Federated Hermes Inc. Sells 71,617 Shares of Energizer Holdings, Inc. $ENR

Federated Hermes Inc. reduced its stake in Energizer Holdings, Inc. (NYSE:ENRFree Report) by 62.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,232 shares of the company’s stock after selling 71,617 shares during the period. Federated Hermes Inc. owned approximately 0.06% of Energizer worth $1,051,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Clarkston Capital Partners LLC lifted its holdings in Energizer by 13.9% during the 2nd quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock worth $96,554,000 after purchasing an additional 583,465 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Energizer by 34.9% during the second quarter. Gamco Investors INC. ET AL now owns 1,899,587 shares of the company’s stock valued at $38,296,000 after buying an additional 491,794 shares during the period. LSV Asset Management lifted its holdings in shares of Energizer by 18.6% in the second quarter. LSV Asset Management now owns 2,761,148 shares of the company’s stock worth $55,665,000 after buying an additional 433,324 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Energizer in the second quarter valued at approximately $5,825,000. Finally, Qube Research & Technologies Ltd grew its stake in Energizer by 91.3% during the second quarter. Qube Research & Technologies Ltd now owns 447,149 shares of the company’s stock valued at $9,015,000 after acquiring an additional 213,448 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Trading Down 0.0%

Shares of ENR stock opened at $23.38 on Friday. The business has a 50-day moving average of $20.29 and a 200 day moving average of $23.57. 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 1-year low of $16.77 and a 1-year high of $32.86. The stock has a market capitalization of $1.60 billion, a PE ratio of 7.04 and a beta of 0.64.

Energizer (NYSE:ENRGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.05. Energizer had a return on equity of 161.50% and a net margin of 8.09%.The firm had revenue of $778.90 million during the quarter, compared to the consensus estimate of $712.82 million. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis. 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, sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $1.20 annualized dividend and a yield of 5.1%. Energizer’s dividend payout ratio is presently 36.14%.

Insiders Place Their Bets

In other Energizer news, CEO Mark Stephen Lavigne bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were bought at an average cost of $17.11 per share, with a total value of $171,100.00. Following the completion of the purchase, the chief executive officer directly owned 464,889 shares of the company’s stock, valued at $7,954,250.79. This trade represents a 2.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Donal L. Mulligan purchased 15,000 shares of Energizer stock in a transaction that occurred on Tuesday, December 2nd. The shares were acquired at an average price of $17.40 per share, for a total transaction of $261,000.00. Following the acquisition, the director owned 25,000 shares in the company, valued at $435,000. This trade represents a 150.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 26,000 shares of company stock worth $449,240. Insiders own 1.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on ENR. UBS Group lowered their target price on shares of Energizer from $26.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday, December 8th. Zacks Research cut shares of Energizer from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 25th. Barclays set a $22.00 price objective on Energizer in a research note on Friday, January 16th. Wall Street Zen cut Energizer from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Energizer has an average rating of “Hold” and a consensus target price of $24.33.

View Our Latest Stock Report on Energizer

Key Energizer News

Here are the key news stories impacting Energizer this week:

Energizer Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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