Energizer (ENR)

• Market cap: $2.55B
• 1 day: -0.73%
• 5 days: -3.89%
• 1 month: -6.16%
• 3 months: 21.57%
• 6 months: 20.86%
• Year to date: 10.92%
• 1 year: 12.12%
• 5 years: -30.79%
• 10 years: -73.08%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

About: Energizer Holdings Inc makes and distributes household batteries, specialty batteries, and lighting products. Energizer offers batteries using lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide technologies. These products are sold under the Energizer, Rayovac, Varta and Eveready brands at performance and premium price segments. It also offers auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The company operates in two geographical segments: Americas and International, of which the majority of its revenue is derived from the America. It has two product segments: Batteries & Lights and Auto Care. It earns maximum revenue from Batteries & Lights segment.

Employees: 5,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

51% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 35

14% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 83

6% more funds holding

Funds holding: 282 [Q2] → 300 (+18) [Q3]

4% more capital invested

Capital invested by funds: $1.84B [Q2] → $1.91B (+$71.9M) [Q3]

3% less call options, than puts

Call options by funds: $6.38M | Put options by funds: $6.6M

2.92% less ownership

Funds ownership: 86.88% [Q2] → 83.96% (-2.92%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $36 2% upside
• Avg. target: $38 9% upside
• High target: $45 27% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Truist Securities Bill Chappell 40% 1-year accuracy 12 / 30 met price target	27% upside $45	Buy Maintained	20 Nov 2024
Canaccord Genuity Brian McNamara 60% 1-year accuracy 26 / 43 met price target	2% upside $36	Hold Maintained	20 Nov 2024
Barclays Lauren Lieberman 46% 1-year accuracy 41 / 90 met price target	2% upside $36	Equal-Weight Downgraded	20 Nov 2024
Morgan Stanley Dara Mohsenian 55% 1-year accuracy 18 / 33 met price target	2% upside $36	Equal-Weight Maintained	20 Nov 2024
JP Morgan Andrea Teixeira 45% 1-year accuracy 24 / 53 met price target	10% upside $39	Neutral Upgraded	20 Nov 2024