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

Energizer (NYSE:ENR) had its target price raised by JPMorgan Chase & Co. from $19.00 to $22.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 5.90% from the company’s previous close.

Several other research firms have also weighed in on ENR. Canaccord Genuity Group cut their target price on Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Barclays lowered their price target on Energizer from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. UBS Group increased their price target on shares of Energizer from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $23.86.

Energizer Trading Up 0.4%

ENR traded up $0.09 during trading on Thursday, reaching $20.77. 786,483 shares of the company’s stock were exchanged, compared to its average volume of 1,194,079. The company’s fifty day moving average price is $19.58 and its 200-day moving average price is $19.75. The firm has a market capitalization of $1.42 billion, a PE ratio of 7.58 and a beta of 0.75. Energizer has a fifty-two week low of $15.75 and a fifty-two 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.

Energizer (NYSE:ENR) last posted 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 company had revenue of $643.30 million for the quarter, compared to the consensus estimate of $661.92 million. During the same quarter in the prior year, the business posted $0.67 EPS. The firm’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. As a group, equities analysts forecast that Energizer will post 3.55 EPS for the current year.

Insider Buying and Selling

In related 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 price of $20.67 per share, with a total value of $826,800.00. Following the completion of the purchase, the insider owned 7,480,000 shares in the company, valued at $154,611,600. This represents a 0.54% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders have purchased 378,681 shares of company stock worth $7,171,391. Company insiders own 1.63% of the company’s stock.

Hedge Funds Weigh In On Energizer

Large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in shares of Energizer by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,891 shares of the company’s stock worth $31,000 after buying an additional 644 shares during the period. Aster Capital Management DIFC Ltd raised its holdings in shares of Energizer by 148.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock valued at $41,000 after purchasing an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Energizer in the third quarter valued at approximately $47,000. Public Employees Retirement System of Ohio lifted its position in shares of Energizer by 25.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company’s stock worth $49,000 after purchasing an additional 503 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in Energizer during the fourth quarter worth $60,000. 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.