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

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Caitong International Asset Management Co. Ltd lifted its stake in Energizer by 108.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock worth $33,000 after purchasing an additional 579 shares in the last quarter. CX Institutional purchased a new position in shares of Energizer in the first quarter worth $33,000. Public Employees Retirement System of Ohio purchased a new position in shares of Energizer during 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 grew its position in Energizer by 29.4% during 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 during the period. Hedge funds and other institutional investors own 93.74% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ENR shares. 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 price target 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. Wall Street Zen raised shares of Energizer from a "buy" rating to a "strong-buy" rating in a research note on Friday. Truist Financial increased their price objective on shares of Energizer from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Finally, UBS Group reissued 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. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Energizer currently has an average rating of "Hold" and an average price target of $31.43.

Energizer Stock Performance

Energizer stock traded down $0.44 during mid-day trading on Monday, reaching $28.34. The company's stock had a trading volume of 281,592 shares, compared to its average volume of 880,476. The business has a 50 day moving average price of $25.37 and a 200-day moving average price of $25.70. The company has a current ratio of 1.78, a quick ratio of 0.84 and a debt-to-equity ratio of 17.57. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 8.15 and a beta of 0.69. Energizer Holdings, Inc. has a twelve month low of $19.70 and a twelve month high of $39.51.

Energizer (NYSE:ENR - Get Free Report) last issued its earnings results 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. Energizer had a return on equity of 181.90% and a net margin of 8.60%.The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $692.67 million. During the same quarter in the prior year, the company earned $0.79 EPS. The firm's quarterly revenue was up 3.4% on a year-over-year basis. 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 predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Announces Dividend

The company 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. The ex-dividend date is Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. Energizer's dividend payout ratio is presently 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.