Inspire Investing LLC Decreases Stock Holdings in Energizer Holdings, Inc. $ENR

Key Points

• Inspire Investing LLC has significantly reduced its stake in Energizer Holdings, Inc. by 66.9%, selling 23,197 shares and now holding only 11,495 shares valued at approximately $344,000.
• Several institutional investors have recently adjusted their positions in Energizer, with Caitong International Asset Management Co. notably increasing its stake by 108.4% during the first quarter.
• After reporting quarterly earnings that exceeded expectations, Energizer's stock has received varied ratings from analysts, with a current consensus rating of "Hold" and a price target of $31.43.

Inspire Investing LLC lowered its stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 66.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,495 shares of the company's stock after selling 23,197 shares during the quarter. Inspire Investing LLC's holdings in Energizer were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CX Institutional bought a new position in shares of Energizer in the first quarter worth approximately $33,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Energizer by 108.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock valued at $33,000 after acquiring an additional 579 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Energizer in the fourth quarter valued at $43,000. Curat Global LLC purchased a new position in Energizer in the 1st quarter worth about $53,000. Finally, Central Pacific Bank Trust Division increased its position in Energizer by 29.4% during the 1st quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock valued at $66,000 after purchasing an additional 500 shares during the period. Institutional investors own 93.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ENR shares. Wall Street Zen downgraded shares of Energizer from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Truist Financial boosted their price target on shares of Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Barclays upped their price objective on shares of Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. UBS Group reaffirmed a "neutral" rating and issued a $29.00 target price (up previously from $23.00) on shares of Energizer in a research report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of Energizer from $27.00 to $28.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Energizer currently has a consensus rating of "Hold" and a consensus price target of $31.43.

Energizer Trading Up 0.4%

Energizer stock opened at $29.66 on Tuesday. The stock has a market cap of $2.02 billion, a PE ratio of 8.55 and a beta of 0.69. The stock has a 50-day moving average price of $26.31 and a 200 day moving average price of $25.62. Energizer Holdings, Inc. has a 52 week low of $19.70 and a 52 week high of $39.51. The company has a current ratio of 1.78, a quick ratio of 0.84 and a debt-to-equity ratio of 17.57.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.52. The firm had revenue of $725.30 million during the quarter, compared to analysts' expectations of $692.67 million. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The firm'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 EPS. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. Equities research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, August 21st. Energizer's payout ratio is currently 34.58%.

Energizer 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.

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