Robin Vauth Sells 1,978 Shares of Energizer Holdings, Inc. (NYSE:ENR) Stock

Energizer Holdings, Inc. (NYSE:ENR) EVP Robin Vauth sold 1,978 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares of the company’s stock, valued at $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Energizer Stock Up 9.1 %

Energizer stock traded up $3.10 during trading on Tuesday, hitting $37.25. 2,382,144 shares of the company were exchanged, compared to its average volume of 572,372. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $39.21. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. The company has a market capitalization of $2.67 billion, a P/E ratio of 266.09 and a beta of 1.04. The business’s 50 day moving average is $31.81 and its 200 day moving average is $30.52.

Energizer Dividend Announcement

The firm 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 3.22%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is presently 857.20%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ENR. Barclays raised their target price on Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Truist Financial raised Energizer from a “hold” rating to a “buy” rating and raised 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 Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. JPMorgan Chase & Co. increased their target price on Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Finally, StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $35.00.

Hedge Funds Weigh In On Energizer

Several institutional investors have recently added to or reduced their stakes in ENR. SG Americas Securities LLC raised its holdings in Energizer by 27.7% during the 1st quarter. SG Americas Securities LLC now owns 4,238 shares of the company’s stock valued at $125,000 after acquiring an additional 919 shares during the period. Swiss National Bank raised its position in Energizer by 0.5% during the first quarter. Swiss National Bank now owns 134,525 shares of the company’s stock valued at $3,960,000 after purchasing an additional 700 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Energizer by 7.5% during the 1st quarter. ProShare Advisors LLC now owns 14,343 shares of the company’s stock valued at $422,000 after purchasing an additional 1,001 shares during the last quarter. State Board of Administration of Florida Retirement System raised its holdings in shares of Energizer by 21.1% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 24,770 shares of the company’s stock valued at $729,000 after buying an additional 4,310 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Energizer during the 1st quarter valued at about $297,000. Institutional investors own 93.74% of the company’s stock.

About Energizer

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.