Energizer (NYSE:ENR) Upgraded at Zacks Research

Energizer (NYSE:ENR) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

ENR has been the subject of a number of other reports. UBS Group set a $25.00 target price on Energizer and gave the stock a “neutral” rating in a report on Friday, February 6th. Morgan Stanley set a $24.00 price objective on shares of Energizer in a research report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Energizer from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Wall Street Zen lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus target price of $25.29.

Energizer Price Performance

Shares of NYSE ENR opened at $22.70 on Wednesday. The company has a market capitalization of $1.55 billion, a PE ratio of 7.64 and a beta of 0.64. 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 has a twelve month low of $16.77 and a twelve month high of $31.78. The firm has a fifty day simple moving average of $20.79 and a 200 day simple moving average of $23.54.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.31 EPS for the quarter, beating 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 business had revenue of $778.90 million for the quarter, compared to analysts’ expectations of $712.82 million. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. On average, sell-side analysts forecast that Energizer will post 3.58 EPS for the current year.

Insiders Place Their Bets

In other Energizer news, Director Donal L. Mulligan acquired 15,000 shares of Energizer stock in a transaction dated Tuesday, December 2nd. The stock was purchased at an average cost of $17.40 per share, for a total transaction of $261,000.00. Following the completion of the acquisition, the director directly owned 25,000 shares of the company’s stock, valued at $435,000. This represents a 150.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mark Stephen Lavigne bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average cost of $17.11 per share, with a total value of $171,100.00. Following the completion of the transaction, the chief executive officer owned 464,889 shares of the company’s stock, valued at $7,954,250.79. This represents a 2.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 26,000 shares of company stock valued at $449,240 in the last 90 days. 1.63% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Energizer

Several large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in Energizer by 148,623.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. Medina Value Partners LLC purchased a new position in shares of Energizer during the third quarter valued at approximately $17,141,000. LSV Asset Management grew its holdings in Energizer by 24.5% during the third quarter. LSV Asset Management now owns 3,436,574 shares of the company’s stock worth $85,536,000 after buying an additional 675,426 shares in the last quarter. Clarkston Capital Partners LLC raised its position in Energizer by 13.9% in the 2nd quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock valued at $96,554,000 after buying an additional 583,465 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in Energizer by 34.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 1,899,587 shares of the company’s stock valued at $38,296,000 after acquiring an additional 491,794 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

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.