Energizer Holdings, Inc. $ENR Shares Sold by Northern Trust Corp

Northern Trust Corp reduced its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 772,521 shares of the company’s stock after selling 22,485 shares during the period. Northern Trust Corp owned approximately 1.07% of Energizer worth $23,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its holdings in shares of Energizer by 1.5% in the first quarter. Principal Financial Group Inc. now owns 907,826 shares of the company’s stock valued at $27,162,000 after purchasing an additional 13,453 shares during the period. Nuveen Asset Management LLC increased its holdings in shares of Energizer by 17.7% in the fourth quarter. Nuveen Asset Management LLC now owns 303,549 shares of the company’s stock valued at $10,591,000 after purchasing an additional 45,638 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Energizer in the fourth quarter valued at about $4,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Energizer by 18.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,876 shares of the company’s stock valued at $5,718,000 after purchasing an additional 25,105 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Energizer by 2,354.4% in the first quarter. GAMMA Investing LLC now owns 18,850 shares of the company’s stock valued at $564,000 after purchasing an additional 18,082 shares during the period. 93.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ENR. Truist Financial increased their price objective on Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. UBS Group reissued a “neutral” rating and issued a $29.00 price objective (up from $23.00) on shares of Energizer in a report on Tuesday, August 5th. Canaccord Genuity Group cut their price objective on Energizer from $31.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, May 7th. JPMorgan Chase & Co. upped their target price on Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Finally, Wall Street Zen upgraded Energizer from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $31.43.

Energizer Stock Up 0.8%

Shares of ENR opened at $27.53 on Monday. Energizer Holdings, Inc. has a 52 week low of $19.70 and a 52 week high of $39.51. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 7.93 and a beta of 0.69. The stock’s 50-day moving average price is $24.56 and its 200-day moving average price is $25.80.

Energizer (NYSE:ENR) last issued its earnings results on Monday, August 4th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.52. The firm had revenue of $725.30 million for the quarter, compared to the consensus estimate of $692.67 million. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. On average, sell-side analysts predict 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 will be paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.4%. Energizer’s dividend payout ratio is currently 34.58%.

Energizer Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.