Petrus Trust Company LTA Invests $316,000 in Energizer Holdings, Inc. $ENR

Key Points

• Petrus Trust Company LTA invested $316,000 in Energizer Holdings, Inc. by purchasing 10,554 shares during the first quarter.
• Energizer reported a quarterly earnings of $1.13 per share, significantly exceeding the consensus estimate of $0.61, with revenue of $725.30 million for the quarter.
• The company announced a quarterly dividend of $0.30 per share, representing an annualized dividend yield of 4.2%.

Petrus Trust Company LTA purchased a new stake in Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,554 shares of the company's stock, valued at approximately $316,000.

Other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its position in shares of Energizer by 108.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company's stock valued at $33,000 after buying an additional 579 shares during the last quarter. CX Institutional bought a new stake in shares of Energizer in the 1st quarter valued at about $33,000. Public Employees Retirement System of Ohio bought a new stake in shares of Energizer during the 4th quarter valued at about $43,000. Curat Global LLC bought a new stake in shares of Energizer during the 1st quarter valued at about $53,000. Finally, Central Pacific Bank Trust Division boosted its position in shares of Energizer by 29.4% during the 1st 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 in the last quarter. Institutional investors own 93.74% of the company's stock.

Wall Street Analysts Forecast Growth

ENR has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their target price on Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Truist Financial upped their target price on Energizer from $30.00 to $35.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Barclays upped their target price on Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. UBS Group restated a "neutral" rating and set a $29.00 target price (up previously from $23.00) on shares of Energizer in a research report on Tuesday, August 5th. Finally, Wall Street Zen lowered Energizer from a "strong-buy" rating to a "buy" rating in a research report on Saturday. One investment analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $31.43.

Energizer Stock Up 1.1%

ENR stock traded up $0.31 during trading on Friday, reaching $29.53. 779,361 shares of the stock were exchanged, compared to its average volume of 686,544. The firm's 50 day moving average is $26.14 and its 200 day moving average is $25.63. Energizer Holdings, Inc. has a twelve month low of $19.70 and a twelve month high of $39.51. 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 $2.02 billion, a P/E ratio of 8.51 and a beta of 0.69.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported $1.13 earnings per share for the quarter, topping 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 business had revenue of $725.30 million for the quarter, compared to the consensus estimate of $692.67 million. During the same period in the prior year, the business earned $0.79 EPS. The firm's revenue for the quarter 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. As a group, research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Energizer's dividend payout ratio is 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.