Energizer (NYSE:ENR) Sets New 52-Week Low – Should You Sell?

Energizer Holdings, Inc. (NYSE:ENR) reached a new 52-week low during trading on Wednesday . The company traded as low as $15.86 and last traded at $15.9810, with a volume of 226739 shares traded. The stock had previously closed at $16.23.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Energizer from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energizer in a research report on Friday, March 27th. Evercore set a $28.00 price target on shares of Energizer in a report on Tuesday, February 10th. Barclays cut their price target on shares of Energizer from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Finally, Canaccord Genuity Group cut their price target on shares of Energizer from $20.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Energizer currently has a consensus rating of “Hold” and an average price target of $23.14.

Energizer Trading Up 2.2%

The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08. The firm’s 50 day simple moving average is $17.90 and its two-hundred day simple moving average is $19.88. The stock has a market cap of $1.14 billion, a P/E ratio of 6.06 and a beta of 0.81.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.47. Energizer had a net margin of 6.55% and a return on equity of 144.22%. The firm had revenue of $643.30 million during the quarter, compared to analyst estimates of $661.92 million. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. 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 research analysts predict that Energizer Holdings, Inc. will post 3.56 earnings per share for the current fiscal year.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 20th. This represents a $1.20 annualized dividend and a yield of 7.2%. Energizer’s payout ratio is presently 43.96%.

Insiders Place Their Bets

In other news, major shareholder Aqua Capital, Ltd. purchased 4,200 shares of the stock in a transaction dated Wednesday, April 15th. The stock was acquired at an average price of $18.85 per share, for a total transaction of $79,170.00. Following the completion of the transaction, the insider owned 7,025,215 shares of the company’s stock, valued at approximately $132,425,302.75. The trade was a 0.06% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have acquired a total of 20,215 shares of company stock worth $361,302 in the last three months. 1.63% of the stock is owned by insiders.

Hedge Funds Weigh In On Energizer

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Clarkston Capital Partners LLC grew its position in Energizer by 9.7% in the 4th quarter. Clarkston Capital Partners LLC now owns 4,227,520 shares of the company’s stock valued at $84,085,000 after buying an additional 372,465 shares in the last quarter. LSV Asset Management grew its position in Energizer by 3.4% in the 4th quarter. LSV Asset Management now owns 3,553,474 shares of the company’s stock valued at $70,679,000 after buying an additional 116,900 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Energizer by 148,623.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,794,522 shares of the company’s stock valued at $55,583,000 after buying an additional 2,792,643 shares in the last quarter. State Street Corp grew its position in Energizer by 0.5% in the 4th quarter. State Street Corp now owns 2,490,608 shares of the company’s stock valued at $49,538,000 after buying an additional 13,200 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Energizer by 16.0% in the 4th 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 in the last quarter. Institutional investors own 93.74% of the company’s stock.

Energizer Company Profile

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.