Commerce Bank Invests $3.56 Million in Energizer Holdings, Inc. $ENR

Commerce Bank acquired a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 166,257 shares of the company’s stock, valued at approximately $3,565,000. Commerce Bank owned approximately 0.24% of Energizer as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. purchased a new position in Energizer in the 3rd quarter valued at $47,000. PNC Financial Services Group Inc. grew its holdings in shares of Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after buying an additional 644 shares in the last quarter. Aster Capital Management DIFC Ltd raised its position in shares of Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after buying an additional 1,240 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Energizer in the second quarter valued at about $53,000. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after buying an additional 503 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Stock Up 0.1%

Energizer stock opened at $21.48 on Tuesday. The firm has a market capitalization of $1.47 billion, a P/E ratio of 18.20 and a beta of 0.75. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer Holdings, Inc. has a twelve month low of $15.75 and a twelve month high of $30.29. The stock’s fifty day simple moving average is $21.37 and its 200-day simple moving average is $19.90.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.08). Energizer had a return on equity of 122.63% and a net margin of 2.73%.The firm had revenue of $734.10 million for the quarter, compared to analyst estimates of $720.29 million. During the same quarter last year, the firm earned $2.13 EPS. The company’s revenue was up 1.2% on a year-over-year basis. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. As a group, equities analysts expect that Energizer Holdings, Inc. will post 3.31 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Energizer’s dividend payout ratio (DPR) is presently 101.69%.

Analyst Ratings Changes

A number of equities analysts have weighed in on ENR shares. Canaccord Genuity Group set a $18.00 price objective on Energizer in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. UBS Group boosted their price target on shares of Energizer from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. Finally, Barclays raised 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. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $21.83.

Insider Buying and Selling

In other Energizer news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of Energizer stock in a transaction dated Monday, July 20th. The stock was acquired at an average cost of $20.02 per share, with a total value of $1,201,200.00. Following the completion of the acquisition, the insider owned 7,820,000 shares of the company’s stock, valued at approximately $156,556,400. This represents a 0.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 413,692 shares of company stock valued at $8,357,139 in the last quarter. Insiders own 1.63% of the company’s stock.

Energizer 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.