Energizer (NYSE:ENR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Energizer (NYSE:ENRGet Free Report) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $19.00 to $22.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 8.87% from the company’s current price.

Other analysts have also issued reports about the company. Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. Barclays decreased their price objective on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Finally, UBS Group boosted their price objective on Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $23.86.

Read Our Latest Report on ENR

Energizer Stock Down 2.1%

ENR opened at $20.21 on Thursday. Energizer has a twelve month low of $15.75 and a twelve month high of $30.29. The company’s 50-day moving average price is $19.65 and its two-hundred day moving average price is $19.76. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 7.40 and a beta of 0.75. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08.

Energizer (NYSE:ENRGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.47. The company had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. Energizer had a net margin of 6.55% and a return on equity of 144.22%. Energizer’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 EPS. 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 expect that Energizer will post 3.55 earnings per share for the current year.

Insider Activity at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. acquired 81,609 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the completion of the acquisition, the insider owned 7,106,824 shares of the company’s stock, valued at $114,988,412.32. This trade represents a 1.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders bought a total of 378,681 shares of company stock worth $7,171,391 over the last ninety days. 1.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Energizer

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in shares of Energizer by 51.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after buying an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Energizer by 148.1% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after acquiring an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Energizer in the third quarter worth $47,000. Public Employees Retirement System of Ohio grew its position in Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after acquiring an additional 503 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in Energizer in the fourth quarter valued at $60,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Energizer Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Energizer (NYSE:ENR)

Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.