Energizer Holdings, Inc. (NYSE:ENR) Receives $31.43 Average PT from Analysts

Key Points

• Energizer Holdings, Inc. has received an average "Hold" rating from seven analysts, with six recommending a hold and one a buy, alongside a 12-month price target of approximately $31.43.
• The company recently announced a quarterly dividend of $0.30 per share, translating to an annual yield of 4.4%, with the ex-dividend date set for August 21st.
• Energizer reported earnings of $1.13 per share for the last quarter, significantly exceeding analyst expectations of $0.61 and marking a 3.4% year-over-year increase in revenue.

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been given a consensus recommendation of "Hold" by the seven analysts that are covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $31.4286.

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Energizer from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Barclays upped their price objective on shares of Energizer from $24.00 to $27.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. Truist Financial increased their price target on shares of Energizer from $30.00 to $35.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Canaccord Genuity Group decreased their price target on shares of Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. Finally, Wall Street Zen raised shares of Energizer from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th.

Hedge Funds Weigh In On Energizer

Institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can grew its stake in Energizer by 3.3% in the 2nd quarter. Bank of Montreal Can now owns 13,701 shares of the company's stock worth $276,000 after acquiring an additional 435 shares in the last quarter. Vestcor Inc raised its holdings in shares of Energizer by 3.7% in the 1st quarter. Vestcor Inc now owns 13,448 shares of the company's stock valued at $402,000 after purchasing an additional 475 shares in the last quarter. Central Pacific Bank Trust Division raised its holdings in shares of Energizer by 29.4% in the 1st quarter. Central Pacific Bank Trust Division now owns 2,200 shares of the company's stock valued at $66,000 after purchasing an additional 500 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Energizer by 38.9% in the 2nd quarter. Blue Trust Inc. now owns 1,883 shares of the company's stock valued at $38,000 after purchasing an additional 527 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Energizer by 0.3% in the 2nd quarter. Legal & General Group Plc now owns 174,581 shares of the company's stock valued at $3,520,000 after purchasing an additional 542 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

Energizer Trading Up 0.6%

Shares of NYSE:ENR traded up $0.17 during midday trading on Monday, hitting $28.56. 217,646 shares of the stock traded hands, compared to its average volume of 882,401. The stock has a market capitalization of $1.95 billion, a PE ratio of 8.24 and a beta of 0.69. The business's 50 day moving average is $25.03 and its two-hundred day moving average is $25.81. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. Energizer has a one year low of $19.70 and a one year high of $39.51.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.61 by $0.52. The firm had revenue of $725.30 million during the quarter, compared to the consensus estimate of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The company's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.79 earnings per share. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. As a group, research analysts forecast that Energizer will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Thursday, August 21st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, August 21st. Energizer's dividend payout ratio is presently 34.58%.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.