South Dakota Investment Council Sells 32,429 Shares of Energizer Holdings, Inc. $ENR

South Dakota Investment Council lowered its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 69.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,524 shares of the company’s stock after selling 32,429 shares during the period. South Dakota Investment Council’s holdings in Energizer were worth $238,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ENR. Amundi raised its stake in shares of Energizer by 54.4% during the 1st quarter. Amundi now owns 29,923 shares of the company’s stock valued at $491,000 after purchasing an additional 10,547 shares during the period. California State Teachers Retirement System grew its holdings in Energizer by 36.7% during the 1st quarter. California State Teachers Retirement System now owns 81,360 shares of the company’s stock valued at $1,336,000 after buying an additional 21,825 shares in the last quarter. Readystate Asset Management LP grew its holdings in Energizer by 153.1% during the 1st quarter. Readystate Asset Management LP now owns 41,166 shares of the company’s stock valued at $676,000 after buying an additional 24,901 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Energizer by 139.3% during the first quarter. Quantinno Capital Management LP now owns 50,480 shares of the company’s stock valued at $829,000 after buying an additional 29,387 shares during the period. Finally, SummitTX Capital L.P. lifted its holdings in shares of Energizer by 2.3% in the first quarter. SummitTX Capital L.P. now owns 34,246 shares of the company’s stock worth $562,000 after buying an additional 781 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group cut their price objective on shares of Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. UBS Group increased their target price on shares of Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Barclays raised their price target on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their price target on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $24.00.

Energizer Trading Down 0.3%

Shares of ENR opened at $20.97 on Friday. Energizer Holdings, Inc. has a 1-year low of $15.75 and a 1-year high of $30.29. The company has a market capitalization of $1.44 billion, a P/E ratio of 7.68 and a beta of 0.75. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The firm’s 50 day simple moving average is $20.41 and its 200 day simple moving average is $19.80.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. The firm had revenue of $643.30 million for the quarter, compared to analyst estimates of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 EPS. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Sell-side analysts forecast that Energizer Holdings, Inc. will post 3.56 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s dividend payout ratio is currently 43.96%.

Insiders Place Their Bets

In other news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the company’s stock in a transaction on Thursday, July 23rd. The stock was purchased at an average price of $20.25 per share, with a total value of $1,215,000.00. Following the completion of the purchase, the insider directly owned 7,940,000 shares in the company, valued at approximately $160,785,000. This trade represents a 0.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders bought a total of 538,681 shares of company stock worth $10,406,791 in the last quarter. Company insiders own 1.63% of the company’s stock.

Energizer Profile

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.