Edgestream Partners L.P. Invests $5.83 Million in Energizer Holdings, Inc. $ENR

Edgestream Partners L.P. acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 288,931 shares of the company’s stock, valued at approximately $5,825,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Energizer in the 2nd quarter valued at $387,000. Capital Fund Management S.A. increased its holdings in Energizer by 85.9% in the second quarter. Capital Fund Management S.A. now owns 100,390 shares of the company’s stock valued at $2,024,000 after buying an additional 46,380 shares during the last quarter. Clarkston Capital Partners LLC raised its stake in Energizer by 13.9% in the second quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock valued at $96,554,000 after buying an additional 583,465 shares in the last quarter. Choreo LLC raised its stake in Energizer by 7.8% in the second quarter. Choreo LLC now owns 17,106 shares of the company’s stock valued at $345,000 after buying an additional 1,231 shares in the last quarter. Finally, XTX Topco Ltd boosted its position in shares of Energizer by 68.1% during the 2nd quarter. XTX Topco Ltd now owns 14,945 shares of the company’s stock worth $301,000 after acquiring an additional 6,055 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Stock Down 2.0%

Shares of NYSE:ENR opened at $17.02 on Wednesday. Energizer Holdings, Inc. has a 1-year low of $16.77 and a 1-year high of $39.45. The company has a debt-to-equity ratio of 20.06, a current ratio of 2.11 and a quick ratio of 1.13. The stock has a market cap of $1.16 billion, a P/E ratio of 5.13 and a beta of 0.63. The firm has a fifty day moving average price of $22.95 and a 200 day moving average price of $24.05.

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

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, November 25th. Energizer’s dividend payout ratio (DPR) is presently 36.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ENR shares. UBS Group lowered their price target on Energizer from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. JPMorgan Chase & Co. lowered their target price on shares of Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, October 23rd. Morgan Stanley cut their price target on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 19th. Wall Street Zen cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Canaccord Genuity Group dropped their price objective on Energizer from $29.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $28.00.

Insider Buying and Selling at Energizer

In related news, CEO Mark Stephen Lavigne bought 10,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average price of $17.11 per share, with a total value of $171,100.00. Following the completion of the acquisition, the chief executive officer owned 464,889 shares in the company, valued at approximately $7,954,250.79. This trade represents a 2.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.98% of the company’s stock.

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.