Natixis Advisors LLC Takes $332,000 Position in Energizer Holdings, Inc. (NYSE:ENR)

Natixis Advisors LLC bought a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) during the third quarter, Holdings Channel.com reports. The fund bought 10,467 shares of the company’s stock, valued at approximately $332,000.

Other institutional investors have also modified their holdings of the company. Aigen Investment Management LP purchased a new position in shares of Energizer during the third quarter worth about $215,000. GSA Capital Partners LLP boosted its position in shares of Energizer by 27.2% during the 3rd quarter. GSA Capital Partners LLP now owns 38,107 shares of the company’s stock worth $1,210,000 after purchasing an additional 8,152 shares in the last quarter. Versor Investments LP grew its stake in shares of Energizer by 60.3% during the 3rd quarter. Versor Investments LP now owns 32,780 shares of the company’s stock worth $1,041,000 after purchasing an additional 12,337 shares during the period. Eagle Bluffs Wealth Management LLC lifted its position in shares of Energizer by 1.2% during the 3rd quarter. Eagle Bluffs Wealth Management LLC now owns 42,986 shares of the company’s stock valued at $1,365,000 after acquiring an additional 508 shares during the period. Finally, Atria Investments Inc grew its holdings in Energizer by 73.5% in the third quarter. Atria Investments Inc now owns 14,052 shares of the company’s stock valued at $446,000 after purchasing an additional 5,952 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Trading Up 0.3 %

Shares of NYSE ENR opened at $38.26 on Friday. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.21. The company has a market cap of $2.75 billion, a price-to-earnings ratio of 73.58 and a beta of 1.04. 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 stock’s 50 day simple moving average is $32.92 and its 200 day simple moving average is $30.88.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio (DPR) is presently 230.77%.

Insiders Place Their Bets

In other news, VP Sara B. Hampton sold 2,812 shares of the business’s 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 transaction, the vice president now owns 4,635 shares in the company, valued at approximately $178,401.15. The trade was a 37.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robin Vauth sold 1,978 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares in the company, valued at approximately $207,115.26. The trade was a 25.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock worth $334,694 over the last ninety days. 0.77% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ENR shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research note on Wednesday, August 7th. Canaccord Genuity Group upped their price target on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. Evercore ISI lowered their price target on Energizer from $42.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. JPMorgan Chase & Co. upgraded shares of Energizer from an “underweight” rating to a “neutral” rating and upped their target price for the company from $32.00 to $39.00 in a research note on Wednesday, November 20th. Finally, Morgan Stanley upped their target price on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Energizer currently has an average rating of “Hold” and a consensus target price of $37.63.

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.