JPMorgan Chase & Co. Reduces Stock Position in Energizer Holdings, Inc. $ENR

JPMorgan Chase & Co. cut its stake in Energizer Holdings, Inc. (NYSE:ENR) by 28.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 114,620 shares of the company’s stock after selling 44,669 shares during the quarter. JPMorgan Chase & Co. owned about 0.17% of Energizer worth $2,853,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in Energizer by 20.0% in the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after purchasing an additional 18,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Energizer by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after buying an additional 1,857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Energizer by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock worth $5,299,000 after buying an additional 13,216 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Energizer by 0.3% in the second quarter. Legal & General Group Plc now owns 174,581 shares of the company’s stock valued at $3,520,000 after acquiring an additional 542 shares during the period. Finally, Franklin Resources Inc. boosted its position in shares of Energizer by 11.2% in the second quarter. Franklin Resources Inc. now owns 34,214 shares of the company’s stock valued at $690,000 after acquiring an additional 3,457 shares during the period. 93.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on ENR. JPMorgan Chase & Co. upped their target price on shares of Energizer from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Evercore set a $28.00 price target on shares of Energizer in a research report on Tuesday, February 10th. Barclays set a $22.00 price target on shares of Energizer in a report on Friday, January 16th. Morgan Stanley set a $24.00 price objective on Energizer in a research report on Monday, February 9th. Finally, UBS Group set a $25.00 target price on Energizer and gave the stock a “neutral” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Energizer presently has a consensus rating of “Hold” and an average target price of $25.29.

Energizer Price Performance

ENR stock opened at $16.40 on Monday. The firm has a 50 day simple moving average of $19.95 and a two-hundred day simple moving average of $21.27. The stock has a market cap of $1.12 billion, a PE ratio of 5.52 and a beta of 0.71. Energizer Holdings, Inc. has a one year low of $16.00 and a one year high of $30.29. 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 (NYSE:ENR) last posted 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 net margin of 7.11% and a return on equity of 143.24%. The firm had revenue of $778.90 million for the quarter, compared to analysts’ expectations of $712.82 million. During the same quarter last year, the company posted $0.67 EPS. The business’s quarterly 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. On average, analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders 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 7.3%. The ex-dividend date was Wednesday, February 18th. Energizer’s dividend payout ratio is presently 40.40%.

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.