Energizer (NYSE:ENR) CEO Acquires $171,100.00 in Stock

by · The Cerbat Gem

Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) CEO Mark Stephen Lavigne bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the completion of the transaction, the chief executive officer directly owned 464,889 shares in the company, valued at approximately $7,954,250.79. The trade was a 2.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Energizer Stock Performance

Shares of ENR stock traded down $0.34 during mid-day trading on Tuesday, hitting $17.02. 1,797,202 shares of the stock were exchanged, compared to its average volume of 942,015. Energizer Holdings, Inc. has a 12-month low of $16.77 and a 12-month high of $39.45. The company has a debt-to-equity ratio of 20.06, a quick ratio of 1.13 and a current ratio of 2.11. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 5.13 and a beta of 0.63. The stock’s fifty day simple moving average is $23.13 and its two-hundred day simple moving average is $24.10.

Energizer (NYSE:ENR – Get Free Report) last released its quarterly earnings results on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). Energizer had a return on equity of 161.50% and a net margin of 8.09%.The firm had revenue of $832.80 million for the quarter, compared to analysts’ expectations of $830.45 million. During the same quarter in the prior year, the business earned $1.22 EPS. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. On average, analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, November 25th. Energizer’s dividend payout ratio (DPR) is presently 36.14%.

Analysts Set New Price Targets

A number of research firms have commented on ENR. Morgan Stanley dropped their price objective on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Energizer in a report on Tuesday, October 14th. Truist Financial upped their price objective on Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. UBS Group lowered their target price on Energizer from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Finally, Wall Street Zen cut Energizer from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Check Out Our Latest Report on Energizer

Hedge Funds Weigh In On Energizer

A number of large investors have recently modified their holdings of ENR. Allianz Asset Management GmbH boosted its stake in shares of Energizer by 29.3% in the first quarter. Allianz Asset Management GmbH now owns 10,600 shares of the company’s stock valued at $317,000 after buying an additional 2,400 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Energizer by 33.0% during the 1st quarter. Cetera Investment Advisers now owns 14,974 shares of the company’s stock worth $448,000 after purchasing an additional 3,712 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Energizer by 8.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,502 shares of the company’s stock worth $524,000 after purchasing an additional 1,365 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Energizer by 27.3% during the 1st quarter. Mackenzie Financial Corp now owns 12,373 shares of the company’s stock worth $370,000 after purchasing an additional 2,653 shares during the period. Finally, Vestcor Inc increased its holdings in shares of Energizer by 3.7% in the 1st quarter. Vestcor Inc now owns 13,448 shares of the company’s stock valued at $402,000 after purchasing an additional 475 shares in the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

About Energizer

(Get Free Report)

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.

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