Energizer Holdings, Inc. (NYSE:ENR) Stock Holdings Reduced by Amalgamated Bank

Amalgamated Bank lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 5.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,452 shares of the company’s stock after selling 1,120 shares during the quarter. Amalgamated Bank’s holdings in Energizer were worth $618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ENR. Robeco Institutional Asset Management B.V. bought a new stake in shares of Energizer during the 3rd quarter worth about $264,000. US Bancorp DE boosted its stake in shares of Energizer by 1.6% during the 3rd quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after acquiring an additional 308 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of Energizer by 8.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 77,058 shares of the company’s stock worth $2,441,000 after acquiring an additional 6,124 shares in the last quarter. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Energizer during the 3rd quarter worth about $309,000. Finally, Creative Planning boosted its stake in shares of Energizer by 42.1% during the 3rd quarter. Creative Planning now owns 24,628 shares of the company’s stock worth $782,000 after acquiring an additional 7,301 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Stock Up 0.3 %

NYSE ENR opened at $33.92 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. Energizer Holdings, Inc. has a 1-year low of $26.92 and a 1-year high of $34.29. The company has a 50 day moving average of $31.55 and a 200-day moving average of $30.40. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 242.30 and a beta of 1.04.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.54%. Energizer’s dividend payout ratio (DPR) is presently 857.20%.

Wall Street Analyst Weigh In

Several research firms have commented on ENR. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a report on Monday, October 14th. Truist Financial raised Energizer from a “hold” rating to a “buy” rating and upped their price target for the company from $30.00 to $40.00 in a report on Tuesday, August 27th. Evercore ISI cut 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. increased their target price on Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Energizer has an average rating of “Hold” and a consensus price target of $35.00.

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.