Sterneck Capital Management LLC Makes New $349,000 Investment in Energizer Holdings, Inc. $ENR

Key Points

• Sterneck Capital Management LLC has made a new investment in Energizer Holdings, purchasing 17,307 shares valued at approximately $349,000.
• Energizer reported $1.13 earnings per share for the last quarter, significantly surpassing the expected $0.61 and marking a 3.4% revenue growth year-over-year.
• The company has announced a quarterly dividend of $0.30 per share, representing an annualized yield of 4.6%.

Sterneck Capital Management LLC purchased a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,307 shares of the company's stock, valued at approximately $349,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ENR. CX Institutional bought a new position in shares of Energizer during the first quarter valued at $33,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Energizer by 108.4% during 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 in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Energizer during the fourth quarter valued at $43,000. GAMMA Investing LLC lifted its holdings in shares of Energizer by 306.8% during the second quarter. GAMMA Investing LLC now owns 2,563 shares of the company's stock valued at $52,000 after purchasing an additional 1,933 shares in the last quarter. Finally, Curat Global LLC bought a new position in shares of Energizer during the first quarter valued at $53,000. 93.74% of the stock is owned by institutional investors.

Energizer Stock Up 0.6%

NYSE ENR opened at $25.98 on Friday. Energizer Holdings, Inc. has a 52 week low of $19.70 and a 52 week high of $39.51. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. The company has a market capitalization of $1.77 billion, a P/E ratio of 7.49 and a beta of 0.69. The stock's 50-day moving average price is $27.28 and its 200-day moving average price is $25.50.

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

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Thursday, August 21st were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 annualized dividend and a yield of 4.6%. Energizer's dividend payout ratio is currently 34.58%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ENR. UBS Group reaffirmed a "neutral" rating and set a $29.00 price target (up from $23.00) on shares of Energizer in a report on Tuesday, August 5th. JPMorgan Chase & Co. upped their price target on Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Wall Street Zen cut Energizer from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 13th. Barclays upped their price target on shares of Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Finally, Truist Financial raised their price objective on shares of Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $31.43.

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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