Quantinno Capital Management LP lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 139.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 50,480 shares of the company’s stock after purchasing an additional 29,387 shares during the quarter. Quantinno Capital Management LP’s holdings in Energizer were worth $829,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in Energizer by 148,623.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after acquiring an additional 2,792,643 shares during the last quarter. Armistice Capital LLC acquired a new position in shares of Energizer during the fourth quarter worth approximately $20,606,000. MAC Alpha Capital Management LP bought a new stake in shares of Energizer during the fourth quarter valued at approximately $8,330,000. Clarkston Capital Partners LLC grew its stake in shares of Energizer by 9.7% during the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after purchasing an additional 372,465 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Energizer by 69.4% in the fourth quarter. Wellington Management Group LLP now owns 903,293 shares of the company’s stock valued at $17,966,000 after purchasing an additional 370,216 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have issued reports on ENR shares. UBS Group upped their price objective on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Barclays lifted their target price on Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Morgan Stanley reiterated a “negative” rating and issued a $21.00 price target on shares of Energizer in a report on Tuesday, August 4th. Finally, Canaccord Genuity Group set a $18.00 price objective on Energizer in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $21.83.
Energizer Price Performance
ENR opened at $22.45 on Tuesday. The company has a fifty day moving average price of $21.20 and a two-hundred day moving average price of $19.91. The firm has a market capitalization of $1.54 billion, a PE ratio of 19.03 and a beta of 0.75. Energizer Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07.
Energizer (NYSE:ENR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). Energizer had a net margin of 2.73% and a return on equity of 122.63%. The company had revenue of $734.10 million during the quarter, compared to analyst estimates of $720.29 million. During the same period last year, the company earned $2.13 EPS. The business’s revenue for the quarter 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. As a group, analysts anticipate that Energizer Holdings, Inc. will post 3.31 earnings per share for the current year.
Energizer Dividend Announcement
The business 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. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 annualized dividend and a yield of 5.3%. Energizer’s dividend payout ratio is presently 101.69%.
Insider Transactions at Energizer
In related news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $16.18 per share, for a total transaction of $1,320,433.62. Following the transaction, the insider owned 7,106,824 shares of the company’s stock, valued at $114,988,412.32. This represents a 1.16% 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 bought a total of 538,681 shares of company stock worth $10,406,791 in the last quarter. 1.63% of the stock is currently owned by company 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.
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