Energizer (NYSE:ENR) Shares Down 4.8% – Here’s Why

Energizer Holdings, Inc. (NYSE:ENR)’s share price fell 4.8% during trading on Monday . The stock traded as low as $22.20 and last traded at $22.28. 341,625 shares changed hands during trading, a decline of 75% from the average session volume of 1,362,312 shares. The stock had previously closed at $23.40.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ENR shares. UBS Group set a $25.00 target price on shares of Energizer and gave the stock a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Monday, December 29th. Canaccord Genuity Group set a $19.00 price target on Energizer in a report on Monday. Barclays set a $22.00 price objective on shares of Energizer in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. increased their target price on Energizer from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and an average target price of $25.29.

Energizer Stock Performance

The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. The business has a 50 day moving average price of $20.69 and a 200 day moving average price of $23.55. The stock has a market capitalization of $1.58 billion, a PE ratio of 7.79 and a beta of 0.64.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The company had revenue of $778.90 million during the quarter, compared to analyst estimates of $712.82 million. During the same period in the previous year, the business earned $0.67 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. As a group, equities research analysts expect that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 18th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $1.20 annualized dividend and a yield of 5.2%. Energizer’s dividend payout ratio (DPR) is currently 40.40%.

Insider Buying and Selling

In other news, Director Donal L. Mulligan purchased 15,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were purchased at an average cost of $17.40 per share, for a total transaction of $261,000.00. Following the purchase, the director directly owned 25,000 shares in the company, valued at approximately $435,000. This represents a 150.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Mark Stephen Lavigne acquired 10,000 shares of Energizer stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average price of $17.11 per share, with a total value of $171,100.00. Following the transaction, the chief executive officer owned 464,889 shares of the company’s stock, valued at $7,954,250.79. The trade was a 2.20% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 26,000 shares of company stock valued at $449,240. 1.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Energizer

Institutional investors and hedge funds have recently bought and sold shares of the stock. AdvisorNet Financial Inc purchased a new stake in Energizer in the third quarter worth about $29,000. Huntington National Bank grew its stake in shares of Energizer by 1,836.1% during the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company’s stock valued at $29,000 after acquiring an additional 1,120 shares during the period. Versant Capital Management Inc grew its stake in shares of Energizer by 92.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock valued at $31,000 after acquiring an additional 592 shares during the period. Hantz Financial Services Inc. increased its holdings in Energizer by 967.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,782 shares of the company’s stock worth $36,000 after acquiring an additional 1,615 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Energizer during the 3rd quarter worth approximately $47,000. 93.74% of the stock is currently owned by hedge funds and other 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.