WBI Investments LLC Acquires New Position in Energizer Holdings, Inc. $ENR

WBI Investments LLC bought a new position in Energizer Holdings, Inc. (NYSE:ENR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 63,170 shares of the company’s stock, valued at approximately $1,572,000. WBI Investments LLC owned approximately 0.09% of Energizer as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ENR. Dark Forest Capital Management LP bought a new stake in shares of Energizer in the 3rd quarter valued at approximately $1,425,000. Optimist Retirement Group LLC bought a new position in shares of Energizer during the 3rd quarter valued at $218,000. XTX Topco Ltd lifted its stake in shares of Energizer by 53.5% in the 3rd quarter. XTX Topco Ltd now owns 22,935 shares of the company’s stock valued at $571,000 after purchasing an additional 7,990 shares during the last quarter. Verition Fund Management LLC boosted its holdings in Energizer by 6.2% in the third quarter. Verition Fund Management LLC now owns 102,569 shares of the company’s stock worth $2,553,000 after purchasing an additional 5,950 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Energizer in the third quarter worth $47,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Wall Street Analysts Forecast Growth

ENR has been the topic of several recent research reports. Evercore set a $28.00 target price on Energizer in a report on Tuesday, February 10th. Barclays set a $22.00 price target on Energizer in a research note on Friday, January 16th. Morgan Stanley set a $24.00 price objective on Energizer in a research note on Monday, February 9th. UBS Group set a $25.00 target price on Energizer and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Zacks Research raised Energizer from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.29.

Energizer Stock Up 3.3%

ENR stock opened at $17.53 on Wednesday. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 5.90 and a beta of 0.64. The company has a 50-day moving average of $20.97 and a two-hundred day moving average of $22.37. Energizer Holdings, Inc. has a 52-week low of $16.38 and a 52-week high of $30.34. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07.

Energizer (NYSE:ENR) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. Energizer had a return on equity of 143.24% and a net margin of 7.11%.The business had revenue of $778.90 million for the quarter, compared to analyst estimates of $712.82 million. During the same period in the previous year, the company posted $0.67 earnings per share. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. As a group, equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, February 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.8%. Energizer’s payout ratio is 40.40%.

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.