JPMorgan Chase & Co. Sells 44,669 Shares of Energizer Holdings, Inc. $ENR

JPMorgan Chase & Co. cut its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 28.0% during the 3rd quarter, according to its most recent Form 13F filing 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.’s holdings in Energizer were worth $2,853,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new stake in shares of Energizer in the 3rd quarter valued at $29,000. Huntington National Bank raised its position in Energizer by 1,836.1% in the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after purchasing an additional 1,120 shares during the period. Versant Capital Management Inc lifted its stake in Energizer by 92.4% in the third quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock worth $31,000 after purchasing an additional 592 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Energizer in the third quarter worth $47,000. Finally, Smartleaf Asset Management LLC boosted its position in Energizer by 93.8% during the third quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock valued at $50,000 after buying an additional 964 shares during the period. 93.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. UBS Group set a $25.00 price objective on Energizer and gave the stock a “neutral” rating in a report on Friday, February 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Evercore set a $28.00 price objective on Energizer in a research report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. increased their price objective on Energizer from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $25.29.

Energizer Stock Performance

Shares of NYSE:ENR opened at $16.40 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.07 and a debt-to-equity ratio of 23.49. The company has a 50-day moving average price of $19.95 and a 200-day moving average price of $21.27. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 5.52 and a beta of 0.71. Energizer Holdings, Inc. has a 12 month low of $16.00 and a 12 month high of $30.29.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. The company had revenue of $778.90 million for the quarter, compared to the consensus estimate of $712.82 million. Energizer had a return on equity of 143.24% and a net margin of 7.11%.Energizer’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. 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, equities analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 18th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 annualized dividend and a dividend yield of 7.3%. Energizer’s payout ratio is 40.40%.

Energizer 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.