JPMorgan Chase & Co. Lowers Energizer (NYSE:ENR) Price Target to $21.00

Energizer (NYSE:ENR) had its price objective reduced by analysts at JPMorgan Chase & Co. from $24.00 to $21.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 2.56% from the stock’s current price.

A number of other equities analysts also recently commented on ENR. Evercore set a $28.00 price objective on shares of Energizer in a report on Tuesday, February 10th. Canaccord Genuity Group raised their price objective on shares of Energizer from $19.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday. UBS Group reduced their price objective on shares of Energizer from $25.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Morgan Stanley set a $24.00 price objective on shares of Energizer in a report on Monday, February 9th. Finally, Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $23.43.

Energizer Price Performance

Shares of Energizer stock opened at $20.48 on Friday. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. Energizer has a fifty-two week low of $16.00 and a fifty-two week high of $30.29. The firm has a fifty day moving average price of $19.21 and a two-hundred day moving average price of $20.73. The company has a market cap of $1.40 billion, a PE ratio of 6.89 and a beta of 0.71.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The firm had revenue of $778.90 million during the quarter, compared to the consensus estimate of $712.82 million. During the same period in the prior year, the firm earned $0.67 EPS. The business’s revenue was up 6.5% on a year-over-year basis. 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 EPS for the current year.

Insider Activity

In other news, major shareholder Aqua Capital, Ltd. bought 4,200 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was acquired at an average price of $18.85 per share, for a total transaction of $79,170.00. Following the transaction, the insider directly owned 7,025,215 shares of the company’s stock, valued at $132,425,302.75. This trade represents a 0.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders have bought 20,215 shares of company stock worth $361,302. Company insiders own 1.63% of the company’s stock.

Institutional Investors Weigh In On Energizer

Hedge funds have recently made changes to their positions in the company. Jackson Creek Investment Advisors LLC acquired a new stake in shares of Energizer during the 3rd quarter worth about $1,240,000. Kettle Hill Capital Management LLC increased its position in shares of Energizer by 438.2% during the 3rd quarter. Kettle Hill Capital Management LLC now owns 553,815 shares of the company’s stock worth $13,784,000 after purchasing an additional 450,921 shares in the last quarter. NewSquare Capital LLC increased its position in shares of Energizer by 110.0% during the 3rd quarter. NewSquare Capital LLC now owns 233,892 shares of the company’s stock worth $5,822,000 after purchasing an additional 122,530 shares in the last quarter. WBI Investments LLC acquired a new stake in shares of Energizer during the 3rd quarter worth about $1,572,000. Finally, Medina Value Partners LLC acquired a new stake in shares of Energizer during the 3rd quarter worth about $17,141,000. Institutional investors and hedge funds own 93.74% of the company’s stock.

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.