Patriot Financial Group Insurance Agency LLC Raises Holdings in Energizer Holdings, Inc. (NYSE:ENR)

Patriot Financial Group Insurance Agency LLC raised its position in Energizer Holdings, Inc. (NYSE:ENR) by 5.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,226 shares of the company’s stock after purchasing an additional 485 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Energizer were worth $357,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Clarkston Capital Partners LLC boosted its position in Energizer by 12.6% during the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after acquiring an additional 533,831 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Energizer by 2.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock worth $29,587,000 after purchasing an additional 19,836 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Energizer by 38.0% in the second quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock valued at $25,778,000 after purchasing an additional 240,402 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Energizer by 4.6% in the third quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock valued at $27,369,000 after purchasing an additional 37,713 shares during the last quarter. Finally, Verition Fund Management LLC lifted its position in Energizer by 56.5% during the third quarter. Verition Fund Management LLC now owns 526,683 shares of the company’s stock worth $16,727,000 after buying an additional 190,195 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Insider Activity

In other Energizer news, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was 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 owns 5,758 shares of the company’s stock, valued at approximately $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Sara B. Hampton sold 2,812 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now owns 4,635 shares in the company, valued at approximately $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 sold a total of 8,860 shares of company stock valued at $334,694 over the last quarter. Company insiders own 0.98% of the company’s stock.

Energizer Price Performance

Shares of NYSE ENR opened at $33.60 on Thursday. The company’s 50-day moving average price is $36.09 and its 200 day moving average price is $32.96. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 64.61 and a beta of 1.07. Energizer Holdings, Inc. has a 52 week low of $26.92 and a 52 week high of $39.51. 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 company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 3.57%. Energizer’s payout ratio is currently 230.77%.

Analyst Ratings Changes

Several analysts have issued reports on ENR shares. Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $34.00 to $36.00 in a report on Wednesday, November 20th. StockNews.com cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Friday, January 17th. Canaccord Genuity Group boosted their target price on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a report on Wednesday, November 20th. Truist Financial raised their price target on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. cut their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $38.38.

Energizer Company 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.