14,277 Shares in Energizer Holdings, Inc. (NYSE:ENR) Purchased by Smith Moore & CO.

Smith Moore & CO. purchased a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 14,277 shares of the company’s stock, valued at approximately $614,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new stake in Energizer in the 1st quarter valued at about $252,000. Dimensional Fund Advisors LP raised its holdings in Energizer by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 549,893 shares of the company’s stock valued at $23,197,000 after acquiring an additional 12,722 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in shares of Energizer by 9.0% in the 1st quarter. Treasurer of the State of North Carolina now owns 24,864 shares of the company’s stock valued at $1,180,000 after buying an additional 2,060 shares during the period. M&T Bank Corp grew its stake in shares of Energizer by 17.2% in the 1st quarter. M&T Bank Corp now owns 16,196 shares of the company’s stock valued at $769,000 after buying an additional 2,377 shares during the period. Finally, ARGI Investment Services LLC purchased a new stake in shares of Energizer in the 1st quarter valued at approximately $713,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

In other Energizer news, CFO Timothy W. Gorman purchased 5,875 shares of the firm’s stock in a transaction on Wednesday, August 11th. The stock was bought at an average price of $40.89 per share, with a total value of $240,228.75. Following the transaction, the chief financial officer now directly owns 86,462 shares of the company’s stock, valued at approximately $3,535,431.18. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.41% of the company’s stock.

Several analysts have recently weighed in on ENR shares. Citigroup dropped their price target on shares of Energizer from $51.00 to $42.00 and set a “neutral” rating for the company in a research note on Monday, August 9th. Morgan Stanley lowered their price objective on shares of Energizer from $56.00 to $51.00 and set an “overweight” rating for the company in a research report on Tuesday, August 10th. Finally, Zacks Investment Research raised shares of Energizer from a “sell” rating to a “hold” rating and set a $43.00 price objective for the company in a research report on Wednesday, August 18th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Energizer has an average rating of “Buy” and an average price target of $49.89.

Shares of ENR stock opened at $38.39 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 9.85. Energizer Holdings, Inc. has a 52 week low of $37.81 and a 52 week high of $52.85. The stock has a market capitalization of $2.62 billion, a PE ratio of 295.31 and a beta of 1.22. The firm has a 50 day moving average of $40.50 and a two-hundred day moving average of $44.40.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Monday, August 9th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.07. Energizer had a net margin of 0.87% and a return on equity of 73.22%. The company had revenue of $721.80 million during the quarter, compared to analysts’ expectations of $654.20 million. During the same quarter last year, the company posted $0.50 EPS. The firm’s revenue was up 9.7% compared to the same quarter last year. Analysts expect that Energizer Holdings, Inc. will post 3.44 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 14th. Shareholders of record on Tuesday, August 24th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, August 23rd. This represents a $1.20 annualized dividend and a yield of 3.13%. Energizer’s dividend payout ratio is presently 51.95%.

Energizer Company Profile

Energizer Holdings, Inc manufacturers and markets batteries and lighting products. It also designs and manufactures automotive fragrance and appearance products. The firm’s brands include Bahama & Co, Bahama & Co, Eagle One, Nu Finish and STP. The company’s products include household batteries, specialty batteries, and portable lighting.

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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