OneDigital Investment Advisors LLC acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) in the second quarter, HoldingsChannel reports. The firm acquired 37,493 shares of the company’s stock, valued at approximately $804,000.
Several other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in Energizer in the third quarter valued at $47,000. PNC Financial Services Group Inc. lifted its position in Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after buying an additional 644 shares during the period. Aster Capital Management DIFC Ltd boosted its stake in Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after buying an additional 1,240 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Energizer by 25.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after buying an additional 503 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Energizer by 70.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,898 shares of the company’s stock valued at $62,000 after buying an additional 1,198 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on ENR shares. Morgan Stanley reaffirmed a “negative” rating and set a $21.00 price target on shares of Energizer in a research report on Tuesday, August 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. UBS Group increased their target price on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Barclays lifted their target price on Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Six analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $21.83.
Energizer Price Performance
Shares of ENR stock opened at $22.36 on Wednesday. The company has a market capitalization of $1.53 billion, a PE ratio of 18.95 and a beta of 0.75. The firm has a fifty day simple moving average of $21.25 and a 200-day simple moving average of $19.92. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer Holdings, Inc. has a twelve month low of $15.75 and a twelve month high of $30.29.
Energizer (NYSE:ENR – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). The business had revenue of $734.10 million during the quarter, compared to analysts’ expectations of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.13 EPS. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Equities research analysts anticipate that Energizer Holdings, Inc. will post 3.31 earnings per share for the current fiscal year.
Energizer Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s payout ratio is currently 101.69%.
Insiders Place Their Bets
In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was acquired at an average cost of $20.25 per share, with a total value of $1,215,000.00. Following the acquisition, the insider owned 7,940,000 shares of the company’s stock, valued at approximately $160,785,000. This represents a 0.76% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders have acquired a total of 457,072 shares of company stock worth $9,086,357 in the last three months. 1.63% of the stock is owned by insiders.
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.
Read More
- Five stocks we like better than Energizer
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
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.
