First Trust Advisors LP Boosts Stock Position in Energizer Holdings, Inc. $ENR

First Trust Advisors LP boosted its position in Energizer Holdings, Inc. (NYSE:ENR) by 90.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 139,359 shares of the company’s stock after purchasing an additional 66,011 shares during the quarter. First Trust Advisors LP owned approximately 0.20% of Energizer worth $2,288,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ENR. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Energizer in the 3rd quarter worth approximately $47,000. PNC Financial Services Group Inc. lifted its position in Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after acquiring an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its position in Energizer by 148.1% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after acquiring an additional 1,240 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after acquiring an additional 503 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in Energizer in the fourth quarter valued at approximately $60,000. 93.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ENR has been the topic of several analyst reports. Morgan Stanley reaffirmed a “negative” rating and issued a $21.00 price target on shares of Energizer in a report on Tuesday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. UBS Group raised their price objective on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday. Canaccord Genuity Group set a $18.00 target price on Energizer in a research note on Wednesday. Finally, JPMorgan Chase & Co. upped their target price on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Six equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Energizer has a consensus rating of “Reduce” and an average target price of $21.83.

Insider Transactions at Energizer

In other news, major shareholder Aqua Capital, Ltd. purchased 81,609 shares of the stock in a transaction on Wednesday, May 20th. The stock was bought at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the transaction, the insider owned 7,106,824 shares in the company, valued at $114,988,412.32. The trade was a 1.16% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders acquired 538,681 shares of company stock valued at $10,406,791. Company insiders own 1.63% of the company’s stock.

Energizer Stock Up 4.9%

NYSE:ENR opened at $22.59 on Friday. The company has a market cap of $1.55 billion, a PE ratio of 19.14 and a beta of 0.75. Energizer Holdings, Inc. has a twelve month low of $15.75 and a twelve month high of $30.29. The company has a current ratio of 2.07, a quick ratio of 1.03 and a debt-to-equity ratio of 16.22. The company’s 50 day moving average is $20.76 and its two-hundred day moving average is $19.83.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) 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 company had revenue of $734.10 million during the quarter, compared to analysts’ expectations of $720.29 million. During the same period in the prior year, the business posted $2.13 EPS. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Analysts anticipate that Energizer Holdings, Inc. will post 3.3 EPS for the current year.

Energizer Announces Dividend

The company also recently announced 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. The ex-dividend date is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.3%. Energizer’s dividend payout ratio (DPR) is 101.69%.

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.