Robin Vauth Sells 1,978 Shares of Energizer Holdings, Inc. (NYSE:ENR) Stock

Energizer Holdings, Inc. (NYSE:ENR) EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now owns 5,758 shares of the company’s stock, valued at $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Energizer Price Performance

Shares of NYSE ENR opened at $37.25 on Wednesday. The stock’s 50-day moving average is $31.81 and its two-hundred day moving average is $30.52. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $39.21. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 266.09 and a beta of 1.04.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.20 annualized dividend and a yield of 3.22%. Energizer’s dividend payout ratio (DPR) is 857.20%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ENR. Neo Ivy Capital Management purchased a new position in shares of Energizer in the 3rd quarter valued at about $30,000. Clearstead Trust LLC increased its holdings in shares of Energizer by 307.1% in the 2nd quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock valued at $32,000 after acquiring an additional 820 shares during the last quarter. Quarry LP purchased a new position in shares of Energizer in the 3rd quarter valued at about $39,000. Prospera Private Wealth LLC purchased a new position in shares of Energizer in the 3rd quarter valued at about $42,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Energizer in the 2nd quarter valued at about $65,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ENR. JPMorgan Chase & Co. boosted their price target on Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, October 11th. Barclays upped their price target on Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a research note on Monday, October 14th. Truist Financial upgraded Energizer from a “hold” rating to a “buy” rating and boosted their price objective for the company from $30.00 to $40.00 in a report on Tuesday, August 27th. Finally, Evercore ISI cut their price objective on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.00.

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.