Shares of Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $21.60 and traded as high as $22.36. Energizer shares last traded at $21.7090, with a volume of 680,583 shares.
Analyst Ratings Changes
Several research firms recently issued reports on ENR. UBS Group set a $22.00 target price on shares of Energizer in a research report on Thursday. Canaccord Genuity Group set a $18.00 price target on shares of Energizer in a research report on Wednesday, August 5th. Morgan Stanley reaffirmed a “negative” rating and set a $21.00 price target on shares of Energizer in a research report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price target 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. Finally, Barclays lifted their price target on shares of Energizer from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $21.67.
Read Our Latest Stock Report on ENR
Energizer Stock Down 1.3%
The stock has a fifty day moving average price of $21.60 and a 200-day moving average price of $20.28. The firm has a market cap of $1.49 billion, a PE ratio of 18.40 and a beta of 0.79. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07.
Energizer (NYSE:ENR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08). Energizer had a return on equity of 122.63% and a net margin of 2.73%. The business had revenue of $734.10 million for the quarter, compared to analysts’ expectations of $720.29 million. During the same period last year, the company posted $2.13 earnings per share. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Research analysts expect that Energizer Holdings, Inc. will post 3.31 EPS for the current year.
Energizer Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, August 19th. Energizer’s dividend payout ratio (DPR) is presently 101.69%.
Insider Transactions at Energizer
In other news, major shareholder Aqua Capital, Ltd. purchased 60,000 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The shares were purchased at an average price of $20.25 per share, with a total value of $1,215,000.00. Following the purchase, the insider directly owned 7,940,000 shares of the company’s stock, valued at approximately $160,785,000. This represents a 0.76% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.63% of the stock is owned by company insiders.
Hedge Funds Weigh In On Energizer
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new stake in Energizer during the 2nd quarter valued at approximately $2,932,000. Cibc World Market Inc. purchased a new stake in Energizer during the 2nd quarter worth approximately $12,710,000. Bank of America Corp DE purchased a new stake in Energizer during the 2nd quarter worth approximately $9,827,000. Wellington Management Group LLP raised its position in shares of Energizer by 14.0% in the 2nd quarter. Wellington Management Group LLP now owns 987,730 shares of the company’s stock valued at $21,177,000 after purchasing an additional 121,676 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Energizer in the 2nd quarter valued at approximately $4,493,000. 93.74% of the stock is owned by hedge funds and other institutional investors.
Energizer Company Profile
Energizer Holdings, Inc is a consumer products company that manufactures and markets batteries and automotive care products. Its battery portfolio includes alkaline, specialty and rechargeable batteries sold under brands such as Energizer, Eveready, Rayovac and Varta in select markets. The company’s products are used in household devices, electronics, toys, lighting equipment and other portable applications.
Energizer also offers automotive appearance, performance and maintenance products.
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