SkyView Investment Advisors LLC Purchases 2,588 Shares of Energizer Holdings, Inc. (NYSE:ENR)

SkyView Investment Advisors LLC lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 17.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,840 shares of the company’s stock after purchasing an additional 2,588 shares during the period. SkyView Investment Advisors LLC’s holdings in Energizer were worth $527,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC increased its holdings in Energizer by 307.1% during the second quarter. Clearstead Trust LLC now owns 1,087 shares of the company’s stock valued at $32,000 after buying an additional 820 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Energizer during the 1st quarter valued at $64,000. Canada Pension Plan Investment Board purchased a new stake in shares of Energizer in the 2nd quarter worth $65,000. SG Americas Securities LLC raised its holdings in Energizer by 27.7% in the 1st quarter. SG Americas Securities LLC now owns 4,238 shares of the company’s stock worth $125,000 after purchasing an additional 919 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in Energizer by 2,650.0% during the second quarter. Cullen Frost Bankers Inc. now owns 4,565 shares of the company’s stock valued at $135,000 after purchasing an additional 4,399 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on ENR shares. Evercore ISI reduced their price target on Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and raised their target price for the stock from $30.00 to $40.00 in a research note on Tuesday, August 27th. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Barclays raised their price objective on shares of Energizer from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Friday, July 19th. Finally, JPMorgan Chase & Co. upped their target price on shares of Energizer from $28.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 7th. One research 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. According to MarketBeat, Energizer currently has a consensus rating of “Hold” and an average price target of $34.38.

Energizer Stock Performance

Shares of NYSE ENR opened at $31.25 on Monday. The firm’s fifty day moving average is $30.22 and its two-hundred day moving average is $29.40. Energizer Holdings, Inc. has a 52-week low of $26.92 and a 52-week high of $36.72. The company has a market cap of $2.24 billion, a P/E ratio of 26.26 and a beta of 1.04. The company has a debt-to-equity ratio of 26.04, a quick ratio of 1.01 and a current ratio of 1.99.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $701.40 million during the quarter, compared to analyst estimates of $704.86 million. Energizer had a return on equity of 137.24% and a net margin of 0.35%. The firm’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company earned $0.54 earnings per share. As a group, analysts anticipate that Energizer Holdings, Inc. will post 3.27 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 22nd were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend was Thursday, August 22nd. Energizer’s dividend payout ratio (DPR) is presently 100.84%.

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.