Energizer Holdings, Inc. (NYSE:ENR) Receives Consensus Rating of "Reduce" from Analysts

Key Points

• Analysts maintain a cautious outlook: Energizer has a consensus “Reduce” rating, with one sell and six hold recommendations. The average 12-month price target is $21.83, near the stock’s reported $21.21 price.
• Quarterly results were mixed: Energizer reported earnings of $0.75 per share, below the $0.83 consensus estimate, while revenue of $734.1 million exceeded expectations and increased 1.2% year over year.
• The company offers a high dividend yield: Energizer pays a quarterly dividend of $0.30, or $1.20 annually, representing a 5.7% yield; however, its payout ratio is elevated at 101.69%. Insiders have also purchased $4.47 million of shares over the past three months.

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been assigned an average rating of "Reduce" from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $21.83.

ENR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on Energizer from $19.00 to $22.00 and gave the stock a "neutral" rating in a report on Thursday, July 16th. Canaccord Genuity Group set a $18.00 target price on Energizer in a research note on Wednesday, August 5th. Weiss Ratings raised Energizer from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, September 21st. UBS Group boosted their price target on Energizer from $21.00 to $23.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Finally, Morgan Stanley reaffirmed a "negative" rating and issued a $21.00 price objective on shares of Energizer in a report on Tuesday, August 4th.

Energizer Stock Performance

NYSE ENR opened at $21.21 on Tuesday. The firm has a 50-day moving average of $21.60 and a 200-day moving average of $20.01. 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 market cap of $1.45 billion, a PE ratio of 17.97 and a beta of 0.79. Energizer has a 52-week low of $15.75 and a 52-week high of $25.35.

Energizer (NYSE:ENR - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.08). The company had revenue of $734.10 million for the quarter, compared to the consensus estimate of $720.29 million. Energizer had a return on equity of 122.63% and a net margin of 2.73%.The business's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.13 EPS. 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, sell-side analysts anticipate that Energizer will post 3.31 EPS for the current year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Wednesday, August 19th. Energizer's payout ratio is presently 101.69%.

Insider Activity

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the firm's stock in a transaction that occurred on Thursday, July 23rd. The shares were acquired at an average cost of $20.25 per share, for a total transaction of $1,215,000.00. Following the completion of the purchase, the insider owned 7,940,000 shares of the company's stock, valued at approximately $160,785,000. The trade was a 0.76% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought a total of 220,000 shares of company stock valued at $4,469,000 over the last three months. Insiders own 1.63% of the company's stock.

Institutional Trading of Energizer

Several hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its holdings in 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 purchasing an additional 644 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Energizer during the second quarter worth approximately $37,000. Allworth Financial LP acquired a new stake in shares of Energizer in the second quarter valued at approximately $53,000. GAMMA Investing LLC raised its position in shares of Energizer by 70.5% in the second quarter. GAMMA Investing LLC now owns 2,898 shares of the company's stock valued at $62,000 after buying an additional 1,198 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Energizer in the second quarter valued at approximately $66,000. Institutional investors and hedge funds own 93.74% of the company's stock.

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.

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