Teacher Retirement System of Texas Buys 6,915 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Teacher Retirement System of Texas increased its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,725 shares of the company’s stock after buying an additional 6,915 shares during the quarter. Teacher Retirement System of Texas’ holdings in Energizer were worth $2,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Natixis Advisors LLC bought a new stake in shares of Energizer in the 3rd quarter worth $332,000. Intech Investment Management LLC purchased a new position in Energizer during the third quarter worth about $595,000. Charles Schwab Investment Management Inc. grew its position in Energizer by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock worth $29,587,000 after purchasing an additional 19,836 shares in the last quarter. Cerity Partners LLC increased its stake in Energizer by 23.0% in the 3rd quarter. Cerity Partners LLC now owns 74,081 shares of the company’s stock valued at $2,353,000 after buying an additional 13,876 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Energizer by 16.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 16,327 shares of the company’s stock worth $519,000 after buying an additional 2,327 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on ENR. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. decreased their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Finally, UBS Group decreased their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus price target of $38.38.

Energizer Trading Up 0.9 %

Shares of ENR opened at $29.54 on Thursday. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $39.52. The business has a 50-day moving average of $31.68 and a 200 day moving average of $33.07. The firm has a market cap of $2.13 billion, a P/E ratio of 37.39 and a beta of 1.09. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. The firm had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $0.59 earnings per share. As a group, research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.06%. Energizer’s dividend payout ratio is currently 151.90%.

Energizer 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.