8 Most Profitable Lithium Stocks to Invest In

6. Energizer Holdings, Inc. (NYSE:ENR)

Last Year’s Net Income: $58.50 million

Number of Hedge Fund Holders: 26

Energizer Holdings, Inc. (NYSE:ENR) leads the global battery market, manufacturing lithium, alkaline, and specialty batteries under renowned brands like Energizer, Eveready, and Rayovac. It also sells auto care products such as protectants, air fresheners, and fuel additives through brands such as Armor All and STP.

For Q1 2025, ended December 31, 2024, Energizer Holdings, Inc. (NYSE:ENR) reported that its organic net sales grew 3.8%, with battery sales up by 4% and auto care rising 2%. The adjusted gross margin grew by 50 basis points to 40% due to cost-efficiency measures under Project Momentum, delivering $20 million that quarter. This led to a 14% growth in adjusted earnings per share, strengthening the company’s operational efficiency.

Furthermore, the company reduced its debt by $25 million, marking ten straight quarters of deleveraging. Energizer Holdings, Inc. (NYSE:ENR) remains focused on wider distribution, market growth, and digital transformation to drive steady growth this year. Meanwhile, management raised its yearly organic sales growth outlook to 2-3%, reflecting confidence in continued demand and strategic investments.

Energizer Holdings, Inc. (NYSE:ENR) also declared a $0.30 per share quarterly dividend, payable on March 13, 2025, showing the company’s commitment to shareholder returns. Although currency headwinds and increased promotions may create hurdles, Energizer’s cost-cutting efforts, international expansion, and new products should help balance these pressures. With a strong fiscal 2025 start and ongoing investment in long-term growth, the stock remains a well-positioned and profitable lithium stock.