Energizer (NYSE:ENR) Issues Q3 2026 Earnings Guidance

Key Points

• Q3 EPS guidance: Energizer set Q3 2026 EPS guidance of $0.75–$0.85, below the Street consensus of $0.93, and updated FY2026 guidance to $3.30–$3.60.
• Dividend: The company declared a quarterly dividend of $0.30 (annualized $1.20), implying a yield of about 6.2%, with record date May 20 and payment June 10.
• Recent results and valuation: Despite the guidance cut, Energizer beat last-quarter EPS at $0.94 versus $0.47 expected; shares trade near $19.33 with a P/E of about 6.5 and a market cap around $1.3 billion.

Energizer (NYSE:ENR - Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.750-0.850 for the period, compared to the consensus estimate of 0.930. The company issued revenue guidance of -. Energizer also updated its FY 2026 guidance to 3.300-3.600 EPS.

Wall Street Analysts Forecast Growth

ENR has been the subject of a number of recent research reports. JPMorgan Chase & Co. reduced their price objective on shares of Energizer from $24.00 to $21.00 and set a "neutral" rating for the company in a research note on Friday, April 17th. Morgan Stanley set a $24.00 price objective on shares of Energizer in a research note on Monday, February 9th. Zacks Research raised shares of Energizer from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 11th. Evercore set a $28.00 price target on shares of Energizer in a research note on Tuesday, February 10th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Energizer in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.43.

Energizer Stock Performance

Shares of Energizer stock opened at $19.33 on Tuesday. The company has a debt-to-equity ratio of 23.49, a quick ratio of 1.07 and a current ratio of 1.99. The business's 50 day moving average price is $18.67 and its 200 day moving average price is $20.41. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 6.51 and a beta of 0.80. Energizer has a one year low of $16.00 and a one year 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 for the quarter, compared to analyst estimates of $661.92 million. Energizer had a return on equity of 143.24% and a net margin of 7.11%.Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. On average, research analysts predict that Energizer will post 3.37 EPS for the current year.

Energizer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.2%. The ex-dividend date is Wednesday, May 20th. Energizer's payout ratio is presently 40.40%.

Insider Activity

In other news, major shareholder Aqua Capital, Ltd. purchased 4,200 shares of Energizer stock in a transaction dated Wednesday, April 15th. The shares were purchased at an average price of $18.85 per share, with a total value of $79,170.00. Following the transaction, the insider owned 7,025,215 shares in the company, valued at $132,425,302.75. This represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have purchased 20,215 shares of company stock worth $361,302. 1.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ENR. MAC Alpha Capital Management LP acquired a new position in Energizer during the 4th quarter worth about $8,330,000. Wellington Management Group LLP grew its stake in shares of Energizer by 69.4% during the fourth quarter. Wellington Management Group LLP now owns 903,293 shares of the company's stock worth $17,966,000 after purchasing an additional 370,216 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Energizer in the 4th quarter valued at about $7,176,000. Goldman Sachs Group Inc. raised its holdings in Energizer by 16.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company's stock worth $46,717,000 after purchasing an additional 323,363 shares in the last quarter. Finally, Millennium Management LLC lifted its position in Energizer by 528.4% in the third quarter. Millennium Management LLC now owns 257,123 shares of the company's stock valued at $6,400,000 after acquiring an additional 216,206 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors and hedge funds.

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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