Readystate Asset Management LP Has $676,000 Stock Holdings in Energizer Holdings, Inc. $ENR

Readystate Asset Management LP increased its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR) by 153.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,166 shares of the company’s stock after purchasing an additional 24,901 shares during the quarter. Readystate Asset Management LP owned 0.06% of Energizer worth $676,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Quantinno Capital Management LP boosted its holdings in shares of Energizer by 139.3% in the first quarter. Quantinno Capital Management LP now owns 50,480 shares of the company’s stock valued at $829,000 after buying an additional 29,387 shares during the period. SummitTX Capital L.P. boosted its stake in Energizer by 2.3% in the 1st quarter. SummitTX Capital L.P. now owns 34,246 shares of the company’s stock worth $562,000 after purchasing an additional 781 shares during the period. Gabelli Funds LLC increased its holdings in Energizer by 5.2% during the 1st quarter. Gabelli Funds LLC now owns 532,000 shares of the company’s stock worth $8,735,000 after purchasing an additional 26,500 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Energizer by 0.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 2,060,431 shares of the company’s stock valued at $33,832,000 after purchasing an additional 16,637 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Energizer by 116.5% in the first quarter. Sei Investments Co. now owns 32,449 shares of the company’s stock valued at $533,000 after purchasing an additional 17,464 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Key Energizer News

Here are the key news stories impacting Energizer this week:

• Positive Sentiment: Major shareholder Aqua Capital continued buying ENR shares, acquiring a combined 160,000 shares for approximately $3.24 million in transactions dated July 17, July 20 and July 23. The purchases increased Aqua Capital’s already sizable position and may signal confidence in Energizer’s valuation and long-term prospects. SEC filing on Aqua Capital purchase
• Positive Sentiment: Energizer declared a quarterly dividend of $0.30 per share, payable September 9 to shareholders of record August 19. The dividend equates to $1.20 annually and a reported yield of about 5.5%, which may attract income-oriented investors. Energizer dividend announcement
• Positive Sentiment: A Zacks analysis highlighted Energizer as a potentially strong long-term momentum stock, suggesting that recent price performance and valuation characteristics could appeal to momentum and value investors. Zacks momentum analysis
• Neutral Sentiment: Analyst sentiment remains cautious: ENR has an average rating of “Hold,” with one Buy and seven Hold ratings, while the average price target is approximately $24. Recent target changes were mixed, although several firms raised their objectives.
• Negative Sentiment: Zacks warned that Energizer may report a decline in earnings and lacks the indicators typically associated with a likely earnings beat. Investors are likely to focus on upcoming results, guidance and consumer demand. Zacks earnings outlook
• Negative Sentiment: The latest reported quarter showed revenue down 3% year over year and below analyst expectations, despite a substantial EPS beat. Energizer’s high leverage also remains a risk for shareholders.

Analyst Ratings Changes

A number of research firms recently issued reports on ENR. Canaccord Genuity Group decreased their price objective on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. UBS Group upped their price target on Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised 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. Barclays lifted their price objective on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.00.

Energizer Stock Down 2.2%

Energizer stock opened at $21.38 on Thursday. The firm has a market capitalization of $1.46 billion, a PE ratio of 7.83 and a beta of 0.75. The company’s 50-day moving average is $20.28 and its 200-day moving average is $19.80. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03.

Energizer (NYSE:ENR) last issued its earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The company 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 firm’s revenue for the quarter 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. Sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.56 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.30 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.6%. Energizer’s dividend payout ratio (DPR) is presently 43.96%.

Insider Buying and Selling

In other news, major shareholder Aqua Capital, Ltd. acquired 81,609 shares of Energizer stock in a transaction on Wednesday, May 20th. The shares were purchased at an average cost of $16.18 per share, for a total transaction of $1,320,433.62. Following the completion of the purchase, the insider directly owned 7,106,824 shares of the company’s stock, valued at approximately $114,988,412.32. This represents a 1.16% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders bought a total of 538,681 shares of company stock valued at $10,406,791 over the last three months. 1.63% of the stock is owned by insiders.

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.