American Century Companies Inc. Increases Position in Energizer Holdings, Inc. $ENR

Key Points

• American Century Companies Inc. increased its stake in Energizer Holdings, Inc. by 11.9%, owning 164,387 shares worth approximately $4.9 million at the end of the first quarter.
• Energizer announced a quarterly dividend of $0.30, which translates to an annual yield of 4.4%, with the payment date set for September 10th.
• The company reported a quarterly earnings per share (EPS) of $1.13, significantly exceeding the consensus estimate, and generated revenues of $725.3 million, surpassing analyst expectations.

American Century Companies Inc. boosted its holdings in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 11.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,387 shares of the company's stock after acquiring an additional 17,538 shares during the quarter. American Century Companies Inc. owned 0.23% of Energizer worth $4,919,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in shares of Energizer by 1.5% during the 1st quarter. Principal Financial Group Inc. now owns 907,826 shares of the company's stock valued at $27,162,000 after buying an additional 13,453 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of Energizer by 17.7% during the 4th quarter. Nuveen Asset Management LLC now owns 303,549 shares of the company's stock valued at $10,591,000 after buying an additional 45,638 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Energizer during the 4th quarter valued at $4,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Energizer by 18.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,876 shares of the company's stock valued at $5,718,000 after buying an additional 25,105 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Energizer by 2,354.4% during the 1st quarter. GAMMA Investing LLC now owns 18,850 shares of the company's stock valued at $564,000 after buying an additional 18,082 shares during the period. 93.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ENR shares. UBS Group restated a "neutral" rating and issued a $29.00 price objective (up from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. Wall Street Zen upgraded Energizer from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Canaccord Genuity Group reduced their price objective on Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. JPMorgan Chase & Co. upped their price objective on Energizer from $27.00 to $28.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Finally, Barclays upped their price objective on Energizer from $24.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. One equities research 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 currently has a consensus rating of "Hold" and an average price target of $31.43.

Energizer Price Performance

Shares of Energizer stock traded up $0.27 during trading on Thursday, reaching $28.66. 647,902 shares of the stock traded hands, compared to its average volume of 761,547. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 8.26 and a beta of 0.69. The business has a fifty day simple moving average of $25.20 and a two-hundred day simple moving average of $25.79. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. Energizer Holdings, Inc. has a 52-week low of $19.70 and a 52-week high of $39.51.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.52. The firm had revenue of $725.30 million during the quarter, compared to analyst estimates of $692.67 million. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 earnings per share. 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 year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st will be paid 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 payout ratio is currently 34.58%.

Energizer Company Profile

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.