Armistice Capital LLC Has $33.75 Million Stock Position in Energizer Holdings, Inc. $ENR

Key Points

• Armistice Capital LLC increased its holdings in Energizer Holdings, Inc. by 14.0%, owning approximately 1.56% of the company valued at $33.75 million after buying an additional 138,718 shares in the first quarter.
• Energizer reported a net margin of 8.60% and earnings per share of $1.13 for the quarter, significantly above analyst expectations.
• The company announced a quarterly dividend of $0.30 per share, which translates to a 4.4% dividend yield, with a payment scheduled for September 10th.

Armistice Capital LLC boosted its stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 14.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,128,144 shares of the company's stock after buying an additional 138,718 shares during the period. Armistice Capital LLC owned 1.56% of Energizer worth $33,754,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in Energizer by 1.5% in the first quarter. Principal Financial Group Inc. now owns 907,826 shares of the company's stock worth $27,162,000 after buying an additional 13,453 shares during the period. Nuveen Asset Management LLC increased its position in Energizer by 17.7% in the fourth quarter. Nuveen Asset Management LLC now owns 303,549 shares of the company's stock worth $10,591,000 after buying an additional 45,638 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Energizer in the fourth quarter worth $4,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Energizer by 18.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,876 shares of the company's stock worth $5,718,000 after purchasing an additional 25,105 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Energizer by 2,354.4% in the first quarter. GAMMA Investing LLC now owns 18,850 shares of the company's stock worth $564,000 after purchasing an additional 18,082 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Energizer Price Performance

ENR stock traded up $0.27 during trading hours on Thursday, hitting $28.66. 647,888 shares of the stock traded hands, compared to its average volume of 883,841. The stock has a 50-day simple moving average of $25.03 and a 200 day simple moving average of $25.81. Energizer Holdings, Inc. has a one year low of $19.70 and a one year high of $39.51. The company has a market cap of $1.96 billion, a P/E ratio of 8.26 and a beta of 0.69. 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 (NYSE:ENR - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.13 earnings per share 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 analysts' expectations of $692.67 million. During the same quarter last year, the business posted $0.79 earnings per share. The company's quarterly revenue 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. Equities analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Thursday, August 21st will be given a $0.30 dividend. The ex-dividend date 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 (DPR) is 34.58%.

Analyst Ratings Changes

Several research firms have recently issued reports on ENR. UBS Group reissued a "neutral" rating and issued a $29.00 price target (up previously from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. JPMorgan Chase & Co. increased 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. Canaccord Genuity Group decreased their price target on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. Truist Financial increased 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, Wall Street Zen raised Energizer from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, Energizer presently has a consensus rating of "Hold" and a consensus price target 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.