Energizer Holdings, Inc. (NYSE:ENR) Receives $24.00 Consensus Target Price from Analysts

Shares of Energizer Holdings, Inc. (NYSE:ENR) have been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $24.00.

A number of analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Barclays increased their price target on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. UBS Group lifted their price objective on Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. Finally, Canaccord Genuity Group dropped their price objective on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th.

Key Stories Impacting Energizer

Here are the key news stories impacting Energizer this week:

• Positive Sentiment: Major shareholder Aqua Capital continued buying ENR shares, acquiring a combined 160,000 shares for approximately $3.24 million in transactions dated July 17, July 20 and July 23. The purchases increased Aqua Capital’s already sizable position and may signal confidence in Energizer’s valuation and long-term prospects. SEC filing on Aqua Capital purchase
• Positive Sentiment: Energizer declared a quarterly dividend of $0.30 per share, payable September 9 to shareholders of record August 19. The dividend equates to $1.20 annually and a reported yield of about 5.5%, which may attract income-oriented investors. Energizer dividend announcement
• Positive Sentiment: A Zacks analysis highlighted Energizer as a potentially strong long-term momentum stock, suggesting that recent price performance and valuation characteristics could appeal to momentum and value investors. Zacks momentum analysis
• Neutral Sentiment: Analyst sentiment remains cautious: ENR has an average rating of “Hold,” with one Buy and seven Hold ratings, while the average price target is approximately $24. Recent target changes were mixed, although several firms raised their objectives.
• Negative Sentiment: Zacks warned that Energizer may report a decline in earnings and lacks the indicators typically associated with a likely earnings beat. Investors are likely to focus on upcoming results, guidance and consumer demand. Zacks earnings outlook
• Negative Sentiment: The latest reported quarter showed revenue down 3% year over year and below analyst expectations, despite a substantial EPS beat. Energizer’s high leverage also remains a risk for shareholders.

Energizer Stock Down 2.2%

ENR opened at $21.38 on Thursday. Energizer has a twelve month low of $15.75 and a twelve month high of $30.29. The company’s 50-day moving average price is $20.28 and its two-hundred day moving average price is $19.80. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 7.83 and a beta of 0.75. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.47. The company had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. Energizer’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 EPS. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, equities analysts expect that Energizer will post 3.56 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 annualized dividend and a dividend yield of 5.6%. Energizer’s payout ratio is 43.96%.

Insider Activity at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The shares were bought at an average cost of $20.25 per share, for a total transaction of $1,215,000.00. Following the purchase, the insider owned 7,940,000 shares of the company’s stock, valued at $160,785,000. This represents a 0.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have purchased 538,681 shares of company stock worth $10,406,791. Corporate insiders own 1.63% of the company’s stock.

Institutional Investors Weigh In On Energizer

A number of hedge funds and other institutional investors have recently bought and sold shares of ENR. PNC Financial Services Group Inc. boosted its holdings in shares of Energizer by 51.6% in the first 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 period. Aster Capital Management DIFC Ltd raised its stake in shares of Energizer by 148.1% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after purchasing an additional 1,240 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Energizer during the 3rd quarter valued at $47,000. Public Employees Retirement System of Ohio lifted its holdings in Energizer by 25.5% during the 4th 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, Leonteq Securities AG purchased a new stake in Energizer during the 4th quarter worth about $60,000. Institutional investors own 93.74% of the company’s stock.

Energizer Company Profile

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.