Analysts Set Energizer Holdings, Inc. (NYSE:ENR) Target Price at $23.14

Energizer Holdings, Inc. (NYSE:ENR) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $23.1429.

Several research analysts have recently commented on ENR shares. Canaccord Genuity Group cut 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. Zacks Research upgraded shares of Energizer from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Morgan Stanley set a $24.00 target price on shares of Energizer in a research report on Monday, February 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research note on Friday, March 27th. Finally, UBS Group raised their price target on Energizer from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th.

Insider Buying and Selling

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 81,609 shares of the stock in a transaction on Wednesday, May 20th. The stock was acquired at an average cost of $16.18 per share, with a total value of $1,320,433.62. Following the completion of the purchase, the insider directly owned 7,106,824 shares of the company’s stock, valued at approximately $114,988,412.32. This trade represents a 1.16% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders have acquired 218,896 shares of company stock valued at $3,761,092. 1.63% of the stock is owned by company insiders.

Institutional Investors Weigh In On Energizer

Institutional investors have recently bought and sold shares of the stock. Huntington National Bank increased its stake in Energizer by 1,836.1% in the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after purchasing an additional 1,120 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Energizer during the third quarter valued at approximately $47,000. PNC Financial Services Group Inc. grew its holdings in shares of Energizer by 51.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after purchasing an additional 644 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Energizer by 93.8% in the third quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock worth $50,000 after purchasing an additional 964 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd increased its stake in shares of 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 buying an additional 1,240 shares during the period. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Trading Up 0.1%

Shares of ENR opened at $19.46 on Wednesday. Energizer has a twelve month low of $15.75 and a twelve month high of $30.29. The stock has a market cap of $1.33 billion, a PE ratio of 7.13 and a beta of 0.78. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. The business’s 50-day moving average price is $18.20 and its 200-day moving average price is $19.37.

Energizer (NYSE:ENR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.47. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The company had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. During the same period last year, the business earned $0.67 earnings per share. Energizer’s revenue was down 3.0% compared to the same quarter last year. 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, equities analysts forecast that Energizer will post 3.55 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Energizer’s dividend payout ratio (DPR) is currently 43.96%.

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.