Inspire Investing LLC Sells 23,197 Shares of 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 position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 66.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,495 shares of the company's stock after selling 23,197 shares during the period. Inspire Investing LLC's holdings in Energizer were worth $344,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. CX Institutional bought a new position in shares of Energizer during the first quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd raised its holdings 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 worth $33,000 after buying an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Energizer in the fourth quarter worth $43,000. Curat Global LLC purchased a new position in shares of Energizer during the first quarter worth $53,000. Finally, Central Pacific Bank Trust Division increased its holdings in Energizer by 29.4% in the first quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock valued at $66,000 after buying an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company's stock.

Energizer Trading Down 2.4%

Shares of ENR traded down $0.70 during mid-day trading on Friday, hitting $28.83. The company had a trading volume of 2,432,439 shares, compared to its average volume of 702,014. The business's 50-day simple moving average is $26.86 and its 200-day simple moving average is $25.66. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. Energizer Holdings, Inc. has a 1-year low of $19.70 and a 1-year high of $39.51. The stock has a market cap of $1.97 billion, a PE ratio of 8.31 and a beta of 0.69.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.52. The company had revenue of $725.30 million for the quarter, compared to analyst estimates of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The business's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm 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 forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

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

Analyst Upgrades and Downgrades

ENR has been the topic of several research analyst reports. UBS Group reiterated 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. Truist Financial boosted their target price on shares of Energizer from $30.00 to $35.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Barclays boosted their price target on shares of Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. 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. Finally, Wall Street Zen downgraded shares of Energizer from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 13th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $31.43.

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.