Gabelli Funds LLC Has $10.05 Million Stock Position in Energizer Holdings, Inc. $ENR

Gabelli Funds LLC lifted its stake in shares of Energizer Holdings, Inc. (NYSE:ENR) by 28.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 505,500 shares of the company’s stock after buying an additional 113,350 shares during the period. Gabelli Funds LLC’s holdings in Energizer were worth $10,054,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ENR. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Energizer by 148,623.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. Medina Value Partners LLC acquired a new stake in shares of Energizer during the 3rd quarter worth $17,141,000. LSV Asset Management grew its holdings in shares of Energizer by 24.5% during the 3rd quarter. LSV Asset Management now owns 3,436,574 shares of the company’s stock worth $85,536,000 after purchasing an additional 675,426 shares in the last quarter. Kettle Hill Capital Management LLC grew its holdings in shares of Energizer by 438.2% during the 3rd quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Energizer by 528.4% during the 3rd quarter. Millennium Management LLC now owns 257,123 shares of the company’s stock worth $6,400,000 after purchasing an additional 216,206 shares in the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Aqua Capital, Ltd. acquired 14,372 shares of the stock in a transaction dated Wednesday, April 8th. The stock was bought at an average cost of $17.47 per share, for a total transaction of $251,078.84. Following the completion of the transaction, the insider directly owned 7,019,372 shares of the company’s stock, valued at $122,628,428.84. The trade was a 0.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders bought 20,215 shares of company stock worth $361,302 in the last ninety days. 1.63% of the stock is owned by company insiders.

Energizer Stock Performance

Shares of ENR stock opened at $16.18 on Wednesday. The business’s 50-day moving average price is $17.90 and its 200-day moving average price is $19.88. Energizer Holdings, Inc. has a 12 month low of $16.00 and a 12 month high of $30.29. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 5.92 and a beta of 0.81. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The firm had revenue of $643.30 million for the quarter, compared to analyst estimates of $661.92 million. During the same period last year, the firm posted $0.67 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Equities research analysts forecast that Energizer Holdings, Inc. will post 3.56 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Wednesday, May 20th. Energizer’s dividend payout ratio (DPR) is 43.96%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ENR shares. JPMorgan Chase & Co. reduced their price objective on Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. Barclays reduced their price objective on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. UBS Group raised their price objective on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Evercore set a $28.00 price objective on Energizer in a research note on Tuesday, February 10th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $23.14.

Energizer Company Profile

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.