North Star Investment Management Corp. Acquires 26,000 Shares of Energizer Holdings, Inc. $ENR

Key Points

• North Star Investment Management Corp. increased its stake in Energizer Holdings by 28.7% in Q2, acquiring an additional 26,000 shares, leading to a total holding of 116,600 shares valued at approximately $2.35 million.
• Numerous institutional investors, including Fuller & Thaler Asset Management and Amundi, significantly boosted their stakes in Energizer during Q1, reflecting heightened investor interest.
• Analyst price targets for Energizer have been adjusted upwards, with Barclays and Truist Financial raising their targets to $27.00 and $35.00 respectively, amid a consensus rating of "Hold."

North Star Investment Management Corp. raised its position in Energizer Holdings, Inc. (NYSE:ENR - Free Report) by 28.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,600 shares of the company's stock after acquiring an additional 26,000 shares during the period. North Star Investment Management Corp. owned approximately 0.16% of Energizer worth $2,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ENR. Fuller & Thaler Asset Management Inc. boosted its stake in Energizer by 58.8% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company's stock valued at $62,658,000 after acquiring an additional 775,221 shares in the last quarter. LSV Asset Management boosted its stake in Energizer by 28.4% in the first quarter. LSV Asset Management now owns 2,327,824 shares of the company's stock valued at $69,648,000 after acquiring an additional 515,124 shares in the last quarter. Nuveen LLC acquired a new stake in Energizer in the first quarter valued at approximately $9,069,000. Amundi boosted its stake in Energizer by 512.3% in the first quarter. Amundi now owns 311,795 shares of the company's stock valued at $9,151,000 after acquiring an additional 260,869 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Energizer by 1.8% in the first quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company's stock valued at $281,906,000 after acquiring an additional 170,017 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ENR. Barclays raised their price target 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 raised 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. UBS Group reaffirmed a "neutral" rating and issued a $29.00 price target (up previously from $23.00) on shares of Energizer in a report on Tuesday, August 5th. JPMorgan Chase & Co. raised their price target on shares of Energizer from $27.00 to $28.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Finally, Wall Street Zen cut shares of Energizer from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 13th. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Energizer has an average rating of "Hold" and a consensus target price of $31.43.

Energizer Stock Up 1.4%

ENR stock opened at $26.51 on Thursday. The firm has a market cap of $1.81 billion, a PE ratio of 7.64 and a beta of 0.69. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78. The firm's fifty day moving average is $27.16 and its 200 day moving average is $25.59. Energizer Holdings, Inc. has a one year low of $19.70 and a one year high of $39.51.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.52. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The business had revenue of $725.30 million for the quarter, compared to analyst estimates of $692.67 million. During the same quarter last year, the business earned $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. On average, research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st were given a $0.30 dividend. The ex-dividend date was Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. Energizer's dividend payout ratio (DPR) is 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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