Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) major shareholder Aqua Capital, Ltd. acquired 38,006 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average price of $18.21 per share, with a total value of $692,089.26. Following the acquisition, the insider directly owned 7,200,000 shares of the company’s stock, valued at approximately $131,112,000. This represents a 0.53% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Aqua Capital, Ltd. also recently made the following trade(s):
- On Thursday, May 21st, Aqua Capital, Ltd. purchased 43,380 shares of Energizer stock. The stock was acquired at an average price of $16.81 per share, with a total value of $729,217.80.
- On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The stock was bought at an average price of $16.18 per share, for a total transaction of $1,320,433.62.
- On Wednesday, April 15th, Aqua Capital, Ltd. bought 4,200 shares of Energizer stock. The stock was bought at an average price of $18.85 per share, with a total value of $79,170.00.
- On Tuesday, April 14th, Aqua Capital, Ltd. bought 1,643 shares of Energizer stock. The shares were 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 shares were bought at an average price of $17.47 per share, for a total transaction of $251,078.84.
Energizer Price Performance
ENR stock opened at $18.86 on Friday. The business’s 50-day moving average is $18.15 and its two-hundred day moving average is $19.40. 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 firm has a market capitalization of $1.29 billion, a P/E ratio of 6.91 and a beta of 0.78. Energizer Holdings, Inc. has a 1 year low of $15.75 and a 1 year high of $30.29.
Energizer Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.4%. Energizer’s dividend payout ratio is currently 43.96%.
Analysts Set New Price Targets
ENR has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. Evercore set a $28.00 price objective on Energizer in a research report on Tuesday, February 10th. Canaccord Genuity Group dropped their price objective on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley set a $24.00 target price on Energizer in a research report on Monday, February 9th. Finally, UBS Group boosted their target price on Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus price target of $23.14.
View Our Latest Report on Energizer
Hedge Funds Weigh In On Energizer
Several large investors have recently bought and sold shares of the stock. Huntington National Bank grew its holdings in shares of Energizer by 1,836.1% during the third quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after purchasing an additional 1,120 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Energizer by 51.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after purchasing an additional 644 shares during the period. Aster Capital Management DIFC Ltd grew its stake in Energizer by 148.1% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after buying an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Energizer during the third quarter worth approximately $47,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after buying an additional 503 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
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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