Louisiana State Employees Retirement System Buys Shares of 27,000 Energizer Holdings, Inc. $ENR

Louisiana State Employees Retirement System purchased a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,000 shares of the company’s stock, valued at approximately $443,000.

Other institutional investors also recently made changes to their positions in the company. Clarkston Capital Partners LLC boosted its stake in shares of Energizer by 9.7% during the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after acquiring an additional 372,465 shares during the last quarter. LSV Asset Management lifted its holdings in Energizer by 3.4% in the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after purchasing an additional 116,900 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Energizer by 148,623.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after acquiring an additional 2,792,643 shares during the last quarter. State Street Corp boosted its holdings in shares of Energizer by 0.5% during the fourth quarter. State Street Corp now owns 2,490,608 shares of the company’s stock worth $49,538,000 after purchasing an additional 13,200 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Energizer by 16.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock worth $46,717,000 after buying an additional 323,363 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ENR shares. UBS Group boosted their price target on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Barclays reduced their price objective on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. JPMorgan Chase & Co. cut their price target on shares of Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Canaccord Genuity Group reduced their price target on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $23.14.

Energizer Stock Down 2.7%

Shares of NYSE ENR opened at $20.14 on Thursday. The stock has a fifty day moving average price of $19.43 and a 200 day moving average price of $19.74. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. Energizer Holdings, Inc. has a 12-month low of $15.75 and a 12-month high of $30.29. The company has a market cap of $1.38 billion, a P/E ratio of 7.38 and a beta of 0.75.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The company had revenue of $643.30 million for the quarter, compared to analysts’ expectations of $661.92 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The firm’s quarterly revenue was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Research analysts anticipate that Energizer Holdings, Inc. will post 3.55 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 6.0%. Energizer’s payout ratio is 43.96%.

Insiders Place Their Bets

In other news, major shareholder Aqua Capital, Ltd. acquired 81,609 shares of the stock in a transaction on Wednesday, May 20th. The stock was bought at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the completion of the transaction, the insider directly owned 7,106,824 shares of the company’s stock, valued at $114,988,412.32. The trade was a 1.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders purchased 284,524 shares of company stock valued at $5,215,613. 1.63% of the stock is owned by corporate insiders.

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.