Energizer (NYSE:ENR) Trading Up 6.1% – Still a Buy?

Energizer Holdings, Inc. (NYSE:ENR)’s share price was up 6.1% on Thursday . The company traded as high as $20.25 and last traded at $20.6240. Approximately 172,793 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 956,677 shares. The stock had previously closed at $19.43.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ENR shares. Morgan Stanley dropped their price objective on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Energizer in a research report on Tuesday, October 14th. Canaccord Genuity Group cut their price target on Energizer from $29.00 to $20.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. JPMorgan Chase & Co. reduced their price objective on Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, October 23rd. Finally, Wall Street Zen cut Energizer from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $27.00.

Energizer Stock Performance

The company has a current ratio of 2.11, a quick ratio of 1.13 and a debt-to-equity ratio of 20.06. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 6.28 and a beta of 0.63. The stock has a fifty day moving average price of $22.10 and a 200-day moving average price of $23.84.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, November 18th. The company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). The company had revenue of $832.80 million during the quarter, compared to the consensus estimate of $830.45 million. Energizer had a net margin of 8.09% and a return on equity of 161.50%. The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $1.22 earnings per share. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, analysts anticipate that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Tuesday, November 25th. Energizer’s dividend payout ratio is currently 36.14%.

Insider Activity at Energizer

In other Energizer news, Director Donal L. Mulligan purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was purchased at an average cost of $17.40 per share, with a total value of $261,000.00. Following the acquisition, the director directly owned 25,000 shares of the company’s stock, valued at approximately $435,000. This trade represents a 150.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Mark Stephen Lavigne acquired 10,000 shares of Energizer stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the purchase, the chief executive officer owned 464,889 shares of the company’s stock, valued at approximately $7,954,250.79. This represents a 2.20% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 26,000 shares of company stock valued at $449,240. Company insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On Energizer

Several large investors have recently made changes to their positions in ENR. Cetera Investment Advisers increased its position in Energizer by 33.0% in the first quarter. Cetera Investment Advisers now owns 14,974 shares of the company’s stock worth $448,000 after purchasing an additional 3,712 shares during the period. Vanguard Group Inc. grew its position in shares of Energizer by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock worth $281,906,000 after buying an additional 170,017 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Energizer by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,002,988 shares of the company’s stock worth $30,009,000 after buying an additional 37,678 shares during the last quarter. Invesco Ltd. lifted its holdings in Energizer by 0.7% in the first quarter. Invesco Ltd. now owns 496,524 shares of the company’s stock valued at $14,856,000 after buying an additional 3,392 shares during the period. Finally, Nuveen LLC bought a new position in Energizer in the first quarter valued at approximately $9,069,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.