iSAM Funds UK Ltd acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 35,151 shares of the company’s stock, valued at approximately $709,000.
Other large investors have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. raised its stake in shares of Energizer by 58.8% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock worth $62,658,000 after purchasing an additional 775,221 shares during the period. Clarkston Capital Partners LLC increased its holdings in Energizer by 13.9% during the second quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock worth $96,554,000 after buying an additional 583,465 shares during the last quarter. Gamco Investors INC. ET AL raised its position in Energizer by 34.9% in the second quarter. Gamco Investors INC. ET AL now owns 1,899,587 shares of the company’s stock worth $38,296,000 after acquiring an additional 491,794 shares during the period. LSV Asset Management boosted its stake in Energizer by 18.6% in the second quarter. LSV Asset Management now owns 2,761,148 shares of the company’s stock valued at $55,665,000 after acquiring an additional 433,324 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Energizer during the 1st quarter valued at approximately $9,069,000. 93.74% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Morgan Stanley lowered their price target on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 19th. Wall Street Zen downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Canaccord Genuity Group dropped their price target on Energizer from $29.00 to $20.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Energizer in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lowered their price objective on Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, October 23rd. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Energizer has an average rating of “Hold” and an average target price of $27.00.
Insider Activity at Energizer
In other news, Director Donal L. Mulligan acquired 15,000 shares of Energizer stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average price of $17.40 per share, with a total value of $261,000.00. Following the completion of the purchase, the director owned 25,000 shares in the company, valued at approximately $435,000. The trade was a 150.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Mark Stephen Lavigne bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the acquisition, the chief executive officer directly owned 464,889 shares in the company, valued at $7,954,250.79. This trade represents a 2.20% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 26,000 shares of company stock valued at $449,240. 0.98% of the stock is owned by corporate insiders.
Energizer Price Performance
Energizer stock opened at $18.52 on Wednesday. The firm has a market capitalization of $1.27 billion, a P/E ratio of 5.58 and a beta of 0.63. Energizer Holdings, Inc. has a one year low of $16.77 and a one year high of $38.15. The company has a debt-to-equity ratio of 20.06, a current ratio of 2.11 and a quick ratio of 1.13. The business has a fifty day moving average price of $22.21 and a 200-day moving average price of $23.87.
Energizer (NYSE:ENR – Get Free Report) last released its quarterly earnings data on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). Energizer had a net margin of 8.09% and a return on equity of 161.50%. The company had revenue of $832.80 million for the quarter, compared to the consensus estimate of $830.45 million. During the same quarter in the previous year, the firm posted $1.22 earnings per share. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, equities research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.
Energizer Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Tuesday, November 25th. Energizer’s dividend payout ratio (DPR) is 36.14%.
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.
Recommended Stories
- Five stocks we like better than Energizer
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 10X Gains? These 3 Robotics Stocks Could Explode by 2035
- Growth Stocks: What They Are, What They Are Not
- Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers
Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings, Inc. (NYSE:ENR – Free Report).
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.
