303,101 Shares in Energizer Holdings, Inc. $ENR Purchased by Nuveen LLC

Key Points

• Nuveen LLC acquired a new position in Energizer Holdings, purchasing approximately 303,101 shares valued at $9,069,000 during the first quarter, representing about 0.42% of the company.
• Energizer reported $1.13 EPS for the last quarter, significantly exceeding the expected $0.61, with year-over-year revenue growth of 3.4%.
• The company announced a quarterly dividend of $0.30 per share, which translates to an annual yield of 4.2%, with a payout ratio of 34.58%.

Nuveen LLC acquired a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 303,101 shares of the company's stock, valued at approximately $9,069,000. Nuveen LLC owned 0.42% of Energizer as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. CX Institutional bought a new stake in Energizer in the 1st quarter valued at about $33,000. Public Employees Retirement System of Ohio acquired a new position in shares of Energizer in the 4th quarter valued at approximately $43,000. Curat Global LLC acquired a new position in Energizer during the 1st quarter worth approximately $53,000. Russell Investments Group Ltd. increased its position in Energizer by 21.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company's stock worth $71,000 after purchasing an additional 360 shares in the last quarter. 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 worth $66,000 after purchasing an additional 500 shares in the last quarter. Institutional investors own 93.74% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. UBS Group reissued 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. Wall Street Zen raised shares of Energizer from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Canaccord Genuity Group reduced their target price on shares of Energizer from $31.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, May 7th. Barclays increased their target price on shares of Energizer from $24.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Finally, Truist Financial increased their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $31.43.

Energizer Price Performance

Shares of ENR stock traded up $0.22 during trading hours on Friday, hitting $27.53. 806,187 shares of the company's stock were exchanged, compared to its average volume of 1,120,145. 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 Holdings, Inc. has a 12-month low of $19.70 and a 12-month high of $39.51. The business's 50 day simple moving average is $24.56 and its 200-day simple moving average is $25.88. The company has a market capitalization of $1.88 billion, a PE ratio of 7.93 and a beta of 0.63.

Energizer (NYSE:ENR - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $0.61 by $0.52. The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, equities research analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Thursday, August 21st will be paid a $0.30 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.4%. 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.