UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 30,433 Shares of Energizer Holdings, Inc. $ENR

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Energizer Holdings, Inc. (NYSE:ENRFree Report) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,335 shares of the company’s stock after purchasing an additional 30,433 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.43% of Energizer worth $6,375,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its position in shares of Energizer by 14.0% during the second quarter. Wellington Management Group LLP now owns 987,730 shares of the company’s stock valued at $21,177,000 after buying an additional 121,676 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Energizer during the second quarter worth $66,000. Bank of America Corp DE bought a new position in shares of Energizer during the second quarter worth $9,827,000. Freestone Grove Partners LP purchased a new position in Energizer during the second quarter valued at $392,000. Finally, Man Group plc purchased a new position in Energizer during the second quarter valued at $4,604,000. 93.74% of the stock is currently owned by institutional investors.

Insider Transactions at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The stock was bought at an average price of $20.02 per share, for a total transaction of $1,201,200.00. Following the acquisition, the insider directly owned 7,820,000 shares in the company, valued at $156,556,400. The trade was a 0.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders acquired 340,000 shares of company stock worth $7,007,000. 1.63% of the stock is owned by insiders.

Analyst Ratings Changes

ENR has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Canaccord Genuity Group set a $18.00 price objective on Energizer in a research report on Wednesday, August 5th. UBS Group lifted their target price on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Finally, Morgan Stanley reissued a “negative” rating and set a $21.00 price target on shares of Energizer in a research note on Tuesday, August 4th. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Energizer has a consensus rating of “Reduce” and an average target price of $21.83.

Check Out Our Latest Stock Analysis on Energizer

Energizer Stock Performance

Shares of NYSE:ENR opened at $21.02 on Wednesday. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. Energizer Holdings, Inc. has a 12 month low of $15.75 and a 12 month high of $30.29. The firm’s 50-day moving average is $21.36 and its 200 day moving average is $19.79. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22.

Energizer (NYSE:ENRGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.08). Energizer had a return on equity of 122.63% and a net margin of 2.73%.The firm had revenue of $734.10 million during the quarter, compared to the consensus estimate of $720.29 million. During the same period in the previous year, the business earned $2.13 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Research analysts predict that Energizer Holdings, Inc. will post 3.31 EPS for the current year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s dividend payout ratio (DPR) is currently 101.69%.

Energizer Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Energizer (NYSE:ENR)

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