Jump Financial LLC Takes Position in Energizer Holdings, Inc. $ENR

Key Points

• Jump Financial LLC has acquired a new position in Energizer Holdings, Inc., purchasing 9,226 shares worth approximately $276,000 during the first quarter.
• The company reported a significant earnings beat with an EPS of $1.13, surpassing analysts' expectations by $0.52.
• Energizer has declared a quarterly dividend of $0.30 per share with a dividend yield of 4.2%, to be paid on September 10th.

Jump Financial LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 9,226 shares of the company's stock, valued at approximately $276,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENR. CX Institutional acquired a new stake in shares of Energizer in 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 valued at $33,000 after purchasing an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Energizer in the fourth quarter valued at approximately $43,000. Curat Global LLC acquired a new stake in shares of Energizer in the first quarter valued at approximately $53,000. Finally, Central Pacific Bank Trust Division raised its holdings in shares of 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 purchasing an additional 500 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ENR. Barclays boosted their target price on shares of Energizer from $24.00 to $27.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Truist Financial boosted their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. boosted their target price on shares of Energizer from $27.00 to $28.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. UBS Group restated a "neutral" rating and set a $29.00 target price (up from $23.00) on shares of Energizer in a report on Tuesday, August 5th. Finally, Wall Street Zen upgraded shares of Energizer from a "buy" rating to a "strong-buy" rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $31.43.

Energizer Stock Performance

ENR stock traded down $0.26 during midday trading on Tuesday, reaching $28.42. 88,371 shares of the company were exchanged, compared to its average volume of 878,853. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. The business has a 50-day moving average price of $25.54 and a two-hundred day moving average price of $25.68. Energizer Holdings, Inc. has a one year low of $19.70 and a one year high of $39.51. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 8.18 and a beta of 0.69.

Energizer (NYSE:ENR - Get Free Report) last released 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. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The firm had revenue of $725.30 million during the quarter, compared to analysts' expectations of $692.67 million. During the same period in the previous year, the business posted $0.79 earnings per share. The company'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. Equities research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, August 21st. Energizer's payout ratio 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.