Sanctuary Advisors LLC Invests $520,000 in Energizer Holdings, Inc. $ENR

Sanctuary Advisors LLC purchased a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 2nd quarter, HoldingsChannel reports. The firm purchased 24,234 shares of the company’s stock, valued at approximately $520,000.

A number of other hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its position in Energizer by 51.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after purchasing an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd grew its position in shares of Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after buying an additional 1,240 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Energizer in the third quarter worth about $47,000. Public Employees Retirement System of Ohio increased 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 valued at $49,000 after buying an additional 503 shares in the last quarter. Finally, Allworth Financial LP purchased a new position in shares of Energizer in the 2nd quarter worth about $53,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Stock Up 1.3%

NYSE ENR opened at $22.40 on Friday. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 18.98 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 fifty day moving average of $21.47 and a two-hundred day moving average of $19.89. 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 posted its quarterly earnings data 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 return on equity of 122.63% and a net margin of 2.73%.The firm had revenue of $734.10 million during the quarter, compared to analysts’ expectations of $720.29 million. During the same period last year, the company earned $2.13 earnings per share. 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. On average, analysts predict that Energizer Holdings, Inc. will post 3.31 earnings per share for the current year.

Energizer Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s dividend payout ratio (DPR) is currently 101.69%.

Analysts Set New Price Targets

Several research firms recently issued reports on ENR. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Barclays raised their target price on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. UBS Group upped their price target on shares of Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. increased 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. Finally, Canaccord Genuity Group set a $18.00 price target on shares of Energizer in a report on Wednesday, August 5th. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $21.83.

Insider Activity at Energizer

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the firm’s stock in a transaction dated Monday, July 20th. The stock was purchased at an average price of $20.02 per share, with a total value of $1,201,200.00. Following the completion of the purchase, the insider owned 7,820,000 shares of the company’s stock, valued at approximately $156,556,400. The trade was a 0.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have purchased 413,692 shares of company stock worth $8,357,139 over the last 90 days. Company insiders own 1.63% of the company’s stock.

Energizer Company 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.