Arete Wealth Advisors LLC Buys Shares of 11,001 Energizer Holdings, Inc. $ENR

Key Points

• Arete Wealth Advisors LLC has acquired a new stake in Energizer Holdings, buying 11,001 shares valued at approximately $329,000 in the first quarter.
• Multiple institutional investors, including Vanguard Group and LSV Asset Management, have increased their holdings in Energizer during the same period, reflecting strong institutional interest.
• Energizer reported $1.13 earnings per share for the last quarter, significantly exceeding analysts' expectations of $0.61, with a year-over-year revenue increase of 3.4% to $725.30 million.

Arete Wealth Advisors LLC acquired a new position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,001 shares of the company's stock, valued at approximately $329,000.

Other institutional investors have also recently made changes to their positions in the company. CX Institutional acquired a new stake in shares of Energizer in the first quarter worth approximately $33,000. Caitong International Asset Management Co. Ltd increased its stake in Energizer by 108.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock worth $33,000 after acquiring an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Energizer during the fourth quarter worth $43,000. Curat Global LLC acquired a new position in shares of Energizer in the 1st quarter worth approximately $53,000. Finally, Central Pacific Bank Trust Division lifted its holdings 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 acquiring an additional 500 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Energizer Stock Down 1.2%

NYSE:ENR traded down $0.37 during trading hours on Tuesday, hitting $29.29. The stock had a trading volume of 134,469 shares, compared to its average volume of 874,227. The company has a current ratio of 1.78, a quick ratio of 0.84 and a debt-to-equity ratio of 17.57. Energizer Holdings, Inc. has a 1-year low of $19.70 and a 1-year high of $39.51. The business has a 50 day simple moving average of $26.31 and a two-hundred day simple moving average of $25.62. The company has a market cap of $2.00 billion, a PE ratio of 8.44 and a beta of 0.69.

Energizer (NYSE:ENR - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $1.13 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $692.67 million. During the same quarter in the previous year, the firm posted $0.79 earnings per share. The company's revenue was up 3.4% compared to the same quarter last year. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. Analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed 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. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, August 21st. Energizer's dividend payout ratio (DPR) is currently 34.58%.

Analysts Set New Price Targets

ENR has been the subject of a number of recent research reports. Wall Street Zen cut Energizer from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Barclays boosted their price target on shares of Energizer from $24.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Truist Financial boosted their price target on shares of 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. raised their target price on Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Finally, UBS Group restated a "neutral" rating and issued a $29.00 price target (up previously from $23.00) on shares of Energizer in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Energizer presently has a consensus rating of "Hold" and a consensus target price 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.