Energizer (NYSE:ENR) Price Target Raised to $19.00 at Barclays

Energizer (NYSE:ENR) had its price objective increased by Barclays from $18.00 to $19.00 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

ENR has been the topic of several other research reports. UBS Group upped their price objective on shares of Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. boosted their price target on Energizer from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. Finally, Canaccord Genuity Group lowered their price objective on Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.00.

Energizer Stock Performance

Shares of ENR opened at $20.06 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. Energizer has a 52-week low of $15.75 and a 52-week high of $30.29. The company has a 50-day simple moving average of $19.75 and a 200-day simple moving average of $19.76. The company has a market capitalization of $1.37 billion, a PE ratio of 7.35 and a beta of 0.75.

Energizer (NYSE:ENR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.47. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The business had revenue of $643.30 million during the quarter, compared to analysts’ expectations of $661.92 million. During the same quarter last year, the business posted $0.67 earnings per share. The business’s revenue for the quarter 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. Equities research analysts predict that Energizer will post 3.56 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Wednesday, May 20th. Energizer’s payout ratio is presently 43.96%.

Insider Buying and Selling

In related news, major shareholder Aqua Capital, Ltd. purchased 81,609 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average price of $16.18 per share, with a total value of $1,320,433.62. Following the completion of the purchase, the insider directly owned 7,106,824 shares in the company, valued at approximately $114,988,412.32. This trade represents a 1.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have purchased a total of 378,681 shares of company stock worth $7,171,391 over the last ninety days. Corporate insiders own 1.63% of the company’s stock.

Institutional Trading of Energizer

Institutional investors have recently made changes to their positions in the stock. Clarkston Capital Partners LLC raised its position in shares of 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 buying an additional 372,465 shares during the period. LSV Asset Management grew its position in Energizer by 3.4% during the fourth quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after acquiring an additional 116,900 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Energizer by 148,623.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock worth $55,583,000 after acquiring an additional 2,792,643 shares during the last quarter. State Street Corp raised its holdings in shares of 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 during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Energizer by 16.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock valued at $46,717,000 after purchasing an additional 323,363 shares in the last quarter. 93.74% of the stock is 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.