UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 30,433 Shares of Energizer Holdings, Inc. $ENR

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Energizer Holdings, Inc. (NYSE:ENRFree Report) by 11.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 297,335 shares of the company’s stock after buying an additional 30,433 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Energizer were worth $6,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Energizer during the second quarter valued at approximately $201,796,000. Clarkston Capital Partners LLC grew 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 purchasing an additional 372,465 shares in the last quarter. LSV Asset Management increased its holdings in Energizer by 3.4% during the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock worth $70,679,000 after purchasing an additional 116,900 shares during the period. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. Finally, State Street Corp raised its position in Energizer by 0.5% during the 4th quarter. State Street Corp now owns 2,490,608 shares of the company’s stock valued at $49,538,000 after purchasing an additional 13,200 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the stock in a transaction on Thursday, July 23rd. The stock was acquired at an average price of $20.25 per share, with a total value of $1,215,000.00. Following the completion of the acquisition, the insider owned 7,940,000 shares in the company, valued at $160,785,000. The trade was a 0.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders bought 340,000 shares of company stock valued at $7,007,000 in the last three months. Company insiders own 1.63% of the company’s stock.

Energizer Price Performance

NYSE ENR opened at $21.02 on Wednesday. The firm’s fifty day simple moving average is $21.36 and its two-hundred day simple moving average is $19.79. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer Holdings, Inc. has a 12-month low of $15.75 and a 12-month high of $30.29. The firm has a market capitalization of $1.44 billion, a P/E ratio of 17.81 and a beta of 0.77.

Energizer (NYSE:ENRGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.08). The business had revenue of $734.10 million for 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 business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.13 EPS. 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 forecast that Energizer Holdings, Inc. will post 3.31 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently declared 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. The ex-dividend date is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.7%. Energizer’s dividend payout ratio (DPR) is 101.69%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ENR. Canaccord Genuity Group set a $18.00 price target on Energizer in a research report on Wednesday, August 5th. UBS Group upped their price objective on shares of Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Morgan Stanley reiterated a “negative” rating and set a $21.00 target price on shares of Energizer in a report on Tuesday, August 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Energizer from $19.00 to $22.00 and gave the stock 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 given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $21.83.

Check Out Our Latest Report on Energizer

Energizer Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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