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

Energizer Holdings, Inc. (NYSE:ENR) EVP Robin Vauth sold 1,978 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was 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 directly owns 5,758 shares of the company’s stock, valued at approximately $207,115.26. This represents a 25.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Energizer Stock Up 9.1 %

Shares of ENR stock opened at $37.25 on Wednesday. The stock has a 50 day moving average of $31.81 and a 200 day moving average of $30.52. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. The stock has a market cap of $2.67 billion, a P/E ratio of 266.09 and a beta of 1.04. Energizer Holdings, Inc. has a twelve month low of $26.92 and a twelve month high of $39.21.

Energizer Dividend Announcement

The business also recently declared 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. This represents a $1.20 annualized dividend and a yield of 3.22%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is currently 857.20%.

Analyst Ratings Changes

ENR has been the subject of several recent analyst reports. 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. Barclays raised their price target on Energizer from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Truist Financial raised Energizer from a “hold” rating to a “buy” rating and lifted their target price for the stock from $30.00 to $40.00 in a report on Tuesday, August 27th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a report on Monday, October 14th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Energizer presently has an average rating of “Hold” and a consensus price target of $35.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. M&G Plc raised its position in Energizer by 33.0% during the second quarter. M&G Plc now owns 237,337 shares of the company’s stock valued at $7,120,000 after acquiring an additional 58,933 shares in the last quarter. Tidal Investments LLC increased its position in shares of Energizer by 220.3% in the first quarter. Tidal Investments LLC now owns 29,903 shares of the company’s stock valued at $880,000 after buying an additional 20,567 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Energizer by 31.4% in the first quarter. CANADA LIFE ASSURANCE Co now owns 107,723 shares of the company’s stock valued at $3,172,000 after buying an additional 25,732 shares in the last quarter. Gabelli Funds LLC increased its position 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 in the last quarter. Finally, Maverick Capital Ltd. increased its position in shares of Energizer by 126.7% in the second quarter. Maverick Capital Ltd. now owns 59,878 shares of the company’s stock valued at $1,769,000 after buying an additional 33,467 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

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.