Energizer Holdings, Inc. (NYSE:ENR) Given Consensus Recommendation of "Reduce" by Brokerages

Key Points

• Analysts remain cautious on Energizer: Seven analysts collectively rate the stock “Reduce,” with one sell rating and six holds. The average 12-month price target is $21.83, modestly above the reported $20.06 share price.
• Energizer’s latest quarterly results fell short on earnings, reporting $0.75 EPS versus an $0.83 consensus, although revenue rose 1.2% year over year to $734.1 million and exceeded estimates.
• Insiders and institutions have been adding shares, while the company maintains a $0.30 quarterly dividend. The annualized $1.20 payout implies a roughly 6% dividend yield, but the payout ratio is elevated at 101.69%.

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been assigned an average recommendation of "Reduce" from the seven analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $21.8333.

Several equities analysts have issued reports on the company. Morgan Stanley reissued a "negative" rating and issued a $21.00 price target on shares of Energizer in a research note on Tuesday, August 4th. UBS Group raised their price objective on shares of Energizer from $21.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on shares of Energizer from $19.00 to $22.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Energizer in a research report on Wednesday, June 24th. Finally, Barclays increased their target price on shares of Energizer from $18.00 to $19.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st.

Insider Buying and Selling at Energizer

In related news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of the business's stock in a transaction dated Monday, July 20th. The shares were bought at an average price of $20.02 per share, with a total value of $1,201,200.00. Following the transaction, the insider directly owned 7,820,000 shares of the company's stock, valued at $156,556,400. This trade represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have bought a total of 340,000 shares of company stock worth $7,007,000 in the last quarter. 1.63% of the stock is currently owned by corporate insiders.

Institutional Trading of Energizer

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENR. AQR Capital Management LLC boosted its holdings in Energizer by 20.0% in the first quarter. AQR Capital Management LLC now owns 108,822 shares of the company's stock worth $3,220,000 after acquiring an additional 18,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 acquiring an additional 1,857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised 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 worth $5,299,000 after purchasing an additional 13,216 shares during the period. Norges Bank bought a new position in shares of Energizer in the 2nd quarter worth $387,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Energizer in the 2nd quarter worth $586,000. 93.74% of the stock is owned by institutional investors.

Energizer Stock Performance

Shares of Energizer stock opened at $20.06 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 16.22. The business has a 50-day moving average price of $21.29 and a two-hundred day moving average price of $19.76. Energizer has a 1-year low of $15.75 and a 1-year high of $30.29. The company has a market cap of $1.37 billion, a P/E ratio of 17.00 and a beta of 0.77.

Energizer (NYSE:ENR - Get Free Report) 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. As a group, analysts anticipate that Energizer will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, August 19th. This represents a $1.20 annualized dividend and a dividend yield of 6.0%. Energizer's dividend payout ratio is currently 101.69%.

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.

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