Energizer (NYSE:ENR) Given New $17.00 Price Target at UBS Group

Energizer (NYSE:ENRFree Report) had its price target reduced by UBS Group from $25.00 to $17.00 in a report released on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

A number of other equities analysts also recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Energizer from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Canaccord Genuity Group set a $19.00 price target on Energizer in a research report on Monday, February 9th. Barclays set a $22.00 price target on Energizer in a research report on Friday, January 16th. Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Evercore set a $28.00 target price on shares of Energizer in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Energizer has an average rating of “Hold” and a consensus target price of $24.14.

Read Our Latest Research Report on ENR

Energizer Trading Down 1.0%

Energizer stock opened at $16.68 on Tuesday. The stock has a 50-day simple moving average of $19.77 and a 200 day simple moving average of $21.09. The stock has a market capitalization of $1.14 billion, a P/E ratio of 5.62 and a beta of 0.71. The company has a debt-to-equity ratio of 23.49, a quick ratio of 1.07 and a current ratio of 1.99. Energizer has a 52 week low of $16.00 and a 52 week high of $30.29.

Energizer (NYSE:ENRGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. The firm had revenue of $778.90 million for the quarter, compared to the consensus estimate of $712.82 million. Energizer had a return on equity of 143.24% and a net margin of 7.11%.The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 earnings per share. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. Analysts expect that Energizer will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 18th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 annualized dividend and a dividend yield of 7.2%. Energizer’s payout ratio is presently 40.40%.

Institutional Trading of Energizer

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Clarkston Capital Partners LLC raised 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 purchasing an additional 372,465 shares in the last quarter. LSV Asset Management raised its stake in Energizer by 3.4% in the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock worth $70,679,000 after purchasing an additional 116,900 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Energizer by 148,623.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after purchasing an additional 2,792,643 shares in the last quarter. State Street Corp raised its stake in Energizer by 0.5% in the 4th quarter. State Street Corp now owns 2,490,608 shares of the company’s stock worth $49,538,000 after purchasing an additional 13,200 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Energizer by 16.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock worth $46,717,000 after purchasing an additional 323,363 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

About Energizer

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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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