Voya Investment Management LLC Cuts Stock Holdings in Energizer Holdings, Inc. $ENR

Voya Investment Management LLC decreased its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 10.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,161 shares of the company’s stock after selling 2,274 shares during the quarter. Voya Investment Management LLC’s holdings in Energizer were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in ENR. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Energizer by 58.8% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock valued at $62,658,000 after buying an additional 775,221 shares during the last quarter. LSV Asset Management boosted its holdings in Energizer by 28.4% in the first quarter. LSV Asset Management now owns 2,327,824 shares of the company’s stock worth $69,648,000 after purchasing an additional 515,124 shares during the last quarter. Nuveen LLC purchased a new stake in Energizer in the first quarter worth approximately $9,069,000. Amundi boosted its holdings in Energizer by 512.3% in the first quarter. Amundi now owns 311,795 shares of the company’s stock worth $9,151,000 after purchasing an additional 260,869 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Energizer by 1.8% in the first quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock worth $281,906,000 after purchasing an additional 170,017 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Stock Up 0.6%

Shares of NYSE ENR opened at $25.98 on Friday. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 7.49 and a beta of 0.69. Energizer Holdings, Inc. has a 52-week low of $19.70 and a 52-week high of $39.51. The company’s 50-day simple moving average is $27.28 and its 200-day simple moving average is $25.52. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57.

Energizer (NYSE:ENR) last announced its earnings results on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate 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 net margin of 8.60% and a return on equity of 181.90%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.79 EPS. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. Equities analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, August 21st. Energizer’s payout ratio is currently 34.58%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barclays lifted their price target on shares of Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Wall Street Zen downgraded shares of Energizer from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Truist Financial boosted their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. UBS Group reiterated a “neutral” rating and set a $29.00 price target (up from $23.00) on shares of Energizer in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Energizer from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Friday, July 25th. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and an average price target of $31.43.

Energizer Company 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.