Insider Buying: Energizer (NYSE:ENR) Major Shareholder Purchases $251,078.84 in Stock

Energizer Holdings, Inc. (NYSE:ENR) major shareholder Aqua Capital, Ltd. acquired 14,372 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were bought at an average cost of $17.47 per share, for a total transaction of $251,078.84. Following the transaction, the insider directly owned 7,019,372 shares in the company, valued at approximately $122,628,428.84. This represents a 0.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Energizer Trading Up 0.1%

ENR opened at $18.78 on Monday. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. Energizer Holdings, Inc. has a fifty-two week low of $16.00 and a fifty-two week high of $30.29. The firm has a market capitalization of $1.29 billion, a PE ratio of 6.32 and a beta of 0.71. The company’s 50-day moving average is $19.58 and its 200 day moving average is $20.91.

Energizer (NYSE:ENR) last posted its earnings results on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The company had revenue of $778.90 million for the quarter, compared to analyst estimates of $712.82 million. During the same quarter in the prior year, the business posted $0.67 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. As a group, research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 18th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Wednesday, February 18th. Energizer’s dividend payout ratio is currently 40.40%.

Hedge Funds Weigh In On Energizer

Several hedge funds have recently modified their holdings of the company. Invesco Ltd. lifted its position in shares of Energizer by 25.8% during the 4th quarter. Invesco Ltd. now owns 589,954 shares of the company’s stock worth $11,734,000 after buying an additional 121,051 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in shares of Energizer by 2.5% during the 4th quarter. SkyView Investment Advisors LLC now owns 23,608 shares of the company’s stock worth $470,000 after buying an additional 568 shares in the last quarter. VARCOV Co. bought a new position in shares of Energizer during the 4th quarter worth approximately $1,509,000. Wellington Management Group LLP lifted its position in shares of Energizer by 69.4% during the 4th quarter. Wellington Management Group LLP now owns 903,293 shares of the company’s stock worth $17,966,000 after buying an additional 370,216 shares in the last quarter. Finally, SummitTX Capital L.P. bought a new position in shares of Energizer during the 4th quarter worth approximately $666,000. Institutional investors own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

ENR has been the topic of a number of analyst reports. UBS Group lowered their target price on shares of Energizer from $25.00 to $17.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Barclays set a $22.00 target price on shares of Energizer in a report on Friday, January 16th. Canaccord Genuity Group set a $19.00 target price on shares of Energizer in a report on Monday, February 9th. Evercore set a $28.00 target price on shares of Energizer in a report on Tuesday, February 10th. Finally, Morgan Stanley set a $24.00 target price on shares of Energizer in a report on Monday, February 9th. 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 presently has a consensus rating of “Hold” and a consensus price target of $24.14.

About Energizer

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.