Energizer (NYSE:ENR) Shares Down 6.8% Following Weak Earnings

Energizer Holdings, Inc. (NYSE:ENR) was down 6.8% during mid-day trading on Wednesday following a dissappointing earnings announcement. The company traded as low as $17.95 and last traded at $18.1180. Approximately 657,031 shares traded hands during trading, a decline of 27% from the average daily volume of 895,051 shares. The stock had previously closed at $19.44.

The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.07). Energizer had a return on equity of 181.90% and a net margin of 8.60%.The firm had revenue of $832.80 million during the quarter, compared to the consensus estimate of $830.45 million. During the same period in the previous year, the business earned $1.22 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS. FY 2026 guidance at 3.300-3.600 EPS.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Tuesday, November 25th. Energizer’s dividend payout ratio (DPR) is currently 34.58%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ENR shares. UBS Group cut their price objective on Energizer from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Truist Financial raised their price target 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. Morgan Stanley decreased their price objective on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday. Zacks Research cut shares of Energizer from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered shares of Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $28.00.

Institutional Investors Weigh In On Energizer

Large investors have recently modified their holdings of the business. Victory Capital Management Inc. boosted its stake in shares of Energizer by 0.3% during the first quarter. Victory Capital Management Inc. now owns 349,568 shares of the company’s stock valued at $10,459,000 after purchasing an additional 1,183 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in Energizer by 29.3% during the first quarter. Allianz Asset Management GmbH now owns 10,600 shares of the company’s stock worth $317,000 after buying an additional 2,400 shares during the period. Choreo LLC boosted its position in Energizer by 6.0% during the 1st quarter. Choreo LLC now owns 15,875 shares of the company’s stock valued at $475,000 after acquiring an additional 901 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Energizer by 14.2% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 153,887 shares of the company’s stock valued at $4,604,000 after acquiring an additional 19,160 shares during the period. Finally, Wakefield Asset Management LLLP raised its position in shares of Energizer by 8.1% in the 1st quarter. Wakefield Asset Management LLLP now owns 31,704 shares of the company’s stock worth $949,000 after acquiring an additional 2,369 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

Energizer Stock Down 6.8%

The business has a 50 day moving average of $25.14 and a two-hundred day moving average of $24.42. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78. The stock has a market capitalization of $1.24 billion, a PE ratio of 5.24 and a beta of 0.63.

Energizer Company Profile

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.