Energizer (NYSE:ENR) Price Target Raised to $22.00 at JPMorgan Chase & Co.

Energizer (NYSE:ENR) had its price target boosted by JPMorgan Chase & Co. from $19.00 to $22.00 in a research note released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the stock. Barclays dropped their price objective on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Energizer in a research note on Wednesday, June 24th. Canaccord Genuity Group lowered their target price on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Finally, UBS Group lifted their price target on Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $23.86.

Energizer Price Performance

Shares of ENR opened at $20.64 on Thursday. The stock has a 50 day simple moving average of $19.62 and a 200 day simple moving average of $19.76. Energizer has a 52-week low of $15.75 and a 52-week high of $30.29. The company has a debt-to-equity ratio of 19.08, a quick ratio of 1.03 and a current ratio of 2.05. The firm has a market capitalization of $1.41 billion, a PE ratio of 7.56 and a beta of 0.75.

Energizer (NYSE:ENR) last announced its earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.47 by $0.47. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The firm had revenue of $643.30 million for the quarter, compared to the consensus estimate of $661.92 million. During the same period last year, the company posted $0.67 EPS. The business’s quarterly revenue was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Sell-side analysts predict that Energizer will post 3.55 EPS for the current fiscal year.

Energizer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. Energizer’s dividend payout ratio (DPR) is 43.96%.

Insider Transactions at Energizer

In other Energizer news, major shareholder Aqua Capital, Ltd. purchased 40,000 shares of the business’s stock in a transaction on Friday, July 10th. The shares were purchased at an average cost of $20.67 per share, with a total value of $826,800.00. Following the transaction, the insider directly owned 7,480,000 shares of the company’s stock, valued at $154,611,600. This represents a 0.54% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have acquired 378,681 shares of company stock valued at $7,171,391. 1.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Energizer

A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC increased its position in shares of Energizer by 20.0% in the first quarter. AQR Capital Management LLC now owns 108,822 shares of the company’s stock valued at $3,220,000 after acquiring an additional 18,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Energizer by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,775 shares of the company’s stock valued at $1,280,000 after purchasing an additional 1,857 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Energizer by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,092 shares of the company’s stock valued at $5,299,000 after purchasing an additional 13,216 shares in the last quarter. Norges Bank bought a new position in Energizer in the second quarter valued at approximately $387,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Energizer during the 2nd quarter worth approximately $586,000. 93.74% of the stock is currently owned by institutional investors and hedge funds.

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.