Traub Capital Management LLC purchased a new position in Energizer Holdings, Inc. (NYSE:ENR – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,710 shares of the company’s stock, valued at approximately $256,000.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Energizer by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock valued at $281,906,000 after buying an additional 170,017 shares during the last quarter. Clarkston Capital Partners LLC boosted its stake in Energizer by 3.2% in the first quarter. Clarkston Capital Partners LLC now owns 4,205,935 shares of the company’s stock valued at $125,842,000 after acquiring an additional 128,730 shares during the period. LSV Asset Management grew its holdings in shares of Energizer by 18.6% during the second quarter. LSV Asset Management now owns 2,761,148 shares of the company’s stock valued at $55,665,000 after purchasing an additional 433,324 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position 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. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Energizer by 1.9% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,407,793 shares of the company’s stock worth $42,121,000 after purchasing an additional 26,454 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on ENR. Morgan Stanley lowered their price objective on Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a research note on Wednesday. Canaccord Genuity Group dropped their price objective on shares of Energizer from $29.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday. Truist Financial lifted their price objective on shares of Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Energizer in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $28.00.
Energizer Stock Down 18.3%
ENR stock opened at $19.48 on Wednesday. The firm’s 50-day moving average is $25.14 and its two-hundred day moving average is $24.42. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 5.61 and a beta of 0.63. Energizer Holdings, Inc. has a 52 week low of $17.65 and a 52 week high of $39.51. The company has a current ratio of 1.78, a quick ratio of 0.84 and a debt-to-equity ratio of 17.57.
Energizer (NYSE:ENR – Get Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.07). Energizer had a net margin of 8.60% and a return on equity of 181.90%. The company had revenue of $832.80 million during the quarter, compared to the consensus estimate of $830.45 million. During the same quarter last year, the business earned $1.22 earnings per share. The company’s revenue was up 3.4% on a year-over-year basis. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS. FY 2026 guidance at 3.300-3.600 EPS. On average, analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal 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 paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, November 25th. Energizer’s payout ratio is currently 34.58%.
Energizer Company 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.
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