GAMMA Investing LLC Boosts Holdings in Energizer Holdings, Inc. $ENR

GAMMA Investing LLC grew its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 306.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,563 shares of the company’s stock after purchasing an additional 1,933 shares during the quarter. GAMMA Investing LLC’s holdings in Energizer were worth $52,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENR. Principal Financial Group Inc. boosted its position 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 acquiring an additional 13,453 shares during the period. Jump Financial LLC purchased a new position in shares of Energizer in the first quarter worth $276,000. Victory Capital Management Inc. increased its stake in shares of Energizer by 0.3% in the first quarter. Victory Capital Management Inc. now owns 349,568 shares of the company’s stock worth $10,459,000 after buying an additional 1,183 shares during the period. Hussman Strategic Advisors Inc. purchased a new position in Energizer during the 1st quarter valued at $1,257,000. Finally, Cetera Investment Advisers increased its position in Energizer by 33.0% during the 1st quarter. Cetera Investment Advisers now owns 14,974 shares of the company’s stock valued at $448,000 after purchasing an additional 3,712 shares during the period. Institutional investors own 93.74% of the company’s stock.

Energizer Price Performance

Shares of ENR stock opened at $24.76 on Friday. Energizer Holdings, Inc. has a 1-year low of $19.70 and a 1-year high of $39.51. The stock’s 50-day moving average is $27.39 and its 200 day moving average is $25.32. The company has a market cap of $1.69 billion, a P/E ratio of 7.13 and a beta of 0.62. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.52. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $692.67 million. During the same quarter last year, the company earned $0.79 earnings per share. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. Research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Thursday, August 21st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. Energizer’s dividend payout ratio (DPR) is presently 34.58%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ENR. Barclays upped their target price on shares of Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. increased their target price on shares of Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. UBS Group restated a “neutral” rating and issued a $29.00 price target (up from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research report on Saturday, September 27th. Finally, Truist Financial raised their price target on Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.