Glenmede Trust Co. NA Sells 4,763 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Glenmede Trust Co. NA cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,379 shares of the company’s stock after selling 4,763 shares during the period. Glenmede Trust Co. NA owned approximately 0.63% of Energizer worth $14,399,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ENR. Clarkston Capital Partners LLC boosted its holdings in shares of Energizer by 12.6% during the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock valued at $151,660,000 after acquiring an additional 533,831 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Energizer by 192.5% in the second quarter. Victory Capital Management Inc. now owns 372,697 shares of the company’s stock worth $11,009,000 after purchasing an additional 245,285 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Energizer by 38.0% in the second quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock worth $25,778,000 after purchasing an additional 240,402 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Energizer by 155.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 129,567 shares of the company’s stock worth $3,827,000 after purchasing an additional 78,895 shares during the period. Finally, Profit Investment Management LLC purchased a new stake in Energizer during the 3rd quarter valued at $2,238,000. 93.74% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Energizer news, EVP Robin Vauth sold 4,070 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.16, for a total value of $155,311.20. Following the completion of the transaction, the executive vice president now directly owns 9,827 shares in the company, valued at $374,998.32. This represents a 29.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total transaction of $108,233.88. Following the completion of the transaction, the vice president now directly owns 4,635 shares in the company, valued at $178,401.15. This trade represents a 37.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,860 shares of company stock worth $334,694. Corporate insiders own 0.77% of the company’s stock.

Energizer Price Performance

Shares of NYSE:ENR opened at $38.26 on Friday. The company has a market capitalization of $2.75 billion, a P/E ratio of 73.58 and a beta of 1.04. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.21. The firm’s 50 day simple moving average is $32.92 and its two-hundred day simple moving average is $30.88. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio (DPR) is 230.77%.

Analyst Upgrades and Downgrades

Several analysts recently commented on ENR shares. Canaccord Genuity Group lifted their price objective on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Truist Financial boosted their price target on Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Energizer from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. Finally, Barclays cut shares of Energizer from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $34.00 to $36.00 in a research note on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $37.63.

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.