Energizer Holdings, Inc. (NYSE:ENR) Stock Has Consensus Price Target of $21.83

Shares of Energizer Holdings, Inc. (NYSE:ENR) have earned an average rating of “Reduce” from the seven research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $21.83.

Several analysts have weighed in on ENR shares. Canaccord Genuity Group set a $18.00 price target on Energizer in a research note on Wednesday, August 5th. Weiss Ratings cut Energizer from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. Morgan Stanley restated a “negative” rating and issued a $21.00 price objective on shares of Energizer in a research note on Tuesday, August 4th. UBS Group lifted their target price on Energizer from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Barclays upped their target price on Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st.

Insider Transactions at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was acquired at an average cost of $20.02 per share, for a total transaction of $1,201,200.00. Following the purchase, the insider owned 7,820,000 shares in the company, valued at approximately $156,556,400. The trade was a 0.77% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have purchased 160,000 shares of company stock worth $3,235,400. Company insiders own 1.63% of the company’s stock.

Institutional Trading of Energizer

A number of hedge funds and other institutional investors have recently made changes to their positions in ENR. BlackRock Inc. acquired a new stake in Energizer during the 2nd quarter worth about $201,796,000. Clarkston Capital Partners LLC raised its position in Energizer by 9.7% during the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock worth $84,085,000 after acquiring an additional 372,465 shares during the period. Gamco Investors INC. ET AL raised its position in Energizer by 0.8% during the first quarter. Gamco Investors INC. ET AL now owns 2,060,431 shares of the company’s stock worth $33,832,000 after acquiring an additional 16,637 shares during the period. Armistice Capital LLC purchased a new position in Energizer during the fourth quarter valued at $20,606,000. Finally, Bank of New York Mellon Corp purchased a new position in Energizer during the second quarter valued at $22,040,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

Energizer Trading Down 0.6%

NYSE:ENR opened at $21.31 on Tuesday. The company has a market capitalization of $1.46 billion, a P/E ratio of 18.06 and a beta of 0.79. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. Energizer has a 12 month low of $15.75 and a 12 month high of $25.35. The firm has a fifty day simple moving average of $21.61 and a 200-day simple moving average of $20.11.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.08). The firm had revenue of $734.10 million during the quarter, compared to analyst estimates of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. Energizer’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.13 earnings per share. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. On average, equities research analysts anticipate that Energizer will post 3.31 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.6%. Energizer’s dividend payout ratio (DPR) is currently 101.69%.

Energizer Company Profile

Energizer Holdings, Inc is a consumer products company that manufactures and markets batteries and automotive care products. Its battery portfolio includes alkaline, specialty and rechargeable batteries sold under brands such as Energizer, Eveready, Rayovac and Varta in select markets. The company’s products are used in household devices, electronics, toys, lighting equipment and other portable applications.

Energizer also offers automotive appearance, performance and maintenance products.