Shares of Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) have received an average recommendation of “Hold” from the eight analysts that are presently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $24.00.
ENR has been the topic of a number of recent analyst reports. Canaccord Genuity Group cut their price objective 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 restated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. UBS Group upped their target price on Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Barclays increased their price target on Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th.
Read Our Latest Analysis on ENR
Energizer Trading Up 2.2%
Energizer (NYSE:ENR – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. The company had revenue of $643.30 million during the quarter, compared to analysts’ expectations of $661.92 million. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. 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, analysts forecast that Energizer will post 3.56 earnings per share for the current fiscal year.
Energizer Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $0.30 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. Energizer’s dividend payout ratio (DPR) is presently 43.96%.
Insider Buying and Selling
In other news, major shareholder Aqua Capital, Ltd. bought 81,609 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the transaction, the insider directly owned 7,106,824 shares in the company, valued at approximately $114,988,412.32. The trade was a 1.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last quarter, insiders have acquired 378,681 shares of company stock valued at $7,171,391. Company insiders own 1.63% of the company’s stock.
Institutional Investors Weigh In On Energizer
Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in shares of Energizer by 70.5% in the second quarter. GAMMA Investing LLC now owns 2,898 shares of the company’s stock worth $62,000 after purchasing an additional 1,198 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Energizer during the 1st quarter worth about $1,212,000. Bank of America Corp DE boosted its stake in Energizer by 34.2% during the 1st quarter. Bank of America Corp DE now owns 491,155 shares of the company’s stock valued at $8,065,000 after purchasing an additional 125,264 shares during the period. Janus Henderson Group PLC boosted its stake in Energizer by 1,561.6% during the 1st quarter. Janus Henderson Group PLC now owns 453,952 shares of the company’s stock valued at $7,454,000 after purchasing an additional 426,632 shares during the period. Finally, Amundi grew its holdings in Energizer by 54.4% in the 1st quarter. Amundi now owns 29,923 shares of the company’s stock valued at $491,000 after buying an additional 10,547 shares during the last quarter. 93.74% of the stock is 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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