Gabelli Funds LLC grew its position in Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 5.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 532,000 shares of the company’s stock after buying an additional 26,500 shares during the quarter. Gabelli Funds LLC owned 0.78% of Energizer worth $8,735,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in Energizer by 20.0% during the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after acquiring an additional 18,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Energizer by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after purchasing an additional 1,857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Energizer by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock worth $5,299,000 after purchasing an additional 13,216 shares during the period. Norges Bank purchased a new position in Energizer during the second quarter valued at approximately $387,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Energizer in the 2nd quarter valued at $586,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.
Insider Activity
In related news, major shareholder Aqua Capital, Ltd. acquired 81,609 shares of the stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $16.18 per share, for a total transaction of $1,320,433.62. Following the completion of the purchase, the insider owned 7,106,824 shares of the company’s stock, valued at approximately $114,988,412.32. This represents a 1.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired a total of 378,681 shares of company stock valued at $7,171,391 over the last three months. Company insiders own 1.63% of the company’s stock.
Energizer Price Performance
Energizer (NYSE:ENR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47. The firm had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. Energizer’s revenue was down 3.0% on a year-over-year basis. During the same period last year, the firm posted $0.67 EPS. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, equities analysts forecast that Energizer Holdings, Inc. will post 3.56 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on ENR shares. Canaccord Genuity Group dropped their price objective on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. UBS Group boosted their price objective on shares of Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Barclays increased their target price on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $24.00.
View Our Latest Analysis on ENR
About Energizer
Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company’s primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.
Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.
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