Principal Financial Group Inc. Acquires 95,349 Shares of Energizer Holdings, Inc. $ENR

Principal Financial Group Inc. lifted its holdings in Energizer Holdings, Inc. (NYSE:ENR) by 32.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 385,797 shares of the company’s stock after buying an additional 95,349 shares during the quarter. Principal Financial Group Inc.’s holdings in Energizer were worth $6,335,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd increased its position in Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after acquiring an additional 1,240 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Energizer during the third quarter worth approximately $47,000. Public Employees Retirement System of Ohio lifted its position in shares of Energizer by 25.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after purchasing an additional 503 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Energizer during the fourth quarter valued at approximately $60,000. Finally, ARQ Wealth Advisors LLC bought a new stake in shares of Energizer during the first quarter valued at approximately $168,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Wall Street Analyst Weigh In

ENR has been the subject of several research analyst reports. Barclays boosted their price objective on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group decreased 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. JPMorgan Chase & Co. lifted their target price on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Finally, UBS Group upped their price target on Energizer from $19.00 to $21.00 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $24.00.

Energizer Trading Up 0.5%

ENR opened at $21.05 on Tuesday. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 7.71 and a beta of 0.75. The firm has a 50 day simple moving average of $20.07 and a 200 day simple moving average of $19.79. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29.

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

Insider Buying and Selling at Energizer

In related news, major shareholder Aqua Capital, Ltd. purchased 81,609 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the purchase, the insider directly owned 7,106,824 shares in the company, valued at $114,988,412.32. This trade represents a 1.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last 90 days, insiders acquired 378,681 shares of company stock valued at $7,171,391. Corporate insiders own 1.63% of the company’s stock.

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.