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

Several other institutional investors have also added to or reduced their stakes in ENR. CX Institutional purchased a new stake in Energizer during the 1st quarter valued at $33,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Energizer by 108.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock worth $33,000 after buying an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Energizer in the 4th quarter worth $43,000. Curat Global LLC purchased a new position in shares of Energizer in the 1st quarter worth $53,000. Finally, Central Pacific Bank Trust Division boosted its stake in shares of Energizer by 29.4% in the 1st quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock worth $66,000 after buying an additional 500 shares during the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Price Performance

NYSE:ENR traded up $0.12 on Monday, reaching $29.66. 800,012 shares of the company's stock traded hands, compared to its average volume of 686,544. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. The stock has a 50-day simple moving average of $26.31 and a 200-day simple moving average of $25.62. The firm has a market cap of $2.02 billion, a PE ratio of 8.55 and a beta of 0.69. Energizer Holdings, Inc. has a 12 month low of $19.70 and a 12 month high of $39.51.

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

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Energizer's dividend payout ratio (DPR) is currently 34.58%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded Energizer from a "strong-buy" rating to a "buy" rating in a research note on Saturday. UBS Group restated a "neutral" rating and issued a $29.00 price target (up from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. JPMorgan Chase & Co. raised their price target on Energizer from $27.00 to $28.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Truist Financial raised 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. Finally, Barclays raised their price target on Energizer from $24.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $31.43.

Energizer Company Profile

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.