Energizer Holdings, Inc. (NYSE:ENR) Given Average Rating of "Hold" by Brokerages

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been given a consensus recommendation of "Hold" by the eight research firms that are presently covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $23.1429.

Several equities analysts have commented on the stock. Zacks Research upgraded shares of Energizer from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 11th. Morgan Stanley set a $24.00 price target on shares of Energizer in a research note on Monday, February 9th. Weiss Ratings restated a "hold (c-)" rating on shares of Energizer in a research note on Friday, March 27th. UBS Group boosted their price target on shares of Energizer from $17.00 to $19.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Evercore set a $28.00 price target on shares of Energizer in a research note on Tuesday, February 10th.

Energizer Stock Performance

NYSE:ENR opened at $18.86 on Friday. The company has a fifty day simple moving average of $18.42 and a two-hundred day simple moving average of $20.29. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 6.91 and a beta of 0.81. The company has a quick ratio of 1.07, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. Energizer has a 52 week low of $16.00 and a 52 week high of $30.29.

Energizer (NYSE:ENR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.47 by $0.47. The business had revenue of $643.30 million during the quarter, compared to the consensus estimate of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The company's quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, equities analysts anticipate that Energizer will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.4%. Energizer's payout ratio is presently 43.96%.

Insider Activity at Energizer

In other news, major shareholder Aqua Capital, Ltd. bought 14,372 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was purchased at an average price of $17.47 per share, for a total transaction of $251,078.84. Following the completion of the purchase, the insider owned 7,019,372 shares in the company, valued at approximately $122,628,428.84. This trade represents a 0.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired a total of 20,215 shares of company stock worth $361,302 in the last three months. Insiders own 1.63% of the company's stock.

Hedge Funds Weigh In On Energizer

A number of institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in shares of Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company's stock worth $31,000 after purchasing an additional 644 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in shares of Energizer by 24.2% during the first quarter. Illinois Municipal Retirement Fund now owns 38,221 shares of the company's stock worth $628,000 after purchasing an additional 7,439 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of Energizer by 106.8% during the first quarter. Sanctuary Advisors LLC now owns 42,653 shares of the company's stock worth $700,000 after purchasing an additional 22,023 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Energizer by 32.8% during the first quarter. Principal Financial Group Inc. now owns 385,797 shares of the company's stock worth $6,335,000 after purchasing an additional 95,349 shares in the last quarter. Finally, J. Safra Sarasin Holding AG acquired a new position in shares of Energizer during the first quarter worth $186,000. Institutional investors and hedge funds 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.

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