Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. bought 35,686 shares of Energizer stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average cost of $18.44 per share, with a total value of $658,049.84. Following the acquisition, the insider directly owned 7,235,686 shares in the company, valued at $133,426,049.84. This trade represents a 0.50% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Monday, June 1st, Aqua Capital, Ltd. bought 38,006 shares of Energizer stock. The shares were bought at an average cost 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 stock was acquired at an average cost of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. purchased 81,609 shares of Energizer stock. The shares were purchased at an average cost of $16.18 per share, with a total value of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. purchased 4,200 shares of Energizer stock. The shares were purchased at an average cost 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 stock was bought at an average cost of $18.90 per share, with a total value of $31,052.70.
- On Wednesday, April 8th, Aqua Capital, Ltd. purchased 14,372 shares of Energizer stock. The stock was acquired at an average price of $17.47 per share, with a total value of $251,078.84.
Energizer Trading Up 2.3%
Shares of ENR traded up $0.44 during trading hours on Friday, hitting $19.32. 570,572 shares of the stock were exchanged, compared to its average volume of 1,245,354. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The business has a 50-day moving average of $18.15 and a 200-day moving average of $19.40. The firm has a market capitalization of $1.32 billion, a P/E ratio of 7.08 and a beta of 0.78.
Energizer Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 6.2%. Energizer’s dividend payout ratio is currently 43.96%.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on ENR shares. Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Evercore set a $28.00 target price on shares of Energizer in a report on Tuesday, February 10th. Morgan Stanley set a $24.00 target price on shares of Energizer in a report on Monday, February 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. Finally, UBS Group lifted their target price on shares of Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Energizer has an average rating of “Hold” and a consensus target price of $23.14.
Read Our Latest Research Report on ENR
Institutional Trading of Energizer
A number of hedge funds and other institutional investors have recently modified their holdings of ENR. Northwestern Mutual Wealth Management Co. increased its stake in shares of Energizer by 148,623.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after acquiring an additional 2,792,643 shares during the last quarter. Armistice Capital LLC purchased a new position in shares of Energizer during the 4th quarter worth $20,606,000. Medina Value Partners LLC purchased a new position in shares of Energizer during the 3rd quarter worth $17,141,000. LSV Asset Management grew its holdings in shares of Energizer by 24.5% during the 3rd quarter. LSV Asset Management now owns 3,436,574 shares of the company’s stock worth $85,536,000 after purchasing an additional 675,426 shares during the period. Finally, Kettle Hill Capital Management LLC grew its holdings in shares of Energizer by 438.2% during the 3rd quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares during the period. 93.74% of the stock is owned by institutional investors and hedge funds.
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.
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