Jupiter Topco LLC Takes $10.12 Million Position in Energizer Holdings, Inc. $ENR

Jupiter Topco LLC bought a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 2nd quarter, Holdings Channel.com reports. The fund bought 471,807 shares of the company’s stock, valued at approximately $10,116,000.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in shares of Energizer during the second quarter worth about $201,796,000. Clarkston Capital Partners LLC lifted its stake in Energizer by 9.7% in the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock worth $84,085,000 after acquiring an additional 372,465 shares during the last quarter. LSV Asset Management lifted its stake in Energizer by 3.4% in the fourth quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock worth $70,679,000 after acquiring an additional 116,900 shares during the last quarter. 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 in the last quarter. Finally, State Street Corp grew its holdings in Energizer by 0.5% during the 4th quarter. State Street Corp now owns 2,490,608 shares of the company’s stock worth $49,538,000 after acquiring an additional 13,200 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of Energizer stock in a transaction dated Monday, July 20th. The stock was bought at an average price of $20.02 per share, for a total transaction of $1,201,200.00. Following 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have acquired 413,692 shares of company stock worth $8,357,139. 1.63% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ENR. Morgan Stanley reaffirmed a “negative” rating and set a $21.00 price objective on shares of Energizer in a research report on Tuesday, August 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. UBS Group lifted their price target on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Barclays boosted their target price on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Canaccord Genuity Group set a $18.00 price objective on shares of 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, the company currently has a consensus rating of “Reduce” and an average price target of $21.83.

Energizer Stock Performance

Shares of ENR stock opened at $22.40 on Friday. The stock’s 50-day moving average price is $21.47 and its 200 day moving average price is $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. The stock has a market capitalization of $1.53 billion, a PE 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.

Energizer (NYSE:ENR) last announced its earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.08). The company had revenue of $734.10 million during the quarter, compared to analysts’ expectations of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.13 earnings per share. 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, equities research analysts forecast that Energizer Holdings, Inc. will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The company also recently disclosed 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. 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 payout ratio is currently 101.69%.

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.