Squarepoint Ops LLC Makes New $4.49 Million Investment in Energizer Holdings, Inc. $ENR

Squarepoint Ops LLC bought a new position in shares of Energizer Holdings, Inc. (NYSE:ENR) during the 2nd quarter, Holdings Channel.com reports. The firm bought 209,583 shares of the company’s stock, valued at approximately $4,493,000.

A number of other institutional investors and hedge funds have also modified their holdings of ENR. PNC Financial Services Group Inc. boosted its holdings in Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after acquiring an additional 644 shares during the period. 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 valued at $47,000. Public Employees Retirement System of Ohio grew its holdings in Energizer by 25.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after acquiring an additional 503 shares during the period. Finally, Allworth Financial LP bought a new position in Energizer during the second quarter worth about $53,000. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Stock Up 2.4%

ENR stock opened at $20.53 on Friday. The business has a 50-day simple moving average of $21.27 and a 200 day simple moving average of $19.76. The company has a market cap of $1.41 billion, a PE ratio of 17.39 and a beta of 0.77. The company has a quick ratio of 1.10, a current ratio of 2.07 and a debt-to-equity ratio of 16.22. Energizer Holdings, Inc. has a 52 week low of $15.75 and a 52 week high of $30.29.

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). Energizer had a return on equity of 122.63% and a net margin of 2.73%.The business had revenue of $734.10 million for the quarter, compared to the consensus estimate of $720.29 million. During the same quarter in the previous year, the company earned $2.13 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts anticipate that Energizer Holdings, Inc. will post 3.31 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, August 19th. This represents a $1.20 annualized dividend and a dividend yield of 5.8%. Energizer’s dividend payout ratio is 101.69%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ENR shares. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Canaccord Genuity Group set a $18.00 price target on shares of Energizer in a research report on Wednesday, August 5th. Barclays boosted their target price on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Morgan Stanley restated a “negative” rating and issued a $21.00 price objective on shares of Energizer in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their target price on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Six research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $21.83.

Insider Activity

In other news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were bought at an average price of $20.02 per share, with a total value of $1,201,200.00. Following the acquisition, the insider directly owned 7,820,000 shares in the company, valued at $156,556,400. The trade was a 0.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have acquired 340,000 shares of company stock worth $7,007,000 in the last three months. 1.63% of the stock is currently owned by corporate insiders.

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.