Brandywine Global Investment Management LLC Acquires 42,906 Shares of Energizer Holdings, Inc. $ENR

Key Points

• Brandywine Global Investment Management LLC has increased its holdings in Energizer Holdings, Inc. by 19.5%, now owning 263,178 shares valued at approximately $7.87 million.
• Several institutional investors have also raised their stakes in Energizer, with Vanguard Group Inc. and LSV Asset Management among those increasing their holdings during the first quarter of the year.
• Energizer Holdings recently reported an earnings per share of $1.13, significantly above the consensus estimate, with a revenue increase of 3.4% from the same quarter last year.

Brandywine Global Investment Management LLC lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 19.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 263,178 shares of the company's stock after purchasing an additional 42,906 shares during the quarter. Brandywine Global Investment Management LLC owned 0.36% of Energizer worth $7,874,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ENR. Caitong International Asset Management Co. Ltd raised its holdings 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 purchasing an additional 579 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Energizer by 2,837.5% in the 1st quarter. Russell Investments Group Ltd. now owns 59,426 shares of the company's stock worth $1,778,000 after acquiring an additional 57,403 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Energizer by 57.7% during the first quarter. HighTower Advisors LLC now owns 26,711 shares of the company's stock worth $799,000 after purchasing an additional 9,768 shares during the period. Public Sector Pension Investment Board lifted its holdings in shares of Energizer by 28.0% during the first quarter. Public Sector Pension Investment Board now owns 208,322 shares of the company's stock valued at $6,233,000 after purchasing an additional 45,570 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Energizer during the first quarter valued at $9,069,000. Institutional investors own 93.74% of the company's stock.

Energizer Stock Up 2.4%

NYSE ENR traded up $0.66 during trading on Friday, hitting $28.73. 187,828 shares of the company traded hands, compared to its average volume of 892,602. Energizer Holdings, Inc. has a 12 month low of $19.70 and a 12 month high of $39.51. The business has a fifty day simple moving average of $23.65 and a 200 day simple moving average of $26.05. The company has a market capitalization of $1.96 billion, a P/E ratio of 8.29 and a beta of 0.63. 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 issued its quarterly earnings data on Monday, August 4th. The company reported $1.13 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $692.67 million. During the same quarter in the prior year, the firm posted $0.79 EPS. The firm'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, sell-side analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ENR. JPMorgan Chase & Co. lifted 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. 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. UBS Group reaffirmed a "neutral" rating and issued a $29.00 target price (up previously from $23.00) on shares of Energizer in a research report on Tuesday, August 5th. Wall Street Zen raised Energizer from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, Canaccord Genuity Group decreased their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research report on Wednesday, May 7th. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock 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.