Energizer (NYSE:ENR) Upgraded at Zacks Research

Zacks Research upgraded shares of Energizer (NYSE:ENR) from a strong sell rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Several other research analysts also recently commented on ENR. Canaccord Genuity Group set a $19.00 price target on shares of Energizer in a report on Monday. UBS Group set a $25.00 price objective on Energizer and gave the stock a “neutral” rating in a research report on Friday, February 6th. Barclays set a $22.00 price objective on Energizer in a research note on Friday, January 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a research report on Monday, December 29th. Finally, Morgan Stanley set a $24.00 price target on Energizer in a report on Monday. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.29.

Energizer Stock Performance

NYSE:ENR opened at $22.76 on Wednesday. The business’s fifty day moving average is $20.88 and its 200 day moving average is $23.53. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 7.66 and a beta of 0.64. 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 $16.77 and a 52-week high of $31.78.

Energizer (NYSE:ENR) last posted its 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 return on equity of 143.24% and a net margin of 7.11%.The business had revenue of $778.90 million during the quarter, compared to analyst estimates of $712.82 million. During the same quarter in the previous year, the firm earned $0.67 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. Energizer has set its FY 2026 guidance at 3.300-3.600 EPS and its Q2 2026 guidance at 0.400-0.500 EPS. Research analysts predict that Energizer will post 3.58 EPS for the current year.

Energizer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, February 18th. This represents a $1.20 dividend on an annualized basis and a yield of 5.3%. Energizer’s dividend payout ratio (DPR) is presently 40.40%.

Insider Activity

In other news, CEO Mark Stephen Lavigne acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was purchased at an average cost of $17.11 per share, for a total transaction of $171,100.00. Following the acquisition, the chief executive officer owned 464,889 shares of the company’s stock, valued at $7,954,250.79. This trade represents a 2.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Donal L. Mulligan acquired 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average cost of $17.40 per share, for a total transaction of $261,000.00. Following the completion of the acquisition, the director owned 25,000 shares in the company, valued at $435,000. This represents a 150.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 26,000 shares of company stock valued at $449,240. Corporate insiders own 1.63% of the company’s stock.

Institutional Investors Weigh In On Energizer

Institutional investors have recently bought and sold shares of the stock. Jackson Creek Investment Advisors LLC purchased a new position in Energizer during the 3rd quarter valued at $1,240,000. Brandywine Global Investment Management LLC lifted its position in shares of Energizer by 19.8% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 315,378 shares of the company’s stock worth $6,358,000 after purchasing an additional 52,200 shares during the period. Edgestream Partners L.P. bought a new stake in shares of Energizer during the 2nd quarter valued at about $5,825,000. Clarkston Capital Partners LLC increased its position in shares of Energizer by 13.9% during the second quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock valued at $96,554,000 after buying an additional 583,465 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of Energizer during the second quarter valued at about $406,000. 93.74% of the stock is currently owned by hedge funds and other 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.