Kettle Hill Capital Management LLC Purchases 450,921 Shares of Energizer Holdings, Inc. $ENR

Kettle Hill Capital Management LLC raised its position in shares of Energizer Holdings, Inc. (NYSE:ENR) by 438.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 553,815 shares of the company’s stock after acquiring an additional 450,921 shares during the period. Energizer makes up 3.1% of Kettle Hill Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Kettle Hill Capital Management LLC’s holdings in Energizer were worth $13,784,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc bought a new position in shares of Energizer in the third quarter worth about $29,000. Huntington National Bank increased its position in Energizer by 1,836.1% in the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after buying an additional 1,120 shares during the period. Versant Capital Management Inc boosted its position in shares of Energizer by 92.4% in the third quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock valued at $31,000 after acquiring an additional 592 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Energizer by 93.8% in the third quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock worth $50,000 after acquiring an additional 964 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Energizer by 27.8% during the third quarter. Blue Trust Inc. now owns 2,407 shares of the company’s stock worth $60,000 after acquiring an additional 524 shares during the period. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Up 3.4%

ENR opened at $17.03 on Monday. Energizer Holdings, Inc. has a fifty-two week low of $16.38 and a fifty-two week high of $30.50. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. The firm’s fifty day moving average price is $21.07 and its two-hundred day moving average price is $22.51. The company has a market capitalization of $1.17 billion, a P/E ratio of 5.73 and a beta of 0.64.

Energizer (NYSE:ENR) last announced its quarterly earnings data 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. The company had revenue of $778.90 million during the quarter, compared to analysts’ expectations of $712.82 million. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. On average, analysts anticipate that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 18th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Wednesday, February 18th. Energizer’s dividend payout ratio is 40.40%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ENR. Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Evercore set a $28.00 price objective on shares of Energizer in a research report on Tuesday, February 10th. Wall Street Zen cut shares of Energizer from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. JPMorgan Chase & Co. lifted their target price on Energizer from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, UBS Group set a $25.00 price target on Energizer 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 and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.