GSA Capital Partners LLP Takes Position in Energizer Holdings, Inc. $ENR

Key Points

• GSA Capital Partners initiated a 57,387-share position in Energizer Holdings valued at approximately $1.23 million, while institutional investors collectively own 93.74% of the company.
• Analysts remain cautious: six rate ENR Hold and one Sell, producing an average “Reduce” rating and an average price target of $21.83.
• Energizer reported quarterly EPS of $0.75, below the $0.83 consensus estimate, though revenue rose 1.2% year over year to $734.1 million. The company declared a $0.30 quarterly dividend, equivalent to a 5.3% annualized yield.

GSA Capital Partners LLP bought a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 57,387 shares of the company's stock, valued at approximately $1,230,000. GSA Capital Partners LLP owned about 0.08% of Energizer at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ENR. Northwestern Mutual Wealth Management Co. acquired a new stake in Energizer in the 3rd quarter worth about $47,000. PNC Financial Services Group Inc. increased its stake in shares of Energizer by 51.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company's stock valued at $31,000 after acquiring an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Energizer by 148.1% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company's stock worth $41,000 after acquiring an additional 1,240 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Energizer by 25.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company's stock worth $49,000 after acquiring an additional 503 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Energizer by 70.5% in the second quarter. GAMMA Investing LLC now owns 2,898 shares of the company's stock worth $62,000 after acquiring an additional 1,198 shares during the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ENR shares. Barclays boosted their target price on shares of Energizer from $18.00 to $19.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. lifted their price target on shares of Energizer from $19.00 to $22.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. UBS Group boosted their price objective on shares of Energizer from $21.00 to $23.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Morgan Stanley restated a "negative" rating and set a $21.00 price objective on shares of Energizer in a report on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Energizer in a research report on Wednesday, June 24th. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $21.83.

Insiders Place Their Bets

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average cost of $20.25 per share, for a total transaction of $1,215,000.00. Following the acquisition, the insider owned 7,940,000 shares in the company, valued at approximately $160,785,000. This trade represents a 0.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have acquired 538,681 shares of company stock worth $10,406,791. 1.63% of the stock is currently owned by corporate insiders.

Energizer Trading Down 1.4%

NYSE ENR opened at $22.45 on Tuesday. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 19.03 and a beta of 0.75. 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 one year low of $15.75 and a one year high of $30.29. The company's 50 day moving average price is $21.20 and its 200 day moving average price is $19.91.

Energizer (NYSE:ENR - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.08). Energizer had a return on equity of 122.63% and a net margin of 2.73%.The business had revenue of $734.10 million for the quarter, compared to analysts' expectations of $720.29 million. During the same quarter in the prior year, the firm earned $2.13 earnings per share. Energizer's quarterly revenue was up 1.2% compared to the same quarter last year. 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, sell-side analysts predict that Energizer Holdings, Inc. will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer's dividend payout ratio is 101.69%.

Energizer Profile

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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