Invesco Ltd. Buys 3,392 Shares of Energizer Holdings, Inc. $ENR

Invesco Ltd. increased its stake in Energizer Holdings, Inc. (NYSE:ENR) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 496,524 shares of the company’s stock after buying an additional 3,392 shares during the period. Invesco Ltd.’s holdings in Energizer were worth $14,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CX Institutional purchased a new position in shares of Energizer during the 1st quarter worth approximately $33,000. Public Employees Retirement System of Ohio bought a new stake in shares of Energizer during the fourth quarter valued at approximately $43,000. Curat Global LLC bought a new stake in shares of Energizer during the first quarter valued at approximately $53,000. Russell Investments Group Ltd. grew its stake in Energizer by 21.6% in the fourth quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company’s stock worth $71,000 after purchasing an additional 360 shares during the period. Finally, Central Pacific Bank Trust Division raised its holdings in Energizer by 29.4% in the first quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company’s stock worth $66,000 after purchasing an additional 500 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Stock Up 2.0%

Shares of Energizer stock opened at $28.6250 on Friday. The company has a 50-day simple moving average of $23.81 and a two-hundred day simple moving average of $26.02. The stock has a market capitalization of $1.95 billion, a PE ratio of 8.25 and a beta of 0.63. Energizer Holdings, Inc. has a 52-week low of $19.70 and a 52-week high of $39.51. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.52. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The company had revenue of $725.30 million during the quarter, compared to the consensus estimate of $692.67 million. During the same quarter last year, the firm earned $0.79 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. On average, analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st will be paid a $0.30 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. Energizer’s payout ratio is currently 34.58%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ENR. Canaccord Genuity Group dropped their target price on shares of Energizer from $31.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, May 7th. Wall Street Zen raised shares of Energizer from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Barclays boosted their price objective on shares of Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. raised their target price on shares of Energizer from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Finally, UBS Group reiterated a “neutral” rating and set a $29.00 target price (up from $23.00) on shares of Energizer in a report on Tuesday, August 5th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $31.43.

Energizer Company 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.