Barclays Increases Energizer (NYSE:ENR) Price Target to $19.00

Energizer (NYSE:ENR) had its price target boosted by Barclays from $18.00 to $19.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s target price indicates a potential downside of 7.43% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. UBS Group raised their target price on shares of Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Canaccord Genuity Group dropped their price target on shares of Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $24.00.

Energizer Stock Performance

NYSE:ENR opened at $20.52 on Tuesday. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. The stock has a 50-day simple moving average of $19.82 and a two-hundred day simple moving average of $19.76. The firm has a market capitalization of $1.41 billion, a PE ratio of 7.52 and a beta of 0.75. Energizer has a 52-week low of $15.75 and a 52-week high of $30.29.

Energizer (NYSE:ENR) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The firm had revenue of $643.30 million for the quarter, compared to the consensus estimate of $661.92 million. During the same quarter last year, the company earned $0.67 earnings per share. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Analysts forecast that Energizer will post 3.56 EPS for the current year.

Insider Buying and Selling

In related news, major shareholder Aqua Capital, Ltd. acquired 40,000 shares of the company’s stock in a transaction on Friday, July 10th. The stock was acquired at an average price of $20.67 per share, with a total value of $826,800.00. Following the acquisition, the insider directly owned 7,480,000 shares of the company’s stock, valued at approximately $154,611,600. This trade represents a 0.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have acquired 378,681 shares of company stock valued at $7,171,391. 1.63% of the stock is owned by insiders.

Hedge Funds Weigh In On Energizer

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Clarkston Capital Partners LLC increased its stake in Energizer by 9.7% in the 4th quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock worth $84,085,000 after acquiring an additional 372,465 shares during the last quarter. LSV Asset Management boosted its position in shares of Energizer by 3.4% during the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after acquiring an additional 116,900 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Energizer by 148,623.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock valued at $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. State Street Corp grew its holdings in shares of Energizer by 0.5% in the fourth quarter. State Street Corp now owns 2,490,608 shares of the company’s stock valued at $49,538,000 after purchasing an additional 13,200 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Energizer by 16.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock valued at $46,717,000 after purchasing an additional 323,363 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

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.