Energizer Holdings, Inc. (NYSE:ENR) Given Consensus Rating of “Reduce” by Analysts

Energizer Holdings, Inc. (NYSE:ENR) has been given a consensus recommendation of “Reduce” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $21.8333.

A number of analysts have recently weighed in on ENR shares. JPMorgan Chase & Co. increased their price target 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 target price on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group set a $18.00 price target on shares of Energizer in a report on Wednesday, August 5th. UBS Group upped their price target on shares of Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th.

Insider Activity at Energizer

In related news, major shareholder Aqua Capital, Ltd. bought 60,000 shares of the stock in a transaction on Monday, July 20th. The shares were purchased at an average price of $20.02 per share, with a total value of $1,201,200.00. Following the purchase, the insider 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 purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders acquired 413,692 shares of company stock worth $8,357,139 over the last quarter. 1.63% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ENR. PNC Financial Services Group Inc. raised its stake in Energizer by 51.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after purchasing an additional 644 shares during the period. Aster Capital Management DIFC Ltd grew its holdings in shares of Energizer by 148.1% during the fourth 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 in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Energizer during the third quarter valued at $47,000. Public Employees Retirement System of Ohio raised its position in Energizer by 25.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after buying an additional 503 shares during the period. Finally, Allworth Financial LP purchased a new stake in Energizer in the 2nd quarter worth about $53,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Trading Up 2.4%

NYSE ENR opened at $21.50 on Monday. The stock has a market cap of $1.47 billion, a P/E ratio of 18.22 and a beta of 0.75. The company’s fifty day simple moving average is $21.34 and its 200-day simple moving average is $19.93. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer has a 52 week low of $15.75 and a 52 week high of $30.29.

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

Energizer Announces Dividend

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 paid 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 dividend payout ratio is presently 101.69%.

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.