Gamco Investors INC. ET AL Trims Stock Position in Energizer Holdings, Inc. $ENR

Gamco Investors INC. ET AL lessened its stake in Energizer Holdings, Inc. (NYSE:ENR) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,865,365 shares of the company’s stock after selling 34,222 shares during the period. Gamco Investors INC. ET AL owned 2.73% of Energizer worth $46,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Bank of Montreal Can increased its position in Energizer by 3.3% during the 2nd quarter. Bank of Montreal Can now owns 13,701 shares of the company’s stock worth $276,000 after purchasing an additional 435 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in Energizer by 0.4% in the 3rd quarter. North Star Investment Management Corp. now owns 117,100 shares of the company’s stock valued at $2,915,000 after purchasing an additional 500 shares in the last quarter. Blue Trust Inc. lifted its holdings in Energizer by 27.8% in the 3rd quarter. Blue Trust Inc. now owns 2,407 shares of the company’s stock valued at $60,000 after purchasing an additional 524 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Energizer by 0.3% during the 2nd quarter. Legal & General Group Plc now owns 174,581 shares of the company’s stock worth $3,520,000 after purchasing an additional 542 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of Energizer by 92.4% during the 3rd 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. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Trading Up 0.6%

Shares of ENR stock opened at $19.31 on Friday. The firm’s 50-day simple moving average is $21.33 and its 200-day simple moving average is $22.96. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. Energizer Holdings, Inc. has a 1-year low of $16.77 and a 1-year high of $31.78. The firm has a market cap of $1.32 billion, a P/E ratio of 6.50 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The firm had revenue of $778.90 million during the quarter, compared to the consensus estimate of $712.82 million. During the same period in the previous year, the firm earned $0.67 earnings per share. Energizer’s revenue was up 6.5% compared to the same quarter last year. 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 forecast 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, March 11th. Stockholders of record on Wednesday, February 18th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Energizer’s payout ratio is currently 40.40%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Barclays set a $22.00 price objective on shares of Energizer in a research report on Friday, January 16th. UBS Group set a $25.00 target price on shares of Energizer and gave the stock a “neutral” rating in a research note on Friday, February 6th. Canaccord Genuity Group set a $19.00 price target on Energizer in a report on Monday, February 9th. Wall Street Zen lowered Energizer from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, Morgan Stanley set a $24.00 price objective on Energizer in a report on Monday, February 9th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Energizer presently has an average rating of “Hold” and an average price target of $25.29.

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.