Brokerages Set Energizer Holdings, Inc. (NYSE:ENR) Target Price at $24.00

Shares of Energizer Holdings, Inc. (NYSE:ENRGet Free Report) have earned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $24.00.

Several analysts have commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. UBS Group upped their price target on Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. increased their price objective on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Barclays lifted their price objective on Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, Canaccord Genuity Group decreased their target price on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th.

Read Our Latest Analysis on ENR

Energizer Stock Up 1.2%

Shares of Energizer stock opened at $20.90 on Thursday. Energizer has a 1 year low of $15.75 and a 1 year high of $30.29. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 7.65 and a beta of 0.75. The company has a 50-day moving average of $19.98 and a 200 day moving average of $19.78. The company has a debt-to-equity ratio of 19.08, a current ratio of 2.05 and a quick ratio of 1.03.

Energizer (NYSE:ENRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 144.22% and a net margin of 6.55%.The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $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, sell-side analysts anticipate that Energizer will post 3.56 earnings per share for the current fiscal year.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.30 per share. The ex-dividend date was Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 5.7%. Energizer’s dividend payout ratio is 43.96%.

Insider Buying and Selling

In other news, major shareholder Aqua Capital, Ltd. acquired 40,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average price of $20.67 per share, with a total value of $826,800.00. Following the completion of the acquisition, the insider directly owned 7,480,000 shares of the company’s stock, valued at approximately $154,611,600. The trade was a 0.54% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 378,681 shares of company stock valued at $7,171,391. Insiders own 1.63% of the company’s stock.

Hedge Funds Weigh In On Energizer

Several large investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its holdings in Energizer by 25.5% in the 4th 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 during the last quarter. SkyView Investment Advisors LLC increased its holdings in Energizer by 2.5% during the 4th quarter. SkyView Investment Advisors LLC now owns 23,608 shares of the company’s stock worth $470,000 after acquiring an additional 568 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Energizer by 51.6% in 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 period. SummitTX Capital L.P. raised its holdings in shares of Energizer by 2.3% in the 1st quarter. SummitTX Capital L.P. now owns 34,246 shares of the company’s stock valued at $562,000 after acquiring an additional 781 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its stake in Energizer by 4.1% in the fourth quarter. Krane Funds Advisors LLC now owns 22,112 shares of the company’s stock valued at $440,000 after purchasing an additional 873 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

About Energizer

(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.

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Analyst Recommendations for Energizer (NYSE:ENR)

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