CastleKnight Management LP Raises Stock Position in Energizer Holdings, Inc. $ENR

CastleKnight Management LP boosted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 131.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 222,118 shares of the company’s stock after purchasing an additional 126,218 shares during the quarter. CastleKnight Management LP’s holdings in Energizer were worth $4,418,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Public Employees Retirement System of Ohio increased its stake in Energizer by 25.5% in 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 in the last quarter. Krane Funds Advisors LLC increased its stake in Energizer by 4.1% in the 4th quarter. Krane Funds Advisors LLC now owns 22,112 shares of the company’s stock worth $440,000 after buying an additional 873 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Energizer by 93.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock worth $50,000 after buying an additional 964 shares in the last quarter. Jump Financial LLC increased its stake in Energizer by 10.5% in the 2nd quarter. Jump Financial LLC now owns 10,196 shares of the company’s stock worth $206,000 after buying an additional 970 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its stake in Energizer by 4.7% in the 2nd quarter. SkyView Investment Advisors LLC now owns 22,114 shares of the company’s stock worth $448,000 after buying an additional 986 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Insider Activity

In other Energizer news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $16.18 per share, for a total transaction of $1,320,433.62. Following the completion of the transaction, the insider directly owned 7,106,824 shares of the company’s stock, valued at approximately $114,988,412.32. This represents a 1.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased a total of 218,896 shares of company stock worth $3,761,092 in the last ninety days. 1.63% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on ENR. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. Canaccord Genuity Group cut their price target on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. UBS Group increased their price target on Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. cut their price target on Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Barclays cut their price target on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Energizer currently has an average rating of “Hold” and a consensus price target of $23.14.

Energizer Stock Down 1.9%

NYSE ENR opened at $20.00 on Thursday. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. Energizer Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 7.32 and a beta of 0.78. The company has a fifty day moving average of $18.71 and a two-hundred day moving average of $19.47.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.47. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The firm had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. During the same quarter last year, the business earned $0.67 EPS. The business’s revenue was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. On average, analysts predict that Energizer Holdings, Inc. will post 3.55 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Wednesday, May 20th. Energizer’s payout ratio is 43.96%.

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.