Cerity Partners LLC Acquires 13,876 Shares of Energizer Holdings, Inc. (NYSE:ENR)

Cerity Partners LLC raised its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 23.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 74,081 shares of the company’s stock after purchasing an additional 13,876 shares during the period. Cerity Partners LLC’s holdings in Energizer were worth $2,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. US Bancorp DE increased its holdings in Energizer by 1.6% in the 3rd quarter. US Bancorp DE now owns 19,593 shares of the company’s stock valued at $622,000 after buying an additional 308 shares during the period. Capital Insight Partners LLC grew its holdings in shares of Energizer by 2.5% in the 2nd quarter. Capital Insight Partners LLC now owns 13,284 shares of the company’s stock worth $392,000 after purchasing an additional 330 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of Energizer by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 19,091 shares of the company’s stock worth $564,000 after purchasing an additional 353 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of Energizer by 22.4% in the 3rd quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock worth $65,000 after purchasing an additional 376 shares during the last quarter. Finally, Great Lakes Advisors LLC grew its holdings in shares of Energizer by 0.3% in the 2nd quarter. Great Lakes Advisors LLC now owns 114,502 shares of the company’s stock worth $3,382,000 after purchasing an additional 382 shares during the last quarter. Institutional investors own 93.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ENR shares. Evercore ISI lowered their target price on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Barclays lowered shares of Energizer from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $34.00 to $36.00 in a report on Wednesday, November 20th. Canaccord Genuity Group upped their target price on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Energizer from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $32.00 to $39.00 in a report on Wednesday, November 20th. Finally, StockNews.com raised shares of Energizer from a “hold” rating to a “buy” rating in a report on Tuesday, November 26th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $37.63.

Energizer Stock Down 0.4 %

Shares of NYSE ENR opened at $38.11 on Monday. The firm’s 50-day simple moving average is $33.28 and its 200 day simple moving average is $30.99. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 73.29 and a beta of 1.04. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month high of $39.21.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 3.15%. Energizer’s payout ratio is presently 230.77%.

Insider Buying and Selling at Energizer

In other Energizer news, VP Sara B. Hampton sold 2,812 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robin Vauth sold 4,070 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the completion of the sale, the executive vice president now owns 9,827 shares in the company, valued at $374,998.32. This represents a 29.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,860 shares of company stock worth $334,694. Company 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.