State of Alaska Department of Revenue Buys 2,735 Shares of Energizer Holdings, Inc. $ENR

State of Alaska Department of Revenue lifted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 7.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 39,136 shares of the company’s stock after purchasing an additional 2,735 shares during the quarter. State of Alaska Department of Revenue owned 0.05% of Energizer worth $788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ENR. GAMMA Investing LLC grew its position in Energizer by 2,354.4% during the first quarter. GAMMA Investing LLC now owns 18,850 shares of the company’s stock worth $564,000 after buying an additional 18,082 shares in the last quarter. Rhumbline Advisers grew its position in Energizer by 0.4% during the first quarter. Rhumbline Advisers now owns 200,988 shares of the company’s stock worth $6,014,000 after buying an additional 715 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in Energizer by 5.4% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 10,779 shares of the company’s stock worth $323,000 after buying an additional 553 shares in the last quarter. Wedge Capital Management L L P NC grew its position in Energizer by 36.3% during the first quarter. Wedge Capital Management L L P NC now owns 50,018 shares of the company’s stock worth $1,497,000 after buying an additional 13,325 shares in the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new position in Energizer during the first quarter worth about $441,000. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ENR shares. Wall Street Zen cut Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Saturday, September 27th. JPMorgan Chase & Co. boosted their target price on Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. UBS Group reiterated 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. Finally, Truist Financial upped their price objective on Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $31.43.

Energizer Price Performance

ENR opened at $24.18 on Tuesday. The stock has a market capitalization of $1.65 billion, a P/E ratio of 6.97 and a beta of 0.62. Energizer Holdings, Inc. has a 12-month low of $19.70 and a 12-month high of $39.51. The stock has a 50-day moving average price of $27.40 and a 200-day moving average price of $25.25. The company has a current ratio of 1.78, a quick ratio of 0.84 and a debt-to-equity ratio of 17.57.

Energizer (NYSE:ENR) last issued its earnings results on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.52. The company had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $692.67 million. Energizer had a return on equity of 181.90% and a net margin of 8.60%.Energizer’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $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 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Thursday, August 21st were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, August 21st. This represents a $1.20 annualized dividend and a yield of 5.0%. 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.