Wellington Management Group LLP Boosts Stock Position in Energizer Holdings, Inc. $ENR

Wellington Management Group LLP lifted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 14.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 987,730 shares of the company’s stock after buying an additional 121,676 shares during the quarter. Wellington Management Group LLP’s holdings in Energizer were worth $21,177,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ENR. Public Employees Retirement System of Ohio purchased a new stake in Energizer in the 2nd quarter worth $66,000. Bank of America Corp DE purchased a new position in Energizer during the second quarter valued at $9,827,000. Freestone Grove Partners LP purchased a new position in Energizer during the second quarter valued at $392,000. Man Group plc purchased a new position in Energizer during the second quarter valued at $4,604,000. Finally, Lotus Technology Management LP acquired a new stake in shares of Energizer in the second quarter valued at about $578,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Wall Street Analysts Forecast Growth

ENR has been the subject of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Barclays lifted their price objective on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their price objective on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. UBS Group increased their target price on Energizer from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Canaccord Genuity Group set a $18.00 target price on Energizer in a research report on Wednesday, August 5th. Six research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $21.83.

Energizer Price Performance

Shares of NYSE ENR opened at $21.32 on Monday. The firm has a 50-day simple moving average of $21.38 and a 200-day simple moving average of $19.81. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 18.07 and a beta of 0.77. 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 Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29.

Energizer (NYSE:ENR) last posted its quarterly 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). The business had revenue of $734.10 million during the quarter, compared to analysts’ expectations of $720.29 million. Energizer had a return on equity of 122.63% and a net margin of 2.73%.The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.13 earnings per share. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. On average, equities analysts predict that Energizer Holdings, Inc. will post 3.31 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders 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 5.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s dividend payout ratio (DPR) is 101.69%.

Insider Buying and Selling at Energizer

In related news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of the stock in a transaction dated Monday, July 20th. The shares were acquired at an average cost of $20.02 per share, for a total transaction of $1,201,200.00. Following the acquisition, the insider directly owned 7,820,000 shares in the company, valued at approximately $156,556,400. This trade represents a 0.77% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 340,000 shares of company stock worth $7,007,000. Insiders own 1.63% of the company’s stock.

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.