Exchange Traded Concepts LLC Reduces Position in Energizer Holdings, Inc. $ENR

Exchange Traded Concepts LLC reduced its stake in Energizer Holdings, Inc. (NYSE:ENR) by 55.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,061 shares of the company’s stock after selling 34,977 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Energizer were worth $698,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ENR. Wedge Capital Management L L P NC acquired a new position in Energizer in the 3rd quarter valued at about $1,439,000. AdvisorNet Financial Inc purchased a new stake in shares of Energizer during the third quarter worth about $29,000. Public Sector Pension Investment Board raised its position in shares of Energizer by 7.4% in the second quarter. Public Sector Pension Investment Board now owns 223,699 shares of the company’s stock valued at $4,510,000 after buying an additional 15,377 shares during the last quarter. FORA Capital LLC purchased a new position in shares of Energizer during the second quarter valued at approximately $236,000. Finally, CANADA LIFE ASSURANCE Co boosted its position in Energizer by 33.2% during the second quarter. CANADA LIFE ASSURANCE Co now owns 124,118 shares of the company’s stock worth $2,504,000 after acquiring an additional 30,957 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. JPMorgan Chase & Co. cut their price target on Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, October 23rd. Morgan Stanley lowered their price objective on Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 19th. UBS Group reduced their target price on Energizer from $26.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, December 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Monday, December 22nd. Finally, Zacks Research downgraded shares of Energizer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.00.

Energizer Stock Performance

Shares of NYSE:ENR opened at $20.22 on Tuesday. The business has a 50-day moving average of $21.05 and a two-hundred day moving average of $23.65. The firm has a market capitalization of $1.39 billion, a PE ratio of 6.09 and a beta of 0.63. The company has a debt-to-equity ratio of 20.06, a current ratio of 2.11 and a quick ratio of 1.13. Energizer Holdings, Inc. has a 12 month low of $16.77 and a 12 month high of $35.90.

Energizer (NYSE:ENR) last issued its earnings results on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). The firm had revenue of $832.80 million for the quarter, compared to analysts’ expectations of $830.45 million. Energizer had a return on equity of 161.50% and a net margin of 8.09%.The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.22 EPS. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, research analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, November 25th. Energizer’s dividend payout ratio (DPR) is currently 36.14%.

Insider Buying and Selling at Energizer

In related news, Director Donal L. Mulligan acquired 15,000 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were bought at an average cost of $17.40 per share, with a total value of $261,000.00. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $435,000. This trade represents a 150.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark Stephen Lavigne acquired 10,000 shares of Energizer stock in a transaction on Tuesday, December 2nd. The shares were bought at an average price of $17.11 per share, for a total transaction of $171,100.00. Following the purchase, the chief executive officer owned 464,889 shares of the company’s stock, valued at $7,954,250.79. This represents a 2.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 26,000 shares of company stock worth $449,240 in the last 90 days. Company insiders own 1.63% of the company’s stock.

Energizer Company Profile

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.