FMR LLC raised its position in shares of Energizer Holdings Inc (NYSE:ENR) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,062,185 shares of the company’s stock after acquiring an additional 810,576 shares during the period. FMR LLC owned approximately 4.38% of Energizer worth $137,584,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Twin Tree Management LP acquired a new position in shares of Energizer during the first quarter worth about $28,000. Osborn Williams & Donohoe LLC acquired a new position in shares of Energizer during the first quarter worth about $31,000. Quantamental Technologies LLC acquired a new position in shares of Energizer during the first quarter worth about $29,000. Advisory Services Network LLC lifted its stake in shares of Energizer by 107.7% during the first quarter. Advisory Services Network LLC now owns 754 shares of the company’s stock worth $34,000 after purchasing an additional 391 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Energizer by 2,395.8% during the first quarter. Rockefeller Capital Management L.P. now owns 2,396 shares of the company’s stock worth $107,000 after purchasing an additional 2,300 shares in the last quarter. 88.00% of the stock is owned by hedge funds and other institutional investors.
Several research firms recently commented on ENR. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 280 ($3.66) price target on shares of in a research note on Wednesday, June 19th. Zacks Investment Research cut First Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, June 14th. Citigroup upgraded China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 14th. TheStreet cut Zimmer Biomet from a “b-” rating to a “c” rating in a research note on Friday, June 7th. Finally, ValuEngine upgraded Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $55.46.
NYSE ENR traded up $0.23 on Thursday, hitting $40.24. 634,270 shares of the stock traded hands, compared to its average volume of 866,747. The company has a 50-day moving average price of $40.66. Energizer Holdings Inc has a twelve month low of $37.39 and a twelve month high of $65.57. The stock has a market capitalization of $2.78 billion, a P/E ratio of 11.94, a P/E/G ratio of 4.02 and a beta of 0.54. The company has a debt-to-equity ratio of 5.51, a current ratio of 2.14 and a quick ratio of 1.66.
Energizer (NYSE:ENR) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.02). Energizer had a net margin of 1.15% and a return on equity of 102.03%. The firm had revenue of $556.40 million for the quarter, compared to analyst estimates of $565.61 million. During the same quarter in the previous year, the company earned $0.45 EPS. The company’s quarterly revenue was up 48.6% compared to the same quarter last year. Research analysts expect that Energizer Holdings Inc will post 2.92 earnings per share for the current year.
Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.
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