Vista Investment Partners LLC Takes Position in Energizer Holdings, Inc. (NYSE:ENR)

Vista Investment Partners LLC bought a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,849 shares of the company’s stock, valued at approximately $553,000.

A number of other large investors have also bought and sold shares of the stock. Clarkston Capital Partners LLC lifted its holdings in shares of Energizer by 12.6% in the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after purchasing an additional 533,831 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Energizer by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after buying an additional 19,836 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Energizer by 38.0% during the second quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock valued at $25,778,000 after buying an additional 240,402 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Energizer by 4.6% during the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock worth $27,369,000 after acquiring an additional 37,713 shares in the last quarter. Finally, Verition Fund Management LLC increased its position in shares of Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company’s stock worth $16,727,000 after acquiring an additional 190,195 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Stock Down 0.7 %

ENR opened at $34.37 on Friday. Energizer Holdings, Inc. has a 12 month low of $26.92 and a 12 month high of $39.51. The company has a market cap of $2.48 billion, a PE ratio of 66.10 and a beta of 1.07. 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 company has a 50 day moving average of $36.24 and a 200 day moving average of $32.87.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.49%. Energizer’s payout ratio is currently 230.77%.

Insider Buying and Selling at Energizer

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 completion of the transaction, the vice president now owns 4,635 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robin Vauth sold 4,070 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the sale, the executive vice president now owns 9,827 shares in the company, valued at approximately $374,998.32. This trade represents a 29.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,860 shares of company stock valued at $334,694 in the last quarter. 0.98% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays lowered Energizer from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $34.00 to $36.00 in a report on Wednesday, November 20th. JPMorgan Chase & Co. dropped their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Morgan Stanley upped their target price on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. UBS Group dropped their price target on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Truist Financial increased their price objective on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.38.

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.