Wall Street Zen Downgrades Energizer (NYSE:ENR) to Buy

Wall Street Zen lowered shares of Energizer (NYSE:ENR) from a strong-buy rating to a buy rating in a report published on Saturday morning.

A number of other brokerages also recently weighed in on ENR. JPMorgan Chase & Co. boosted their target price on shares of Energizer from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Truist Financial boosted their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. UBS Group reaffirmed a “neutral” rating and issued a $29.00 target price (up from $23.00) on shares of Energizer in a research note on Tuesday, August 5th. Finally, Barclays boosted their target price on shares of Energizer from $24.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $31.43.

Energizer Price Performance

NYSE:ENR opened at $29.66 on Friday. The firm has a market cap of $2.02 billion, a PE ratio of 8.55 and a beta of 0.69. Energizer has a 12 month low of $19.70 and a 12 month high of $39.51. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. The company’s 50-day moving average price is $26.31 and its two-hundred day moving average price is $25.62.

Energizer (NYSE:ENR) last released its quarterly earnings results on Monday, August 4th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.52. The firm had revenue of $725.30 million for the quarter, compared to analyst estimates of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. On average, equities analysts anticipate that Energizer will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Thursday, August 21st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Energizer’s dividend payout ratio is currently 34.58%.

Institutional Investors Weigh In On Energizer

Several large investors have recently made changes to their positions in ENR. CX Institutional bought a new stake in shares of Energizer during the first quarter worth $33,000. Caitong International Asset Management Co. Ltd increased its position in shares of Energizer by 108.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after acquiring an additional 579 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Energizer by 967.1% during the second quarter. Hantz Financial Services Inc. now owns 1,782 shares of the company’s stock worth $36,000 after acquiring an additional 1,615 shares in the last quarter. Blue Trust Inc. boosted its holdings in Energizer by 38.9% during the second quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock worth $38,000 after purchasing an additional 527 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Energizer in the fourth quarter valued at $43,000. Institutional investors own 93.74% of the company’s stock.

About Energizer

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.