Energizer Holdings, Inc. (ENR) loses confidence of 37 hedge fund managers

Energizer Holdings, Inc. (NYSE:ENR) is on recovery track with 10.32% gain from a 1-year low price of $42.74. The company lost -3.04% to attain the price of $47.15 on 01/11/2019. Throughout the recent session, the prices were hovering between $47.06 and $48.6. These shares are 18.54% off its target price of $55.89 and the current market capitalization stands at $2.91B. The recent change has given its price a -5.62% deficit over SMA 50 and -28.09% deficit over its 52-week high. The stock witnessed -2.3% declines, -19.84% declines and -25.12% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ENR’s volatility during a week at 2.94% and during a month it has been found around 3.45%.

Energizer Holdings, Inc. (ENR) Top Holders

Institutional investors currently hold around $2.63 billion or 94.7% in ENR stock. Look at its top three institutional owners. Vanguard Group Inc owns $260.32 million in Energizer Holdings, Inc., which represents roughly 8.95% of the company’s market cap and approximately 9.91% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,311,711 shares of the stock are valued at $250.45 million. The third largest holder is Jpmorgan Chase & Co, which currently holds $243.3 million worth of this stock and that ownership represents nearly 8.36% of its market capitalization.

Energizer Holdings, Inc. 13F Filings

At the end of September reporting period, 154 institutional holders increased their position in Energizer Holdings, Inc. (NYSE:ENR) by some 4,444,728 shares, 166 decreased positions by 6,578,766 and 79 held positions by 44,689,570. That puts total institutional holdings at 55,713,064 shares, according to SEC filings. The stock grabbed 50 new institutional investments totaling 997,664 shares while 37 institutional investors sold out their entire positions totaling 1,043,182 shares.

Energizer Holdings, Inc. (NYSE:ENR) Insider Trades

Multiple company employees have indulged in significant insider trading. Energizer Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President & CEO Hoskins Alan R. has acquired 10,000 shares of Energizer Holdings, Inc. (ENR) in trading session dated Dec. 06, 2018. These shares are worth $460,000 and were traded at $46 each. The SEC filing shows that Gorman Timothy W performed a purchase of 10,000 shares. The EVP, CFO & CAO added these shares by way of transaction on Dec. 03, 2018. The company’s shares were assimilated at $45.64 per share worth to an investment of some $456,400 on account of Gorman Timothy W.

Director, Klein John Eddy, purchased 2,200 common shares of Energizer Holdings, Inc. (ENR) in the open market. In a transaction dated Nov. 29, 2018, the shares were bought at an average price of $46, giving away a sum of $101,200. After this purchase, 4,591 common shares of ENR are directly owned by the insider, with total stake valued at $216,466.

In the transaction dated Nov. 19, 2018, the great number of shares acquired came courtesy the Director; Vitale Robert V added a total of 4,160 shares at an average price of $47.89, amounting to approximately $199,222. The insider now directly owns 11,460 shares worth $540,339.

Energizer Holdings, Inc. (ENR) Analyst Guide

Several analysts have released their opinion on Energizer Holdings, Inc. (NYSE:ENR), with 1 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.67 average brokerage recommendation.