Louisiana State Employees Retirement System Makes New Investment in Energizer Holdings, Inc. $ENR

Louisiana State Employees Retirement System acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,000 shares of the company’s stock, valued at approximately $443,000.

Several other large investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Energizer during the third quarter worth about $47,000. Aster Capital Management DIFC Ltd boosted its holdings in Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after purchasing an additional 1,240 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Energizer by 25.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after purchasing an additional 503 shares in the last quarter. Leonteq Securities AG acquired a new stake in Energizer during the 4th quarter valued at approximately $60,000. Finally, Brooklyn Investment Group raised its position in shares of Energizer by 287.1% in the 3rd quarter. Brooklyn Investment Group now owns 8,106 shares of the company’s stock valued at $202,000 after purchasing an additional 6,012 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Energizer

In related news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $16.18 per share, for a total transaction of $1,320,433.62. Following the completion of the purchase, the insider directly owned 7,106,824 shares in the company, valued at approximately $114,988,412.32. The trade was a 1.16% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought a total of 284,524 shares of company stock valued at $5,215,613 over the last quarter. Company insiders own 1.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ENR. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Barclays cut their price target on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. JPMorgan Chase & Co. reduced their price objective on shares of Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. UBS Group boosted their target price on shares of Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Canaccord Genuity Group cut their target price on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $23.14.

Energizer Stock Performance

Energizer stock opened at $20.14 on Thursday. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. Energizer Holdings, Inc. has a 12 month low of $15.75 and a 12 month high of $30.29. The company has a fifty day moving average price of $19.43 and a two-hundred day moving average price of $19.74. The company has a market cap of $1.38 billion, a PE ratio of 7.38 and a beta of 0.75.

Energizer (NYSE:ENR) last issued its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The company had revenue of $643.30 million for the quarter, compared to analysts’ expectations of $661.92 million. During the same period in the prior year, the company earned $0.67 earnings per share. The firm’s revenue was down 3.0% compared to the same quarter last year. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Research analysts expect that Energizer Holdings, Inc. will post 3.55 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 6.0%. Energizer’s dividend payout ratio (DPR) is currently 43.96%.

About Energizer

Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.

Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.