Energizer (NYSE:ENR) Posts Quarterly Earnings Results, Beats Estimates By $0.47 EPS

Energizer (NYSE:ENR) issued its earnings results on Tuesday. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.47, FiscalAI reports. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The firm had revenue of $643.30 million during the quarter, compared to analysts’ expectations of $661.92 million. During the same quarter last year, the company posted $0.67 earnings per share. The firm’s revenue was down 3.0% compared to the same quarter last year. Energizer updated its Q3 2026 guidance to 0.750-0.850 EPS and its FY 2026 guidance to 3.300-3.600 EPS.

Here are the key takeaways from Energizer’s conference call:

• Q2 execution improved margins through disciplined pricing, supply‑chain optimization and cost actions, and management said it now expects to deliver the high end of fiscal 2026 earnings outlook.
• The company expects a Q3 inflection in organic net sales driven by the APS integration, new product innovation (e.g., Energizer Ultimate Child Shield), expanded distribution and targeted pricing.
• Energizer recorded a tariff receivable of $65 million and recognized roughly $48 million in Q2, which management says will support margins though actual cash timing is uncertain.
• Tariffs remain a persistent drag (about $15 million per quarter, ~$60 million annually) and production‑credit benefits are now expected to be ~10–15% lower than originally planned, creating near‑term gross profit headwinds.
• Management trimmed top‑line outlook citing a cautious consumer (softer start to auto‑care peak season, modestly higher promotional activity and private‑label pressure) and noted ~50 bps revenue drag in the quarter from Middle East shipping delays.

Energizer Price Performance

Shares of Energizer stock traded down $1.07 on Tuesday, reaching $18.27. The company’s stock had a trading volume of 1,167,381 shares, compared to its average volume of 1,249,272. The company has a market capitalization of $1.25 billion, a P/E ratio of 6.15 and a beta of 0.80. Energizer has a 52-week low of $16.00 and a 52-week high of $30.29. The stock has a 50-day moving average price of $18.67 and a 200-day moving average price of $20.41. The company has a quick ratio of 1.07, a current ratio of 1.99 and a debt-to-equity ratio of 23.49.

Energizer Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be given a $0.30 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.6%. Energizer’s payout ratio is 40.40%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Canaccord Genuity Group lifted their price target on Energizer from $19.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, April 16th. Barclays lifted their price target on Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 14th. Evercore set a $28.00 price target on Energizer in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research report on Friday, March 27th. Finally, Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and an average price target of $23.43.

Insider Activity at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. acquired 4,200 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was acquired at an average cost of $18.85 per share, for a total transaction of $79,170.00. Following the completion of the transaction, the insider directly owned 7,025,215 shares of the company’s stock, valued at $132,425,302.75. This represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 20,215 shares of company stock valued at $361,302 in the last three months. 1.63% of the stock is owned by insiders.

Institutional Trading of Energizer

Several large investors have recently made changes to their positions in ENR. AQR Capital Management LLC increased its position in shares of Energizer by 20.0% during the first quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock worth $3,220,000 after purchasing an additional 18,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Energizer by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock worth $1,280,000 after purchasing an additional 1,857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Energizer by 8.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock worth $5,299,000 after purchasing an additional 13,216 shares in the last quarter. Norges Bank purchased a new stake in Energizer during the 2nd quarter valued at about $387,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Energizer during the 2nd quarter valued at about $586,000. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Energizer

Here are the key news stories impacting Energizer this week:

• Positive Sentiment: Adjusted EPS materially beat estimates: Adjusted EPS of $0.94 topped consensus (~$0.47), up from $0.67 a year ago, signaling better profitability and operating leverage. Energizer Holdings (ENR) Surpasses Q2 Earnings Estimates
• Positive Sentiment: Big margin improvement and one‑time benefit: Adjusted gross margin rose to ~44.4% aided by a $47.6M tariff refund, which supported the adjusted EPS beat and suggests operating margin upside if cost actions persist. Energizer Holdings gains after seeing ‘significant’ margin improvement in FQ2
• Neutral Sentiment: FY 2026 guidance roughly in line with consensus: Management updated FY EPS to $3.30–$3.60 (consensus ~3.34), and guided to low single‑digit net sales growth and flat organic sales — not a material upside but supports the view of stable full‑year results. Energizer Holdings, Inc. Announces Fiscal 2026 Second Quarter Results
• Neutral Sentiment: Key metric review available for investors: Detailed metric comparisons to estimates and prior year are circulating (useful for model updates). Compared to Estimates, Energizer (ENR) Q2 Earnings: A Look at Key Metrics
• Negative Sentiment: Revenue missed and sales remain soft: Net sales were $643.3M vs. ~$661.9M expected, down ~3% year‑over‑year — weaker topline growth raises questions about demand trends and brand momentum. Energizer (NYSE:ENR) misses Q1 CY2026 revenue estimates
• Negative Sentiment: Q3 guide disappoints vs. Street: Q3 EPS guide of $0.75–$0.85 is well below the ~$0.93 consensus, creating near‑term earnings risk and likely the biggest driver of the stock decline. Energizer Holdings, Inc. Announces Fiscal 2026 Second Quarter Results

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.