Metropolitan Life Insurance Co NY increased its stake in shares of Energizer Holdings Inc (NYSE:ENR) by 6.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,013 shares of the company’s stock after buying an additional 1,189 shares during the period. Metropolitan Life Insurance Co NY’s holdings in Energizer were worth $899,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Twin Tree Management LP bought a new stake in Energizer during the first quarter valued at approximately $28,000. Quantamental Technologies LLC bought a new stake in Energizer during the first quarter valued at approximately $29,000. Osborn Williams & Donohoe LLC bought a new stake in shares of Energizer in the 1st quarter worth approximately $31,000. Advisory Services Network LLC lifted its holdings in shares of Energizer by 107.7% in the 1st quarter. Advisory Services Network LLC now owns 754 shares of the company’s stock worth $34,000 after acquiring an additional 391 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Energizer by 2,395.8% in the 1st quarter. Rockefeller Capital Management L.P. now owns 2,396 shares of the company’s stock worth $107,000 after acquiring an additional 2,300 shares during the last quarter. Institutional investors and hedge funds own 88.00% of the company’s stock.
In related news, Director Robert V. Vitale acquired 1,765 shares of the business’s stock in a transaction on Friday, May 31st. The stock was acquired at an average cost of $42.31 per share, with a total value of $74,677.15. Following the acquisition, the director now directly owns 8,225 shares in the company, valued at approximately $347,999.75. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.25% of the company’s stock.
Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.02). The business had revenue of $556.40 million during the quarter, compared to the consensus estimate of $565.61 million. Energizer had a return on equity of 102.03% and a net margin of 1.15%. Energizer’s revenue for the quarter was up 48.6% on a year-over-year basis. During the same quarter last year, the company earned $0.45 EPS. On average, analysts expect that Energizer Holdings Inc will post 2.92 EPS for the current year.
A number of research firms recently commented on ENR. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 280 ($3.66) price objective on shares of in a research report on Wednesday, June 19th. Goldman Sachs Group raised shares of Energizer from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $48.00 to $60.00 in a research report on Sunday, March 31st. ValuEngine raised shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 27th. Deutsche Bank reissued a “hold” rating and set a GBX 1,775 ($23.19) price objective on shares of in a research report on Wednesday, June 26th. Finally, Citigroup raised shares of China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a research report on Tuesday, May 14th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $55.46.
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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