Gabelli Funds LLC Has $8.33 Million Position in Energizer Holdings, Inc. $ENR

Gabelli Funds LLC boosted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 16.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 412,954 shares of the company’s stock after purchasing an additional 58,263 shares during the quarter. Gabelli Funds LLC’s holdings in Energizer were worth $8,325,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Brandywine Global Investment Management LLC grew its stake in Energizer by 19.8% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 315,378 shares of the company’s stock valued at $6,358,000 after buying an additional 52,200 shares during the last quarter. Clarkston Capital Partners LLC boosted its holdings in Energizer by 13.9% during the second quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock valued at $96,554,000 after acquiring an additional 583,465 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Energizer in the second quarter valued at about $406,000. Edgestream Partners L.P. bought a new position in shares of Energizer in the second quarter worth about $5,825,000. Finally, US Bancorp DE increased its stake in shares of Energizer by 108.7% in the second quarter. US Bancorp DE now owns 37,527 shares of the company’s stock worth $757,000 after purchasing an additional 19,543 shares during the period. Institutional investors own 93.74% of the company’s stock.

Insider Transactions at Energizer

In other news, Director Donal L. Mulligan acquired 15,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average cost of $17.40 per share, with a total value of $261,000.00. Following the completion of the purchase, the director owned 25,000 shares of the company’s stock, valued at $435,000. This represents a 150.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Stephen Lavigne bought 10,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was purchased at an average price of $17.11 per share, with a total value of $171,100.00. Following the purchase, the chief executive officer directly owned 464,889 shares of the company’s stock, valued at $7,954,250.79. The trade was a 2.20% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 26,000 shares of company stock valued at $449,240 in the last quarter. 0.98% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ENR shares. JPMorgan Chase & Co. decreased their target price on Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, October 23rd. Zacks Research cut Energizer from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Energizer in a research report on Tuesday, October 14th. Morgan Stanley reduced their price target on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, November 19th. Finally, UBS Group reduced their price target on shares of Energizer from $26.00 to $19.00 and set a “neutral” rating for the company in a report on Monday. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus price target of $27.00.

Energizer Stock Down 1.6%

Shares of ENR opened at $17.92 on Tuesday. Energizer Holdings, Inc. has a 12 month low of $16.77 and a 12 month high of $38.33. The company has a quick ratio of 1.13, a current ratio of 2.11 and a debt-to-equity ratio of 20.06. The company has a 50-day moving average price of $22.34 and a two-hundred day moving average price of $23.90. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 5.40 and a beta of 0.63.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, November 18th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.07). Energizer had a return on equity of 161.50% and a net margin of 8.09%.The company had revenue of $832.80 million for the quarter, compared to the consensus estimate of $830.45 million. During the same quarter last year, the business earned $1.22 EPS. Energizer’s quarterly revenue was up 3.4% compared to the same quarter last year. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Equities analysts predict that Energizer Holdings, Inc. will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $1.20 annualized dividend and a dividend yield of 6.7%. Energizer’s dividend payout ratio is presently 36.14%.

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.