166,257 Shares in Energizer Holdings, Inc. $ENR Bought by Commerce Bank

Commerce Bank acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 166,257 shares of the company’s stock, valued at approximately $3,565,000.

Several other institutional investors also recently bought and sold shares of ENR. Public Employees Retirement System of Ohio raised its position 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 worth $49,000 after buying an additional 503 shares during the last quarter. SkyView Investment Advisors LLC increased its stake in shares of Energizer by 2.5% during the fourth quarter. SkyView Investment Advisors LLC now owns 23,608 shares of the company’s stock worth $470,000 after acquiring an additional 568 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of 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 acquiring an additional 644 shares during the period. SummitTX Capital L.P. raised its holdings in Energizer by 2.3% during the first quarter. SummitTX Capital L.P. now owns 34,246 shares of the company’s stock worth $562,000 after purchasing an additional 781 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its holdings in Energizer by 4.1% during the fourth quarter. Krane Funds Advisors LLC now owns 22,112 shares of the company’s stock worth $440,000 after purchasing an additional 873 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average cost of $20.25 per share, for a total transaction of $1,215,000.00. Following the completion of the acquisition, the insider owned 7,940,000 shares in the company, valued at $160,785,000. This trade represents a 0.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 413,692 shares of company stock valued at $8,357,139 over the last 90 days. 1.63% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on ENR. UBS Group raised their price target on Energizer from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Morgan Stanley reiterated a “negative” rating and issued a $21.00 price objective on shares of Energizer in a research report on Tuesday, August 4th. Canaccord Genuity Group set a $18.00 target price on Energizer in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. Finally, Barclays boosted their target price on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Six research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Energizer has an average rating of “Reduce” and an average target price of $21.83.

Energizer Price Performance

Shares of NYSE:ENR opened at $21.48 on Tuesday. The company has a market cap of $1.47 billion, a P/E ratio of 18.20 and a beta of 0.75. The business has a fifty day simple moving average of $21.37 and a 200-day simple moving average of $19.90. Energizer Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29. The company has a quick ratio of 1.10, a current ratio of 2.07 and a debt-to-equity ratio of 16.22.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.08). Energizer had a return on equity of 122.63% and a net margin of 2.73%.The business had revenue of $734.10 million for the quarter, compared to analysts’ expectations of $720.29 million. During the same quarter last year, the company posted $2.13 earnings per share. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. 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 forecast that Energizer Holdings, Inc. will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Wednesday, August 19th. Energizer’s dividend payout ratio is presently 101.69%.

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.