Energizer Holdings, Inc. (NYSE:ENR) Receives Average Rating of “Hold” from Brokerages

Shares of Energizer Holdings, Inc. (NYSE:ENR) have received a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $23.1429.

Several research firms have recently issued reports on ENR. Weiss Ratings reissued 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 $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their target price on Energizer from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Barclays cut their target price on Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group lowered their price target on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th.

Energizer Price Performance

Shares of Energizer stock opened at $21.74 on Friday. The company’s fifty day simple moving average is $19.37 and its two-hundred day simple moving average is $19.74. Energizer has a 12-month low of $15.75 and a 12-month high of $30.29. The firm has a market cap of $1.49 billion, a PE ratio of 7.96 and a beta of 0.75. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47. The firm had revenue of $643.30 million during the quarter, compared to the consensus estimate of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, equities analysts expect that Energizer will post 3.55 EPS for the current year.

Energizer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Wednesday, May 20th. Energizer’s dividend payout ratio (DPR) is currently 43.96%.

Insider Transactions at Energizer

In other news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average price of $16.18 per share, for a total transaction of $1,320,433.62. Following the completion of the purchase, the insider owned 7,106,824 shares in the company, valued at approximately $114,988,412.32. This represents a 1.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have bought 298,896 shares of company stock valued at $5,466,692 over the last three months. 1.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Energizer

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENR. AQR Capital Management LLC increased its holdings in shares of Energizer by 20.0% in the 1st 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. lifted its holdings 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 valued at $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 boosted 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 valued at $5,299,000 after buying an additional 13,216 shares during the last quarter. Norges Bank bought a new stake in Energizer in the 2nd quarter worth about $387,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Energizer in the 2nd quarter worth about $586,000. 93.74% of the stock is 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.