Amundi Raises Holdings in Energizer Holdings, Inc. $ENR

Key Points

• Amundi significantly increased its stake in Energizer Holdings, Inc. by 512.3% during the first quarter, now owning 311,795 shares valued at $9,151,000.
• Energizer reported a strong financial performance for the quarter, with EPS of $1.13, beating estimates by $0.52 and a year-over-year revenue growth of 3.4%.
• The company announced a quarterly dividend of $0.30 per share, with a dividend yield of 4.2%, to be paid on September 10th.

Amundi lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 512.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,795 shares of the company's stock after purchasing an additional 260,869 shares during the quarter. Amundi owned 0.43% of Energizer worth $9,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. CX Institutional purchased a new position in shares of Energizer in the first quarter worth $33,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Energizer by 108.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock worth $33,000 after purchasing an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Energizer in the fourth quarter worth $43,000. Curat Global LLC purchased a new position in shares of Energizer in the first quarter worth $53,000. Finally, Central Pacific Bank Trust Division raised its stake in shares of Energizer by 29.4% in the first quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock worth $66,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 93.74% of the company's stock.

Energizer Trading Down 0.5%

Shares of Energizer stock opened at $28.53 on Wednesday. The company's fifty day simple moving average is $25.69 and its 200-day simple moving average is $25.70. The stock has a market capitalization of $1.95 billion, a PE ratio of 8.22 and a beta of 0.69. Energizer Holdings, Inc. has a 1-year low of $19.70 and a 1-year high of $39.51. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84.

Energizer (NYSE:ENR - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.52. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $692.67 million. During the same quarter in the previous year, the company posted $0.79 earnings per share. Energizer's revenue for the quarter was up 3.4% on a year-over-year basis. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. As a group, equities analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.2%. Energizer's dividend payout ratio is 34.58%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ENR. Truist Financial boosted their price target on Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. boosted their target price on shares of Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Wall Street Zen upgraded shares of Energizer from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. UBS Group reiterated a "neutral" rating and set a $29.00 target price (up from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. Finally, Barclays boosted their target price on shares of Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $31.43.

About Energizer

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.

Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings, Inc. (NYSE:ENR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.