Prudential PLC Increases Stake in Energizer Holdings Inc (ENR)

Prudential PLC grew its holdings in Energizer Holdings Inc (NYSE:ENR) by 31.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 131,061 shares of the company’s stock after buying an additional 31,672 shares during the period. Prudential PLC owned 0.19% of Energizer worth $5,917,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENR. Ceredex Value Advisors LLC raised its holdings in Energizer by 32.2% during the fourth quarter. Ceredex Value Advisors LLC now owns 3,949,977 shares of the company’s stock worth $178,342,000 after purchasing an additional 961,356 shares in the last quarter. Panagora Asset Management Inc. raised its holdings in Energizer by 390.2% during the third quarter. Panagora Asset Management Inc. now owns 521,600 shares of the company’s stock worth $30,592,000 after purchasing an additional 415,203 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Energizer by 4.9% during the third quarter. JPMorgan Chase & Co. now owns 5,160,218 shares of the company’s stock worth $302,647,000 after purchasing an additional 243,347 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in Energizer by 1,662.3% during the third quarter. Canada Pension Plan Investment Board now owns 215,000 shares of the company’s stock worth $12,610,000 after purchasing an additional 202,800 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Energizer by 83.5% during the third quarter. Renaissance Technologies LLC now owns 370,319 shares of the company’s stock worth $21,719,000 after purchasing an additional 168,519 shares in the last quarter. 78.53% of the stock is owned by hedge funds and other institutional investors.

Shares of ENR opened at $45.99 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.10 and a debt-to-equity ratio of 13.86. Energizer Holdings Inc has a twelve month low of $42.74 and a twelve month high of $65.57. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 2.52 and a beta of 0.49.



Energizer (NYSE:ENR) last issued its earnings results on Tuesday, February 5th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.11. Energizer had a net margin of 5.78% and a return on equity of 452.08%. The company had revenue of $572.00 million for the quarter, compared to analyst estimates of $572.02 million. During the same period in the prior year, the business posted $1.55 earnings per share. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. Equities analysts anticipate that Energizer Holdings Inc will post 3.02 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 18th. Shareholders of record on Monday, February 25th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, February 22nd. This represents a $1.20 annualized dividend and a yield of 2.61%. Energizer’s payout ratio is currently 35.61%.

Several research firms recently issued reports on ENR. Zacks Investment Research raised shares of Energizer from a “sell” rating to a “hold” rating in a report on Wednesday, December 12th. TheStreet cut shares of Energizer from a “b” rating to a “c+” rating in a report on Friday, November 16th. Evercore ISI began coverage on shares of Energizer in a report on Tuesday, February 12th. They set an “outperform” rating and a $55.00 price target for the company. Bank of America reissued an “underperform” rating and set a $45.00 price target (down from $50.00) on shares of Energizer in a report on Thursday, December 6th. Finally, ValuEngine raised shares of Energizer from a “sell” rating to a “hold” rating in a report on Thursday, December 13th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $59.80.

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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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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