Oak Associates Ltd. OH Trims Stake in Energizer Holdings, Inc. $ENR

Oak Associates Ltd. OH lowered its position in Energizer Holdings, Inc. (NYSE:ENR) by 37.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,521 shares of the company’s stock after selling 7,000 shares during the quarter. Oak Associates Ltd. OH’s holdings in Energizer were worth $232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of Energizer in the 2nd quarter valued at about $406,000. US Bancorp DE grew its holdings in shares of Energizer by 108.7% during the second quarter. US Bancorp DE now owns 37,527 shares of the company’s stock worth $757,000 after purchasing an additional 19,543 shares in the last quarter. Brandywine Global Investment Management LLC increased its position in shares of Energizer by 19.8% in the second quarter. Brandywine Global Investment Management LLC now owns 315,378 shares of the company’s stock worth $6,358,000 after purchasing an additional 52,200 shares during the last quarter. North Star Investment Management Corp. raised its stake in Energizer by 28.7% in the second quarter. North Star Investment Management Corp. now owns 116,600 shares of the company’s stock valued at $2,351,000 after purchasing an additional 26,000 shares in the last quarter. Finally, Bryce Point Capital LLC raised its stake in Energizer by 48.1% in the second quarter. Bryce Point Capital LLC now owns 36,492 shares of the company’s stock valued at $736,000 after purchasing an additional 11,858 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Price Performance

Shares of NYSE:ENR opened at $18.01 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 2.11 and a debt-to-equity ratio of 20.06. The stock has a market cap of $1.23 billion, a PE ratio of 5.42 and a beta of 0.63. The company’s fifty day moving average is $24.24 and its 200 day moving average is $24.27. Energizer Holdings, Inc. has a 52 week low of $17.13 and a 52 week high of $39.51.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). The company had revenue of $832.80 million for the quarter, compared to the consensus estimate of $830.45 million. Energizer had a net margin of 8.09% and a return on equity of 161.50%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $1.22 earnings per share. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS. FY 2026 guidance at 3.300-3.600 EPS. Research analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a $0.30 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $1.20 annualized dividend and a yield of 6.7%. Energizer’s payout ratio is presently 36.14%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ENR. Weiss Ratings reissued a “hold (c)” rating on shares of Energizer in a research note on Tuesday, October 14th. Morgan Stanley dropped their price objective on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, November 19th. Truist Financial upped their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Wall Street Zen downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Canaccord Genuity Group dropped their price target on Energizer from $29.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. One analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $28.00.

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.