Energizer Holdings, Inc. (NYSE:ENR) Receives $21.83 Average Target Price from Analysts

Energizer Holdings, Inc. (NYSE:ENR) has been assigned a consensus recommendation of “Reduce” from the seven ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $21.8333.

Several research analysts have weighed in on ENR shares. UBS Group lifted their target price on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Canaccord Genuity Group set a $18.00 price target on Energizer in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Morgan Stanley reiterated a “negative” rating and set a $21.00 price objective on shares of Energizer in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. boosted their price objective on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th.

Energizer Trading Up 0.1%

ENR opened at $21.50 on Monday. The firm’s fifty day moving average is $21.34 and its two-hundred day moving average is $19.91. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07. The firm has a market cap of $1.47 billion, a PE ratio of 18.22 and a beta of 0.75. Energizer has a twelve month low of $15.75 and a twelve month high of $30.29.

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

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.6%. Energizer’s payout ratio is presently 101.69%.

Insider Buying and Selling at Energizer

In related news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of Energizer stock in a transaction dated Monday, July 20th. The stock was bought at an average price of $20.02 per share, for a total transaction of $1,201,200.00. Following the completion of the acquisition, the insider directly owned 7,820,000 shares of the company’s stock, valued at $156,556,400. This represents a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have purchased a total of 413,692 shares of company stock valued at $8,357,139 in the last ninety days. 1.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Energizer

Several institutional investors have recently added to or reduced their stakes in ENR. BlackRock Inc. acquired a new position in Energizer in the 2nd quarter worth $201,796,000. Clarkston Capital Partners LLC raised its stake in shares of Energizer by 9.7% in the 4th quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after purchasing an additional 372,465 shares during the period. LSV Asset Management raised its stake in shares of Energizer by 3.4% in the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after purchasing an additional 116,900 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Energizer by 148,623.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock valued at $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Energizer by 0.5% in the fourth quarter. State Street Corp now owns 2,490,608 shares of the company’s stock valued at $49,538,000 after purchasing an additional 13,200 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

About Energizer

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.