UBS Group lowered their price target on shares of Energizer from $36.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Canaccord Genuity Group cut their price objective on shares of Energizer from $36.00 to $31.00 and set a “hold” rating on the stock in a report on Wednesday. Royal Bank of Canada restated a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Finally, StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Seven investment 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 company currently has an average rating of “Hold” and an average target price of $33.75.

Energizer Price Performance

ENR opened at $26.97 on Friday. 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 Holdings, Inc. has a 1-year low of $25.42 and a 1-year high of $39.52. The company has a 50-day moving average of $28.98 and a 200-day moving average of $32.61. The company has a market capitalization of $1.95 billion, a P/E ratio of 34.14 and a beta of 0.92.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.03. The firm had revenue of $731.70 million for 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 for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Equities analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

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.