Energizer Holdings, Inc. (NYSE:ENR) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 92.2% during the third quarter, Holdings Channel reports. The firm owned 56,669 shares of the company’s stock after acquiring an additional 27,183 shares during the quarter. BNP Paribas Financial Markets’ holdings in Energizer were worth $1,800,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in ENR. M&G Plc lifted its stake in Energizer by 33.0% in the second quarter. M&G Plc now owns 237,337 shares of the company’s stock valued at $7,120,000 after buying an additional 58,933 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Energizer by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after purchasing an additional 19,836 shares during the last quarter. Seizert Capital Partners LLC boosted its stake in Energizer by 29.0% during the 3rd quarter. Seizert Capital Partners LLC now owns 181,773 shares of the company’s stock worth $5,773,000 after purchasing an additional 40,891 shares during the period. Clarkston Capital Partners LLC grew its position in Energizer by 12.6% during 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 during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Energizer by 6.1% in the second quarter. Gabelli Funds LLC now owns 384,650 shares of the company’s stock valued at $11,363,000 after buying an additional 22,100 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of Energizer stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the completion of the sale, the vice president now directly owns 4,635 shares in the company, valued at $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Robin Vauth sold 4,070 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 9,827 shares in the company, valued at $374,998.32. The trade was a 29.29 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,860 shares of company stock valued at $334,694. 0.77% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday. Truist Financial upped their price target on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Morgan Stanley lifted their price objective on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $32.00 to $39.00 in a research note on Wednesday, November 20th. Finally, Barclays downgraded shares of Energizer from an “overweight” rating to an “equal weight” rating and raised their price objective for the company from $34.00 to $36.00 in a research report on Wednesday, November 20th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $37.63.

Energizer Stock Performance

NYSE:ENR opened at $37.88 on Friday. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.51. The company has a market capitalization of $2.72 billion, a P/E ratio of 72.85 and a beta of 1.06. 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 firm has a 50-day moving average price of $34.15 and a two-hundred day moving average price of $31.27.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.17%. Energizer’s dividend payout ratio is currently 230.77%.

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.