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

Key Points

• Analysts maintain a cautious view: Energizer has a consensus “Reduce” rating, with one sell and six hold recommendations. The average 12-month price target is $21.83, below the stock’s reported $22.77 price.
• Quarterly earnings missed expectations: Energizer reported adjusted EPS of $0.75 versus the $0.83 consensus estimate, although revenue rose 1.2% year over year to $734.1 million.
• The company offers a sizable dividend: Energizer announced a quarterly dividend of $0.30 per share, representing an annualized payout of $1.20 and a 5.3% yield; its payout ratio is approximately 101.7%.

Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) has been assigned an average recommendation of "Reduce" from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $21.8333.

Several brokerages have recently weighed in on ENR. Weiss Ratings reiterated a "hold (c-)" rating on shares of Energizer in a report on Wednesday, June 24th. Canaccord Genuity Group set a $18.00 target price on shares of Energizer in a research note on Wednesday, August 5th. UBS Group increased their price target on Energizer from $21.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Morgan Stanley reaffirmed a "negative" rating and issued a $21.00 price objective on shares of Energizer in a research note on Tuesday, August 4th. Finally, Barclays raised their target price on shares of Energizer from $18.00 to $19.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st.

Insider Activity

In related news, major shareholder Aqua Capital, Ltd. purchased 81,609 shares of Energizer stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average cost of $16.18 per share, with a total value of $1,320,433.62. Following the transaction, the insider owned 7,106,824 shares in the company, valued at approximately $114,988,412.32. The trade was a 1.16% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders acquired 538,681 shares of company stock valued at $10,406,791. Company insiders own 1.63% of the company's stock.

Hedge Funds Weigh In On Energizer

A number of large investors have recently added to or reduced their stakes in the company. Freestone Grove Partners LP purchased a new stake in shares of Energizer during the second quarter valued at about $392,000. Man Group plc purchased a new stake in Energizer during the second quarter valued at approximately $4,604,000. Lotus Technology Management LP acquired a new stake in Energizer in the second quarter valued at approximately $578,000. Jupiter Topco LLC purchased a new position in Energizer in the second quarter worth $10,116,000. Finally, Legal & General Group Plc acquired a new position in shares of Energizer during the second quarter worth $2,932,000. 93.74% of the stock is currently owned by institutional investors.

Energizer Stock Performance

NYSE ENR opened at $22.77 on Monday. The business's 50 day moving average price is $21.14 and its 200-day moving average price is $19.91. Energizer has a fifty-two week low of $15.75 and a fifty-two week high of $30.29. The company has a market cap of $1.56 billion, a P/E ratio of 19.29 and a beta of 0.75. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07.

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

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.3%. 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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