Charles Schwab Investment Management Inc. Purchases 37,678 Shares of Energizer Holdings, Inc. $ENR

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Energizer Holdings, Inc. by 3.9%, owning about 1.39% of the company valued at approximately $30 million.
• Several other institutional investors, including Principal Financial Group and Nuveen Asset Management, have also made significant changes to their holdings in Energizer, contributing to a collective ownership of 93.74% of the company's stock.
• Energizer reported an earnings per share of $1.13, beating estimates, and has announced a quarterly dividend of $0.30 to be paid on September 10th, yielding 4.2% annually.

Charles Schwab Investment Management Inc. lifted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 3.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,002,988 shares of the company's stock after acquiring an additional 37,678 shares during the period. Charles Schwab Investment Management Inc. owned 1.39% of Energizer worth $30,009,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Russell Investments Group Ltd. lifted its position in shares of Energizer by 21.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock valued at $71,000 after acquiring an additional 360 shares during the period. OneDigital Investment Advisors LLC lifted its position in shares of Energizer by 2.3% during the 4th quarter. OneDigital Investment Advisors LLC now owns 16,935 shares of the company's stock valued at $591,000 after acquiring an additional 386 shares during the period. Bank of Montreal Can lifted its position in shares of Energizer by 4.1% during the 4th quarter. Bank of Montreal Can now owns 11,978 shares of the company's stock valued at $418,000 after acquiring an additional 470 shares during the period. Vestcor Inc lifted its position in shares of Energizer by 3.7% during the 1st quarter. Vestcor Inc now owns 13,448 shares of the company's stock valued at $402,000 after acquiring an additional 475 shares during the period. Finally, Summit Investment Advisors Inc. lifted its position in shares of Energizer by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 7,522 shares of the company's stock valued at $262,000 after acquiring an additional 477 shares during the period. Institutional investors and hedge funds own 93.74% of the company's stock.

Energizer Stock Down 2.2%

Shares of NYSE ENR traded down $0.6370 during trading on Monday, hitting $28.0030. The stock had a trading volume of 667,071 shares, compared to its average volume of 1,196,355. Energizer Holdings, Inc. has a 12 month low of $19.70 and a 12 month 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. The company has a market capitalization of $1.91 billion, a PE ratio of 8.07 and a beta of 0.63. The firm has a fifty day moving average of $23.95 and a two-hundred day moving average of $25.90.

Energizer (NYSE:ENR - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.52. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The firm had revenue of $725.30 million during the quarter, compared to analyst estimates of $692.67 million. During the same quarter in the prior year, the business posted $0.79 EPS. The business'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. As a group, equities research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced 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 is Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.3%. Energizer's dividend payout ratio is presently 34.58%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Energizer from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Canaccord Genuity Group decreased their price target on shares of Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. Barclays boosted their price target 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. JPMorgan Chase & Co. boosted their price target 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. Finally, UBS Group restated a "neutral" rating and set a $29.00 price target (up previously from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average 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.