Natixis Advisors LLC Has $470,000 Position in Energizer Holdings, Inc. (NYSE:ENR)

Natixis Advisors LLC grew its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 28.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,472 shares of the company’s stock after purchasing an additional 3,005 shares during the quarter. Natixis Advisors LLC’s holdings in Energizer were worth $470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Energizer in the fourth quarter worth approximately $11,718,000. Verition Fund Management LLC increased its stake in shares of Energizer by 56.5% in the 3rd quarter. Verition Fund Management LLC now owns 526,683 shares of the company’s stock valued at $16,727,000 after acquiring an additional 190,195 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Energizer in the 4th quarter valued at $5,545,000. Zacks Investment Management acquired a new position in shares of Energizer during the 3rd quarter valued at $3,910,000. Finally, NewSquare Capital LLC bought a new position in Energizer during the fourth quarter worth $3,783,000. Institutional investors own 93.74% of the company’s stock.

Analysts Set New Price Targets

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

Energizer Trading Up 0.8 %

NYSE ENR opened at $29.78 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 firm has a market capitalization of $2.15 billion, a P/E ratio of 37.70 and a beta of 1.09. The business has a fifty day simple moving average of $31.57 and a 200 day simple moving average of $33.04. 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 results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company had revenue of $731.70 million for the quarter, compared to analyst estimates of $726.23 million. During the same period last year, the firm earned $0.59 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. On average, analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 4.03%. Energizer’s dividend payout ratio (DPR) is currently 151.90%.

Energizer Company 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.