Energizer Holdings, Inc. (NYSE:ENR) Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 9.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 80,286 shares of the company’s stock after buying an additional 6,794 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Energizer were worth $2,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of ENR. SG Americas Securities LLC purchased a new position in Energizer during the 3rd quarter worth $503,000. Maryland State Retirement & Pension System purchased a new position in shares of Energizer during the 3rd quarter worth approximately $785,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Energizer by 2.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 16,695 shares of the company’s stock valued at $535,000 after buying an additional 324 shares during the period. Miracle Mile Advisors LLC boosted its stake in shares of Energizer by 6.4% in the third quarter. Miracle Mile Advisors LLC now owns 12,076 shares of the company’s stock valued at $387,000 after buying an additional 729 shares in the last quarter. Finally, New York State Teachers Retirement System grew its holdings in Energizer by 5.1% during the third quarter. New York State Teachers Retirement System now owns 105,872 shares of the company’s stock worth $3,392,000 after acquiring an additional 5,149 shares during the period. 93.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Energizer Stock Performance

NYSE:ENR opened at $28.77 on Thursday. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $37.32. The company has a market capitalization of $2.06 billion, a P/E ratio of 22.30 and a beta of 1.06. The company has a current ratio of 2.03, a quick ratio of 1.15 and a debt-to-equity ratio of 19.36. The firm has a 50-day moving average price of $28.40 and a two-hundred day moving average price of $30.60.

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

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Tuesday, May 21st. Energizer’s payout ratio is currently 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.