38,946 Shares in Energizer Holdings, Inc. (NYSE:ENR) Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 38,946 shares of the company’s stock, valued at approximately $1,234,000. Illinois Municipal Retirement Fund owned about 0.05% of Energizer as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of ENR. Vanguard Group Inc. increased its position in shares of Energizer by 13.8% during the third quarter. Vanguard Group Inc. now owns 9,298,682 shares of the company’s stock valued at $297,930,000 after acquiring an additional 1,126,158 shares during the last quarter. FMR LLC increased its position in shares of Energizer by 28.2% during the 3rd quarter. FMR LLC now owns 6,860,185 shares of the company’s stock valued at $219,800,000 after purchasing an additional 1,508,081 shares during the last quarter. LSV Asset Management raised its stake in shares of Energizer by 1.4% during the 3rd quarter. LSV Asset Management now owns 1,750,934 shares of the company’s stock worth $56,100,000 after purchasing an additional 23,844 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of Energizer by 0.5% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,270,495 shares of the company’s stock worth $40,707,000 after buying an additional 6,823 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in Energizer by 12.5% during the third quarter. Principal Financial Group Inc. now owns 895,249 shares of the company’s stock valued at $28,683,000 after buying an additional 99,353 shares during the period. Institutional investors own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on ENR. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Barclays lowered their price target on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $35.00.

Energizer Price Performance

ENR opened at $28.51 on Friday. The firm has a 50-day moving average price of $28.48 and a 200-day moving average price of $30.63. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $37.32. The company has a quick ratio of 1.15, a current ratio of 2.03 and a debt-to-equity ratio of 19.36. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 22.10 and a beta of 1.06.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The firm had revenue of $716.60 million for the quarter, compared to the consensus estimate of $710.73 million. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 earnings per share. Equities analysts expect that Energizer Holdings, Inc. will post 3.21 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Wednesday, February 21st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.21%. The ex-dividend date was Tuesday, February 20th. Energizer’s dividend payout ratio (DPR) is 93.02%.

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.