Energizer Holdings, Inc. $ENR Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 9.8% during the third quarter, HoldingsChannel reports. The firm owned 294,131 shares of the company’s stock after selling 31,790 shares during the period. Principal Financial Group Inc.’s holdings in Energizer were worth $7,321,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ENR. AdvisorNet Financial Inc acquired a new position in Energizer during the third quarter worth about $29,000. Versant Capital Management Inc increased its holdings in shares of Energizer by 92.4% in the third quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock valued at $31,000 after purchasing an additional 592 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Energizer by 967.1% during the second quarter. Hantz Financial Services Inc. now owns 1,782 shares of the company’s stock worth $36,000 after buying an additional 1,615 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Energizer by 38.9% in the 2nd quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock worth $38,000 after acquiring an additional 527 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Energizer by 37.7% during the 2nd quarter. CWM LLC now owns 3,889 shares of the company’s stock worth $78,000 after acquiring an additional 1,065 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Energizer

In other Energizer news, Director Donal L. Mulligan purchased 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average cost of $17.40 per share, for a total transaction of $261,000.00. Following the completion of the purchase, the director directly owned 25,000 shares in the company, valued at $435,000. This represents a 150.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mark Stephen Lavigne purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were purchased at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the purchase, the chief executive officer directly owned 464,889 shares in the company, valued at approximately $7,954,250.79. This represents a 2.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 26,000 shares of company stock valued at $449,240 in the last 90 days. Company insiders own 1.63% of the company’s stock.

Energizer Trading Up 0.3%

Shares of ENR stock opened at $22.76 on Friday. Energizer Holdings, Inc. has a fifty-two week low of $16.77 and a fifty-two week high of $31.78. The company has a 50 day moving average price of $20.88 and a 200 day moving average price of $23.53. The stock has a market capitalization of $1.56 billion, a P/E ratio of 7.66 and a beta of 0.64. The company has a debt-to-equity ratio of 23.49, a quick ratio of 1.07 and a current ratio of 1.99.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.26 by $0.05. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The company had revenue of $778.90 million during the quarter, compared to analysts’ expectations of $712.82 million. During the same quarter last year, the company posted $0.67 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 18th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.3%. Energizer’s payout ratio is presently 40.40%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ENR shares. UBS Group set a $25.00 price objective on shares of Energizer and gave the stock a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research note on Monday, December 29th. Morgan Stanley set a $24.00 price objective on Energizer in a research report on Monday. JPMorgan Chase & Co. upped their target price on shares of Energizer from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, Evercore ISI set a $28.00 price target on shares of Energizer in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.29.

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.