Man Group plc Invests $4.60 Million in Energizer Holdings, Inc. $ENR

Man Group plc bought a new stake in Energizer Holdings, Inc. (NYSE:ENR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 214,734 shares of the company’s stock, valued at approximately $4,604,000. Man Group plc owned approximately 0.31% of Energizer as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in Energizer by 51.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after acquiring an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd raised its stake 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 worth $41,000 after acquiring an additional 1,240 shares during 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. Finally, Allworth Financial LP bought a new stake in shares of Energizer during the second quarter valued at approximately $53,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Barclays raised their price target on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Morgan Stanley reiterated a “negative” rating and issued a $21.00 price objective on shares of Energizer in a research report on Tuesday, August 4th. Canaccord Genuity Group set a $18.00 target price on Energizer in a research note on Wednesday, August 5th. UBS Group boosted their target price on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. raised their price target on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $21.83.

Energizer Trading Up 0.6%

Shares of NYSE ENR opened at $22.40 on Monday. Energizer Holdings, Inc. has a fifty-two week low of $15.75 and a fifty-two week high of $30.29. The firm has a market capitalization of $1.53 billion, a P/E ratio of 18.98 and a beta of 0.75. The company has a debt-to-equity ratio of 16.22, a current ratio of 2.07 and a quick ratio of 1.10. The company’s 50 day simple moving average is $21.47 and its 200 day simple moving average is $19.87.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). The business had revenue of $734.10 million for the quarter, compared to analyst estimates of $720.29 million. Energizer had a return on equity of 122.63% and a net margin of 2.73%.Energizer’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.13 EPS. 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, analysts predict that Energizer Holdings, Inc. will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.4%. Energizer’s dividend payout ratio (DPR) is 101.69%.

Insider Activity

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the stock in a transaction dated Monday, July 20th. The stock was bought at an average cost of $20.02 per share, with a total value of $1,201,200.00. Following the purchase, 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 purchase was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders bought 375,686 shares of company stock worth $7,665,050. 1.63% of the stock is currently owned by 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.