Energizer Holdings, Inc. (NYSE:ENR) Given Consensus Recommendation of “Hold” by Brokerages

Energizer Holdings, Inc. (NYSE:ENR) has been given an average rating of “Hold” by the eight ratings firms that are covering the stock, MarketBeat.com 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 12 month price target among brokers that have covered the stock in the last year is $23.1429.

ENR has been the subject of several recent research reports. Evercore set a $28.00 price target on Energizer in a research note on Tuesday, February 10th. Barclays cut their price target on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Canaccord Genuity Group cut their price target on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Morgan Stanley set a $24.00 price target on Energizer in a research note on Monday, February 9th. Finally, Zacks Research upgraded Energizer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th.

Insiders Place Their Bets

In other Energizer news, major shareholder Aqua Capital, Ltd. bought 38,006 shares of the business’s stock in a transaction on Monday, June 1st. The stock was purchased at an average cost of $18.21 per share, for a total transaction of $692,089.26. Following the completion of the purchase, the insider directly owned 7,200,000 shares of the company’s stock, valued at approximately $131,112,000. This trade represents a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders acquired 183,210 shares of company stock worth $3,103,042 in the last three months. 1.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Energizer

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Huntington National Bank lifted its stake in Energizer by 1,836.1% during the third quarter. Huntington National Bank now owns 1,181 shares of the company’s stock worth $29,000 after purchasing an additional 1,120 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after purchasing an additional 644 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its stake in Energizer by 148.1% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after purchasing an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Energizer during the third quarter worth $47,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Energizer by 25.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after purchasing an additional 503 shares during the last quarter. 93.74% of the stock is currently owned by institutional investors.

Energizer Trading Down 0.6%

Shares of ENR stock opened at $18.29 on Wednesday. The company has a current ratio of 2.05, a quick ratio of 1.03 and a debt-to-equity ratio of 19.08. The stock has a market cap of $1.25 billion, a P/E ratio of 6.70 and a beta of 0.78. The stock has a 50 day simple moving average of $18.04 and a 200 day simple moving average of $19.52. Energizer has a 1 year low of $15.75 and a 1 year high of $30.29.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.47. The business 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 firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $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, research analysts predict that Energizer will post 3.55 earnings per share for the current fiscal year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 6.6%. Energizer’s dividend payout ratio is presently 43.96%.

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.