Energizer (NYSE:ENR) Sets New 12-Month Low – Here’s What Happened

Energizer Holdings, Inc. (NYSE:ENR) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $16.35 and last traded at $16.46, with a volume of 236091 shares traded. The stock had previously closed at $16.88.

Analysts Set New Price Targets

ENR has been the subject of several recent analyst reports. Evercore set a $28.00 target price on shares of Energizer in a research note on Tuesday, February 10th. JPMorgan Chase & Co. lifted their target price on Energizer from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Barclays set a $22.00 price objective on shares of Energizer in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research note on Friday. Finally, Morgan Stanley set a $24.00 price target on Energizer in a report on Monday, February 9th. One 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 company has a consensus rating of “Hold” and a consensus target price of $25.29.

Energizer Stock Performance

The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. The company has a market capitalization of $1.12 billion, a P/E ratio of 5.48 and a beta of 0.64. The company has a fifty day moving average price of $20.24 and a two-hundred day moving average price of $21.63.

Energizer (NYSE:ENR) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $712.82 million. During the same quarter last year, the business earned $0.67 EPS. The company’s 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. Equities analysts forecast that Energizer Holdings, Inc. will post 3.58 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 18th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend was Wednesday, February 18th. Energizer’s payout ratio is currently 40.40%.

Hedge Funds Weigh In On Energizer

Several institutional investors have recently added to or reduced their stakes in ENR. Clarkston Capital Partners LLC boosted its stake in Energizer by 9.7% in the fourth quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after acquiring an additional 372,465 shares during the last quarter. LSV Asset Management lifted its stake in Energizer by 3.4% in the fourth quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after purchasing an additional 116,900 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 valued at $55,583,000 after purchasing an additional 2,792,643 shares during the period. State Street Corp increased its position in Energizer by 0.5% in the fourth quarter. State Street Corp now owns 2,490,608 shares of the company’s stock worth $49,538,000 after buying an additional 13,200 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Energizer by 16.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,348,768 shares of the company’s stock valued at $46,717,000 after buying an additional 323,363 shares during the period. Institutional investors own 93.74% of the company’s stock.

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.