Northwestern Mutual Wealth Management Co. Has $55.58 Million Stake in Energizer Holdings, Inc. $ENR

Northwestern Mutual Wealth Management Co. grew its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 148,623.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,794,522 shares of the company’s stock after acquiring an additional 2,792,643 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Energizer were worth $55,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ENR. Huntington National Bank lifted its position in shares of Energizer by 1,836.1% in the third quarter. Huntington National Bank now owns 1,181 shares of the company’s stock valued at $29,000 after buying an additional 1,120 shares during the last quarter. Versant Capital Management Inc lifted 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 buying an additional 592 shares during the last quarter. Smartleaf Asset Management LLC lifted its position 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 valued at $50,000 after buying an additional 964 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Energizer by 196.0% in the third quarter. Hantz Financial Services Inc. now owns 5,275 shares of the company’s stock valued at $131,000 after buying an additional 3,493 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Energizer by 19.8% in the third quarter. PNC Financial Services Group Inc. now owns 6,013 shares of the company’s stock valued at $150,000 after buying an additional 992 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Energizer Price Performance

Energizer stock opened at $16.81 on Monday. The firm has a market cap of $1.15 billion, a PE ratio of 6.16 and a beta of 0.81. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The stock’s fifty day moving average price is $18.02 and its two-hundred day moving average price is $19.98. Energizer Holdings, Inc. has a one year low of $16.00 and a one year high of $30.29.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The firm had revenue of $643.30 million during the quarter, compared to the consensus estimate of $661.92 million. During the same period in the prior year, the company posted $0.67 EPS. The company’s revenue was down 3.0% compared to the same quarter last year. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, research analysts expect that Energizer Holdings, Inc. will post 3.56 EPS for the current fiscal year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be given a $0.30 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.1%. Energizer’s dividend payout ratio (DPR) is presently 43.96%.

Insider Activity at Energizer

In related news, major shareholder Aqua Capital, Ltd. purchased 14,372 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were bought at an average price of $17.47 per share, for a total transaction of $251,078.84. Following the completion of the transaction, the insider owned 7,019,372 shares of the company’s stock, valued at approximately $122,628,428.84. This trade represents a 0.21% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders acquired a total of 20,215 shares of company stock valued at $361,302 in the last quarter. 1.63% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

ENR has been the topic of a number of recent research reports. Barclays lowered their target price on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. UBS Group increased their target price on Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Evercore set a $28.00 target price on Energizer in a research note on Tuesday, February 10th. Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $24.00 target price on Energizer in a research note on Monday, February 9th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Energizer currently has an average rating of “Hold” and an average target price of $23.14.

About Energizer

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.