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

Energizer Holdings, Inc. (NYSE:ENRGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $17.05 and last traded at $17.13, with a volume of 231748 shares trading hands. The stock had previously closed at $17.36.

Analysts Set New Price Targets

Several research analysts have recently commented on ENR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Energizer in a report on Tuesday, October 14th. Zacks Research cut shares of Energizer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 25th. Morgan Stanley reduced their price target on shares of Energizer from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 19th. JPMorgan Chase & Co. lowered their price objective on Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, October 23rd. Finally, Barclays lifted their target price on Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $28.00.

Read Our Latest Stock Report on Energizer

Energizer Price Performance

The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 5.44 and a beta of 0.63. The company has a current ratio of 2.11, a quick ratio of 1.13 and a debt-to-equity ratio of 20.06. The company’s fifty day moving average is $22.79 and its two-hundred day moving average is $24.01.

Energizer (NYSE:ENRGet Free Report) last released its quarterly earnings results on Tuesday, November 18th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.07). Energizer had a return on equity of 161.50% and a net margin of 8.09%.The firm had revenue of $832.80 million for the quarter, compared to analysts’ expectations of $830.45 million. During the same quarter in the prior year, the business earned $1.22 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS and its FY 2026 guidance at 3.300-3.600 EPS. As a group, research analysts predict that Energizer Holdings, Inc. will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 25th. This represents a $1.20 dividend on an annualized basis and a yield of 6.6%. Energizer’s dividend payout ratio is 36.14%.

Insider Activity at Energizer

In related news, Director Donal L. Mulligan acquired 15,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average price of $17.40 per share, with a total value of $261,000.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at $435,000. The trade was a 150.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Mark Stephen Lavigne acquired 10,000 shares of Energizer stock in a transaction dated Tuesday, December 2nd. The stock was bought at an average price of $17.11 per share, for a total transaction of $171,100.00. Following the completion of the purchase, the chief executive officer owned 464,889 shares of the company’s stock, valued at approximately $7,954,250.79. This represents a 2.20% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 26,000 shares of company stock valued at $449,240. Insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On Energizer

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Energizer by 1.8% during the first quarter. Vanguard Group Inc. now owns 9,421,993 shares of the company’s stock worth $281,906,000 after buying an additional 170,017 shares during the period. Clarkston Capital Partners LLC increased its position in shares of Energizer by 13.9% in the 2nd quarter. Clarkston Capital Partners LLC now owns 4,789,400 shares of the company’s stock valued at $96,554,000 after purchasing an additional 583,465 shares during the last quarter. LSV Asset Management raised its holdings in shares of Energizer by 24.5% in the 3rd quarter. LSV Asset Management now owns 3,436,574 shares of the company’s stock valued at $85,536,000 after purchasing an additional 675,426 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Energizer by 58.8% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock valued at $62,658,000 after purchasing an additional 775,221 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of Energizer by 34.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 1,899,587 shares of the company’s stock worth $38,296,000 after purchasing an additional 491,794 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

About Energizer

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.