EU and US could reach trade deal this weekend - Reuters
Mark Stephen LaVigne, President and CEO of Energizer Holdings, Inc. (NYSE:ENR), recently acquired 4,000 shares of the company’s common stock. The transaction, dated May 9, 2025, was executed at a price of $21.67 per share, amounting to a total value of $86,680. The purchase comes as the stock trades near its 52-week low of $21.49, with InvestingPro analysis indicating the stock is currently undervalued. Following this purchase, LaVigne now directly owns 277,645 shares of Energizer Holdings. This acquisition reflects continued confidence in the company under LaVigne’s leadership, which currently offers a substantial 5.57% dividend yield and maintains strong liquidity with current assets exceeding short-term obligations. For deeper insights into insider trading patterns and 14 additional ProTips, visit InvestingPro.
In other recent news, Energizer Holdings reported its second-quarter 2025 earnings, meeting analysts’ expectations with an earnings per share (EPS) of $0.67. However, revenue fell slightly short of projections, coming in at $662.9 million compared to the expected $670.89 million. The company’s organic sales grew by 1.4%, with its Battery & Lights segment experiencing a 1.9% increase in volume due to new distribution channels. Despite these results, Canaccord Genuity adjusted Energizer’s stock price target from $31 to $27, maintaining a Hold rating on the stock. This adjustment followed a review of Energizer’s quarterly outcomes and revised full-year guidance. The company is actively investing in digital transformation and sustainability initiatives, which includes the launch of the Podium Series in over 15,000 stores. Energizer also anticipates a gross margin increase of 50 basis points and projects full-year adjusted EBITDA to range from $610 million to $630 million. These developments reflect ongoing efforts to navigate a competitive market and manage future growth prospects.
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