Brokerages Set Energizer Holdings, Inc. (NYSE:ENR) Target Price at $21.83

Shares of Energizer Holdings, Inc. (NYSE:ENR) have been assigned an average rating of “Reduce” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $21.8333.

A number of equities analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. JPMorgan Chase & Co. lifted their target price on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Barclays boosted their target price on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Canaccord Genuity Group set a $18.00 price target on Energizer in a report on Wednesday, August 5th. Finally, 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.

Insider Transactions at Energizer

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of Energizer stock in a transaction that occurred on Monday, July 20th. The shares were acquired at an average price of $20.02 per share, for a total transaction of $1,201,200.00. Following the transaction, the insider directly owned 7,820,000 shares in the company, valued at approximately $156,556,400. This represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have bought 340,000 shares of company stock worth $7,007,000. 1.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Energizer

A number of large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its position in Energizer by 51.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after purchasing an additional 644 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Energizer in the 2nd quarter valued at $37,000. Aster Capital Management DIFC Ltd increased its stake in shares of 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 buying an additional 1,240 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Energizer in the 3rd quarter valued at $47,000. Finally, Public Employees Retirement System of Ohio raised 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 acquiring an additional 503 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

Energizer Price Performance

Shares of ENR stock opened at $20.53 on Friday. The stock’s fifty day simple moving average is $21.27 and its 200 day simple moving average is $19.74. Energizer has a one year low of $15.75 and a one year high of $30.29. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 17.39 and a beta of 0.77. The company has a debt-to-equity ratio of 16.22, a current ratio of 2.07 and a quick ratio of 1.10.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). Energizer had a net margin of 2.73% and a return on equity of 122.63%. The company had revenue of $734.10 million for the quarter, compared to the consensus estimate of $720.29 million. During the same period in the previous year, the business posted $2.13 earnings per share. The firm’s revenue was up 1.2% compared to the same quarter last year. 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 expect that Energizer will post 3.31 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.30 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.8%. Energizer’s dividend payout ratio (DPR) is 101.69%.

About Energizer

Energizer Holdings, Inc (NYSE: ENR) is a global consumer products company focused on household batteries, specialty batteries, portable lighting and automotive appearance and maintenance products. Its portfolio includes well-known battery brands such as Energizer, Eveready and Rayovac, along with automotive brands including Armor All, STP, A/C PRO and Nu Finish.

The company offers alkaline, lithium, rechargeable and specialty batteries for consumer electronics, toys, portable devices and other everyday applications.