Wellington Management Group LLP Increases Position in Energizer Holdings, Inc. (NYSE:ENR)

Wellington Management Group LLP boosted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 1.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 483,503 shares of the company’s stock after purchasing an additional 7,164 shares during the period. Wellington Management Group LLP’s holdings in Energizer were worth $15,356,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ENR. Clarkston Capital Partners LLC raised its position 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 valued at $151,660,000 after purchasing an additional 533,831 shares in the last quarter. LSV Asset Management raised its holdings in Energizer by 2.0% in the second quarter. LSV Asset Management now owns 1,606,488 shares of the company’s stock valued at $47,456,000 after acquiring an additional 31,900 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Energizer by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company’s stock valued at $29,651,000 after acquiring an additional 15,982 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Energizer by 2.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after acquiring an additional 19,836 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Energizer by 38.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock worth $25,778,000 after acquiring an additional 240,402 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Price Performance

NYSE ENR opened at $36.75 on Friday. The company has a 50-day moving average price of $34.70 and a two-hundred day moving average price of $31.56. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $39.51. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 70.67 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.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Wednesday, November 27th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.27%. The ex-dividend date was Wednesday, November 27th. Energizer’s dividend payout ratio is currently 230.77%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Morgan Stanley increased their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. StockNews.com upgraded Energizer from a “hold” rating to a “buy” rating in a research report on Thursday. Barclays lowered Energizer from an “overweight” rating to an “equal weight” rating and upped their price target for the company from $34.00 to $36.00 in a research report on Wednesday, November 20th. Canaccord Genuity Group lifted their price objective on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Energizer from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Energizer currently has an average rating of “Hold” and an average target price of $37.63.

Insider Buying and Selling at Energizer

In other Energizer news, EVP Robin Vauth sold 1,978 shares of the business’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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on 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 transaction, the vice president now owns 4,635 shares of the company’s stock, valued at $178,401.15. This trade represents a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,860 shares of company stock valued at $334,694 in the last quarter. Corporate insiders own 0.77% of the company’s stock.

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.