Deutsche Bank AG Acquires Shares of 74,323 Energizer Holdings, Inc. $ENR

Deutsche Bank AG bought a new stake in shares of Energizer Holdings, Inc. (NYSE:ENR) during the second quarter, HoldingsChannel reports. The firm bought 74,323 shares of the company’s stock, valued at approximately $1,593,000.

Several other hedge funds have also bought and sold shares of ENR. Northwestern Mutual Wealth Management Co. purchased a new stake in Energizer in the third quarter worth about $47,000. PNC Financial Services Group Inc. boosted its position in shares of Energizer by 51.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after purchasing an additional 644 shares in the last quarter. Aster Capital Management DIFC Ltd boosted its position in shares of Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after purchasing an additional 1,240 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Energizer by 25.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after buying an additional 503 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Energizer by 70.5% during the second quarter. GAMMA Investing LLC now owns 2,898 shares of the company’s stock valued at $62,000 after buying an additional 1,198 shares during the last quarter. Institutional investors own 93.74% of the company’s stock.

Insider Transactions at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were acquired at an average cost of $20.25 per share, with a total value of $1,215,000.00. Following the completion of the acquisition, the insider directly owned 7,940,000 shares in the company, valued at $160,785,000. The trade was a 0.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders acquired 413,692 shares of company stock valued at $8,357,139. Corporate insiders own 1.63% of the company’s stock.

Energizer Stock Performance

Shares of NYSE ENR opened at $22.40 on Friday. Energizer Holdings, Inc. has a 12-month low of $15.75 and a 12-month high of $30.29. The firm has a 50 day moving average of $21.47 and a 200 day moving average of $19.89. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 18.98 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 (NYSE:ENR) last released its earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.08). The company had revenue of $734.10 million for the quarter, compared to analysts’ expectations of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. Energizer’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.13 earnings per share. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. On average, research analysts anticipate that Energizer Holdings, Inc. will post 3.31 earnings per share for the current year.

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 annualized dividend and a yield of 5.4%. Energizer’s dividend payout ratio is currently 101.69%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ENR shares. JPMorgan Chase & Co. increased their target price on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Canaccord Genuity Group set a $18.00 price objective on shares of Energizer in a research note on Wednesday, August 5th. UBS Group upped their target price on shares of Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. Finally, Morgan Stanley reissued a “negative” rating and set a $21.00 price target on shares of Energizer in a research report on Tuesday, August 4th. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Energizer has an average rating of “Reduce” and a consensus price target of $21.83.

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.