Deutsche Bank AG Invests $1.59 Million in Energizer Holdings, Inc. $ENR

Deutsche Bank AG acquired a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 74,323 shares of the company's stock, valued at approximately $1,593,000. Deutsche Bank AG owned about 0.11% of Energizer at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ENR. Northwestern Mutual Wealth Management Co. grew its position in Energizer by 148,623.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company's stock valued at $55,583,000 after acquiring an additional 2,792,643 shares during the last quarter. Armistice Capital LLC purchased a new stake in shares of Energizer in the 4th quarter valued at $20,606,000. Bank of New York Mellon Corp bought a new position in shares of Energizer during the 2nd quarter valued at $22,040,000. Janus Henderson Group PLC grew its holdings in shares of Energizer by 1,561.6% during the 1st quarter. Janus Henderson Group PLC now owns 453,952 shares of the company's stock valued at $7,454,000 after purchasing an additional 426,632 shares during the last quarter. Finally, MAC Alpha Capital Management LP purchased a new position in Energizer in the 4th quarter worth $8,330,000. Institutional investors own 93.74% of the company's stock.

Insider Activity

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the firm's stock in a transaction that occurred on Monday, July 20th. The stock was bought at an average cost of $20.02 per share, with a total value of $1,201,200.00. Following the completion of the purchase, the insider directly owned 7,820,000 shares in the company, valued at approximately $156,556,400. This represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought a total of 413,692 shares of company stock worth $8,357,139 in the last 90 days. 1.63% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have issued reports on ENR shares. JPMorgan Chase & Co. upped their price target on shares of Energizer from $19.00 to $22.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Weiss Ratings reissued a "hold (c-)" rating on shares of Energizer in a research note on Wednesday, June 24th. Barclays boosted their price objective on Energizer from $18.00 to $19.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. Morgan Stanley reissued a "negative" rating and set a $21.00 price objective on shares of Energizer in a research note on Tuesday, August 4th. Finally, Canaccord Genuity Group set a $18.00 target price on shares of Energizer in a report on Wednesday, August 5th. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Energizer has a consensus rating of "Reduce" and a consensus target price of $21.83.

Energizer Price Performance

Shares of ENR stock opened at $22.40 on Friday. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29. The firm has a market cap of $1.53 billion, a P/E ratio of 18.98 and a beta of 0.75. The business's 50 day moving average price is $21.47 and its 200-day moving average price is $19.89.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.83 by ($0.08). The business had revenue of $734.10 million for the quarter, compared to the consensus estimate of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. Energizer's revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.13 EPS. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post 3.31 earnings per share for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.4%. Energizer's payout ratio is presently 101.69%.

About Energizer

Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company's primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.

Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.

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