Insider Buying: Energizer (NYSE:ENR) Major Shareholder Buys $861,600.00 in Stock

Energizer Holdings, Inc. (NYSE:ENR) major shareholder Aqua Capital, Ltd. acquired 40,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were bought at an average cost of $21.54 per share, with a total value of $861,600.00. Following the completion of the acquisition, the insider directly owned 7,300,000 shares of the company’s stock, valued at $157,242,000. The trade was a 0.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Aqua Capital, Ltd. also recently made the following trade(s):

• On Monday, June 22nd, Aqua Capital, Ltd. bought 40,000 shares of Energizer stock. The shares were bought at an average price of $21.10 per share, with a total value of $844,000.00.
• On Wednesday, June 3rd, Aqua Capital, Ltd. bought 35,686 shares of Energizer stock. The shares were bought at an average price of $18.44 per share, with a total value of $658,049.84.
• On Monday, June 1st, Aqua Capital, Ltd. purchased 38,006 shares of Energizer stock. The shares were purchased at an average cost of $18.21 per share, for a total transaction of $692,089.26.
• On Thursday, May 21st, Aqua Capital, Ltd. purchased 43,380 shares of Energizer stock. The stock was purchased at an average price of $16.81 per share, for a total transaction of $729,217.80.
• On Wednesday, May 20th, Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock. The stock was purchased at an average cost of $16.18 per share, with a total value of $1,320,433.62.
• On Wednesday, April 15th, Aqua Capital, Ltd. acquired 4,200 shares of Energizer stock. The stock was purchased at an average cost of $18.85 per share, with a total value of $79,170.00.
• On Tuesday, April 14th, Aqua Capital, Ltd. acquired 1,643 shares of Energizer stock. The shares were purchased at an average price of $18.90 per share, with a total value of $31,052.70.
• On Wednesday, April 8th, Aqua Capital, Ltd. bought 14,372 shares of Energizer stock. The stock was purchased at an average cost of $17.47 per share, for a total transaction of $251,078.84.

Energizer Stock Up 4.6%

ENR stock opened at $22.58 on Thursday. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 8.27 and a beta of 0.78. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. The business’s 50-day moving average is $19.07 and its two-hundred day moving average is $19.61. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29.

Energizer (NYSE:ENR) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) 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 business had revenue of $643.30 million during the quarter, compared to the consensus estimate of $661.92 million. During the same period in the previous year, the company posted $0.67 EPS. The business’s quarterly 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, analysts forecast that Energizer Holdings, Inc. will post 3.55 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.3%. The ex-dividend date was Wednesday, May 20th. Energizer’s payout ratio is 43.96%.

Wall Street Analyst Weigh In

ENR has been the topic of several recent research reports. UBS Group increased their price target on shares of Energizer from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Barclays cut their price objective on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. JPMorgan Chase & Co. reduced their price objective on Energizer from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a report on Friday, March 27th. Finally, Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Energizer presently has a consensus rating of “Hold” and a consensus price target of $23.14.

Hedge Funds Weigh In On Energizer

Several large investors have recently added to or reduced their stakes in ENR. Kettle Hill Capital Management LLC increased its stake in shares of Energizer by 438.2% in the third quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares in the last quarter. WBI Investments LLC purchased a new position in shares of Energizer during the 3rd quarter valued at $1,572,000. NewSquare Capital LLC boosted its holdings in Energizer by 110.0% in the 3rd quarter. NewSquare Capital LLC now owns 233,892 shares of the company’s stock worth $5,822,000 after buying an additional 122,530 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Energizer by 148,623.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after buying an additional 2,792,643 shares during the period. Finally, Medina Value Partners LLC purchased a new stake in Energizer in the 3rd quarter worth $17,141,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Company 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.