tru Independence LLC Sells 10,275 Shares of Energizer Holdings, Inc. (NYSE:ENR)

tru Independence LLC trimmed its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,885 shares of the company’s stock after selling 10,275 shares during the period. Energizer accounts for 1.7% of tru Independence LLC’s portfolio, making the stock its 23rd largest holding. tru Independence LLC owned 0.22% of Energizer worth $5,439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE raised its holdings in Energizer by 1.6% during the third quarter. US Bancorp DE now owns 19,593 shares of the company’s stock valued at $622,000 after acquiring an additional 308 shares during the period. GAMMA Investing LLC raised its stake in Energizer by 86.4% during the 4th quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock valued at $27,000 after purchasing an additional 356 shares during the period. Avior Wealth Management LLC raised its position in shares of Energizer by 22.4% during the third quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock valued at $65,000 after buying an additional 376 shares during the last quarter. Eagle Bluffs Wealth Management LLC raised its position 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 valued at $1,365,000 after buying an additional 508 shares during the last quarter. Finally, SkyView Investment Advisors LLC raised its position in shares of Energizer by 2.9% during the third quarter. SkyView Investment Advisors LLC now owns 18,353 shares of the company’s stock valued at $583,000 after buying an additional 513 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ENR has been the topic of a number of research reports. Truist Financial lifted their price target on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Canaccord Genuity Group lifted their target price on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Morgan Stanley boosted their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. UBS Group cut their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, JPMorgan Chase & Co. dropped 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. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Energizer has an average rating of “Hold” and a consensus target price of $38.38.

Energizer Stock Performance

Shares of Energizer stock opened at $34.84 on Monday. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 23.51. The firm has a market cap of $2.51 billion, a P/E ratio of 66.72 and a beta of 1.07. The stock’s fifty day moving average price is $36.24 and its 200-day moving average price is $32.89. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.51.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.44%. Energizer’s payout ratio is 230.77%.

Insider Activity

In other news, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total transaction of $108,233.88. Following the sale, the vice president now owns 4,635 shares in the company, valued at approximately $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 5,758 shares in the company, valued at approximately $207,115.26. This represents a 25.57 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,860 shares of company stock worth $334,694. 0.98% of the stock is currently owned by company insiders.

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.