Energizer Holdings, Inc. (NYSE:ENR) Shares Purchased by Inspire Investing LLC

Inspire Investing LLC grew its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 166.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,692 shares of the company’s stock after acquiring an additional 21,667 shares during the period. Inspire Investing LLC’s holdings in Energizer were worth $1,210,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Clarkston Capital Partners LLC grew its stake in Energizer by 12.6% in the third quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after purchasing an additional 533,831 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Energizer by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock worth $29,587,000 after acquiring an additional 19,836 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Energizer by 38.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock worth $25,778,000 after acquiring an additional 240,402 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Energizer by 4.6% during the 3rd quarter. Principal Financial Group Inc. now owns 861,755 shares of the company’s stock valued at $27,369,000 after acquiring an additional 37,713 shares in the last quarter. Finally, Verition Fund Management LLC raised its position in shares of Energizer by 56.5% during the 3rd quarter. Verition Fund Management LLC now owns 526,683 shares of the company’s stock valued at $16,727,000 after acquiring an additional 190,195 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

Insider Activity

In other news, EVP Robin Vauth sold 1,978 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the transaction, the executive vice president now directly owns 5,758 shares in the company, valued at $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the sale, the vice president now directly owns 4,635 shares in the company, valued at approximately $178,401.15. The trade was a 37.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,860 shares of company stock valued at $334,694. Company insiders own 0.98% of the company’s stock.

Analysts Set New Price Targets

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

Energizer Stock Performance

Shares of NYSE ENR opened at $34.59 on Friday. Energizer Holdings, Inc. has a 12-month low of $26.92 and a 12-month 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. The company has a market cap of $2.49 billion, a PE ratio of 66.51 and a beta of 1.07. The stock has a 50 day simple moving average of $36.21 and a 200-day simple moving average of $32.79.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.47%. Energizer’s payout ratio is 230.77%.

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.