Energizer Holdings, Inc. (NYSE:ENR) Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC boosted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 29.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,773 shares of the company’s stock after purchasing an additional 40,891 shares during the quarter. Seizert Capital Partners LLC owned about 0.25% of Energizer worth $5,773,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ENR. Natixis Advisors LLC purchased a new stake in shares of Energizer during the 3rd quarter worth approximately $332,000. Aigen Investment Management LP acquired a new stake in Energizer during the 3rd quarter worth $215,000. GSA Capital Partners LLP lifted its position in Energizer by 27.2% in the third quarter. GSA Capital Partners LLP now owns 38,107 shares of the company’s stock valued at $1,210,000 after acquiring an additional 8,152 shares during the last quarter. Versor Investments LP boosted its stake in Energizer by 60.3% in the third quarter. Versor Investments LP now owns 32,780 shares of the company’s stock valued at $1,041,000 after acquiring an additional 12,337 shares in the last quarter. Finally, Eagle Bluffs Wealth Management LLC grew its holdings in shares of Energizer by 1.2% during the third quarter. Eagle Bluffs Wealth Management LLC now owns 42,986 shares of the company’s stock worth $1,365,000 after purchasing an additional 508 shares during the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ENR. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. Truist Financial upgraded Energizer from a “hold” rating to a “buy” rating and boosted their price objective for the company from $30.00 to $40.00 in a research note on Tuesday, August 27th. Evercore ISI lowered their target price on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Barclays lifted their target price on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Finally, JPMorgan Chase & Co. increased their price target on shares of Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, October 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $35.00.

Energizer Price Performance

Shares of NYSE ENR opened at $33.92 on Friday. The stock has a fifty day moving average price of $31.55 and a 200 day moving average price of $30.41. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $34.29. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. The company has a market cap of $2.44 billion, a PE ratio of 242.30 and a beta of 1.04.

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Wednesday, November 27th. Energizer’s payout ratio is 857.20%.

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.