HighTower Advisors LLC Has $799,000 Holdings in Energizer Holdings, Inc. $ENR

Key Points

• HighTower Advisors LLC increased its stake in Energizer Holdings, Inc. by 57.7% in Q1, owning 26,711 shares valued at approximately $799,000 by the end of the quarter.
• Canaccord Genuity lowered its price target on Energizer from $31.00 to $27.00 while other analysts have set varied ratings, with the average target price currently at $31.43.
• Energizer recently declared a quarterly dividend of $0.30 per share, corresponding to an annualized dividend yield of 4.3%.

HighTower Advisors LLC raised its position in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 57.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,711 shares of the company's stock after purchasing an additional 9,768 shares during the period. HighTower Advisors LLC's holdings in Energizer were worth $799,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENR. CX Institutional purchased a new stake in shares of Energizer during the 1st quarter worth about $33,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Energizer during the 4th quarter worth about $43,000. Curat Global LLC purchased a new stake in shares of Energizer during the 1st quarter worth about $53,000. Central Pacific Bank Trust Division raised its stake in shares of Energizer by 29.4% during the 1st quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock worth $66,000 after purchasing an additional 500 shares in the last quarter. Finally, Quarry LP raised its stake in shares of Energizer by 189.1% during the 4th quarter. Quarry LP now owns 3,567 shares of the company's stock worth $124,000 after purchasing an additional 2,333 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ENR shares. Truist Financial raised 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. Canaccord Genuity Group lowered their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, May 7th. UBS Group reissued a "neutral" rating and set a $29.00 price objective (up previously from $23.00) on shares of Energizer in a report on Tuesday, August 5th. JPMorgan Chase & Co. increased their price objective on Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Finally, Wall Street Zen raised Energizer from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Energizer has an average rating of "Hold" and an average target price of $31.43.

Energizer Stock Performance

Shares of NYSE:ENR traded up $0.76 during trading on Tuesday, hitting $28.32. 851,145 shares of the stock were exchanged, compared to its average volume of 892,328. Energizer Holdings, Inc. has a 1-year low of $19.70 and a 1-year high of $39.51. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 8.16 and a beta of 0.69. The company's fifty day simple moving average is $24.86 and its 200-day simple moving average is $25.79. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78.

Energizer (NYSE:ENR - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $1.13 earnings per share 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 company had revenue of $725.30 million for the quarter, compared to analyst estimates of $692.67 million. During the same quarter last year, the firm earned $0.79 EPS. Energizer's revenue for the quarter 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. Sell-side analysts expect that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

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

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.