Energizer (NYSE:ENR) Price Target Raised to $22.00

Energizer (NYSE:ENR) had its price objective raised by JPMorgan Chase & Co. from $19.00 to $22.00 in a report released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the company. Canaccord Genuity Group decreased their price objective on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. UBS Group upped their price target on Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Barclays decreased their price target on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $23.86.

Energizer Price Performance

Shares of NYSE ENR opened at $20.21 on Thursday. The firm has a market cap of $1.38 billion, a PE ratio of 7.40 and a beta of 0.75. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. Energizer has a 1-year low of $15.75 and a 1-year high of $30.29. The company has a fifty day moving average price of $19.65 and a 200 day moving average price of $19.76.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. The firm had revenue of $643.30 million during the quarter, compared to analysts’ expectations of $661.92 million. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The company’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Research analysts predict that Energizer will post 3.56 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a $0.30 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 5.9%. Energizer’s dividend payout ratio (DPR) is presently 43.96%.

Insider Buying and Selling at Energizer

In related news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the completion of the transaction, the insider owned 7,106,824 shares in the company, valued at $114,988,412.32. The trade was a 1.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders bought 378,681 shares of company stock valued at $7,171,391. 1.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ENR. Northwestern Mutual Wealth Management Co. increased its position in shares of Energizer by 148,623.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after purchasing an additional 2,792,643 shares during the last quarter. Armistice Capital LLC acquired a new stake in shares of Energizer in the 4th quarter valued at approximately $20,606,000. Janus Henderson Group PLC grew its stake in shares of Energizer by 1,561.6% in the first quarter. Janus Henderson Group PLC now owns 453,952 shares of the company’s stock valued at $7,454,000 after buying an additional 426,632 shares in the last quarter. MAC Alpha Capital Management LP bought a new position in shares of Energizer in the fourth quarter valued at $8,330,000. Finally, Clarkston Capital Partners LLC increased its holdings in Energizer by 9.7% during the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock worth $84,085,000 after buying an additional 372,465 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

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.