Energizer (NYSE:ENR) Trading Down 6.5% – What’s Next?

Energizer Holdings, Inc. (NYSE:ENR) shares dropped 6.5% during trading on Tuesday . The stock traded as low as $20.55 and last traded at $20.37. Approximately 312,615 shares changed hands during trading, a decline of 73% from the average session volume of 1,168,878 shares. The stock had previously closed at $21.78.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ENR. Canaccord Genuity Group set a $18.00 price target on Energizer in a research note on Wednesday, August 5th. Morgan Stanley reaffirmed a “negative” rating and issued a $21.00 price objective on shares of Energizer in a research note on Tuesday, August 4th. JPMorgan Chase & Co. increased their target price on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Barclays raised their price target on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Wednesday, June 24th. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $21.83.

Energizer Stock Performance

The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07. The stock has a fifty day simple moving average of $21.44 and a two-hundred day simple moving average of $19.84. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 17.43 and a beta of 0.77.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). Energizer had a net margin of 2.73% and a return on equity of 122.63%. The business had revenue of $734.10 million during the quarter, compared to analyst estimates of $720.29 million. During the same period in the prior year, the firm earned $2.13 earnings per share. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Analysts forecast that Energizer Holdings, Inc. will post 3.31 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Wednesday, August 19th. Energizer’s dividend payout ratio is presently 101.69%.

Insider Activity at Energizer

In related news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of Energizer stock in a transaction dated Thursday, July 23rd. The stock was bought at an average price of $20.25 per share, with a total value of $1,215,000.00. Following the transaction, the insider directly owned 7,940,000 shares in the company, valued at $160,785,000. This represents a 0.76% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have purchased 340,000 shares of company stock worth $7,007,000. Company insiders own 1.63% of the company’s stock.

Institutional Investors Weigh In On Energizer

Large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Energizer during the third quarter valued at about $47,000. PNC Financial Services Group Inc. grew its stake in shares of Energizer by 51.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock valued at $31,000 after buying an additional 644 shares during the period. Aster Capital Management DIFC Ltd grew its stake in shares of Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after buying an additional 1,240 shares during the period. Allworth Financial LP bought a new stake in Energizer in the 2nd quarter valued at about $53,000. Finally, Public Employees Retirement System of Ohio increased its position in Energizer by 25.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock valued at $49,000 after buying an additional 503 shares in the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

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.