Energizer (NYSE:ENR) Stock Crosses Below 50-Day Moving Average – Here’s Why

Energizer Holdings, Inc. (NYSE:ENR) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.24 and traded as low as $16.67. Energizer shares last traded at $16.9150, with a volume of 961,578 shares changing hands.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ENR. Canaccord Genuity Group set a $19.00 target price on Energizer in a research note on Monday, February 9th. Morgan Stanley set a $24.00 price target on Energizer in a research note on Monday, February 9th. UBS Group set a $25.00 price objective on Energizer and gave the company a “neutral” rating in a report on Friday, February 6th. Evercore set a $28.00 price objective on Energizer in a research note on Tuesday, February 10th. Finally, Barclays set a $22.00 target price on Energizer in a report on Friday, January 16th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Energizer has a consensus rating of “Hold” and a consensus price target of $25.29.

Energizer Price Performance

The firm has a 50-day simple moving average of $20.24 and a two-hundred day simple moving average of $21.63. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 5.70 and a beta of 0.64. The company has a current ratio of 1.99, a quick ratio of 1.07 and a debt-to-equity ratio of 23.49.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.05. Energizer had a return on equity of 143.24% and a net margin of 7.11%.The business had revenue of $778.90 million during the quarter, compared to analysts’ expectations of $712.82 million. During the same quarter in the previous year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. As a group, analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 dividend on an annualized basis and a yield of 7.1%. Energizer’s payout ratio is presently 40.40%.

Institutional Investors Weigh In On Energizer

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake in shares of Energizer by 20.0% in the 1st quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock valued at $3,220,000 after purchasing an additional 18,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Energizer by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after buying an additional 1,857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Energizer by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock valued at $5,299,000 after buying an additional 13,216 shares in the last quarter. Creative Planning increased its holdings in Energizer by 173.8% in the second quarter. Creative Planning now owns 51,628 shares of the company’s stock valued at $1,041,000 after buying an additional 32,772 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Energizer by 0.3% in the second quarter. Legal & General Group Plc now owns 174,581 shares of the company’s stock worth $3,520,000 after acquiring an additional 542 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

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.