LSV Asset Management Grows Position in Energizer Holdings, Inc. $ENR

LSV Asset Management grew its position in Energizer Holdings, Inc. (NYSE:ENR) by 24.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,436,574 shares of the company’s stock after acquiring an additional 675,426 shares during the quarter. LSV Asset Management owned 5.03% of Energizer worth $85,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AdvisorNet Financial Inc purchased a new position in shares of Energizer in the third quarter valued at $29,000. Versant Capital Management Inc grew its stake in shares of Energizer by 92.4% in the 3rd quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock worth $31,000 after buying an additional 592 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Energizer by 967.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,782 shares of the company’s stock worth $36,000 after buying an additional 1,615 shares during the last quarter. Blue Trust Inc. raised its position in shares of Energizer by 38.9% during the 2nd quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock valued at $38,000 after buying an additional 527 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Energizer by 93.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock valued at $50,000 after acquiring an additional 964 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Performance

Shares of Energizer stock opened at $22.70 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.99 and a debt-to-equity ratio of 23.49. The stock’s fifty day moving average is $20.79 and its two-hundred day moving average is $23.54. Energizer Holdings, Inc. has a 52 week low of $16.77 and a 52 week high of $31.78. The company has a market capitalization of $1.55 billion, a PE ratio of 7.64 and a beta of 0.64.

Energizer (NYSE:ENR) last released its earnings results on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.05. The business had revenue of $778.90 million during 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%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the company earned $0.67 earnings per share. 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, analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Wednesday, February 18th. Energizer’s dividend payout ratio is currently 40.40%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ENR shares. Evercore ISI set a $28.00 price objective on Energizer in a research note on Tuesday. Canaccord Genuity Group set a $19.00 price target on Energizer in a report on Monday. Barclays set a $22.00 price target on Energizer in a research report on Friday, January 16th. Wall Street Zen cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Energizer from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $25.29.

Insider Buying and Selling

In other news, CEO Mark Stephen Lavigne acquired 10,000 shares of Energizer stock in a transaction on Tuesday, December 2nd. The shares were bought at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the acquisition, the chief executive officer directly owned 464,889 shares of the company’s stock, valued at $7,954,250.79. This trade represents a 2.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Donal L. Mulligan bought 15,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average cost of $17.40 per share, with a total value of $261,000.00. Following the completion of the transaction, the director owned 25,000 shares in the company, valued at $435,000. This represents a 150.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have bought 26,000 shares of company stock worth $449,240. Corporate insiders own 1.63% of the company’s stock.

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.