Energizer (NYSE:ENR) Price Target Raised to $19.00

Energizer (NYSE:ENR) had its price target upped by Barclays from $18.00 to $19.00 in a report published on Tuesday,Benzinga reports. The firm currently has an equal weight rating on the stock.

ENR has been the topic of a number of other research reports. JPMorgan Chase & Co. upped their price target on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. UBS Group lifted their target price on shares of Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, Canaccord Genuity Group dropped their target price on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $24.00.

Energizer Stock Up 0.7%

Shares of NYSE:ENR opened at $20.64 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. The stock has a fifty day simple moving average of $19.90 and a two-hundred day simple moving average of $19.77. Energizer has a 12-month low of $15.75 and a 12-month high of $30.29. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 7.56 and a beta of 0.75.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The firm had revenue of $643.30 million for the quarter, compared to analysts’ expectations of $661.92 million. During the same period in the prior year, the firm posted $0.67 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. On average, research analysts anticipate that Energizer will post 3.56 earnings per share for the current fiscal year.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 5.8%. Energizer’s dividend payout ratio (DPR) is 43.96%.

Insider Activity at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. acquired 40,000 shares of Energizer stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average cost of $20.67 per share, for a total transaction of $826,800.00. Following the acquisition, the insider owned 7,480,000 shares of the company’s stock, valued at $154,611,600. This represents a 0.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired 378,681 shares of company stock worth $7,171,391 over the last 90 days. Company insiders own 1.63% of the company’s stock.

Institutional Trading of Energizer

Large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its holdings in shares of Energizer by 51.6% during the first 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 last quarter. Aster Capital Management DIFC Ltd boosted its holdings in Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after purchasing an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Energizer in the 3rd quarter worth approximately $47,000. Public Employees Retirement System of Ohio grew its position in Energizer by 25.5% in 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 during the period. Finally, Leonteq Securities AG purchased a new stake in Energizer during the 4th quarter valued at $60,000. 93.74% of the stock is currently 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.