Energizer (NYSE:ENR) Hits New 12-Month Low Following Weak Earnings

by · The Cerbat Gem

Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday after the company announced weaker than expected quarterly earnings. The stock traded as low as $17.65 and last traded at $18.0150, with a volume of 1238215 shares trading hands. The stock had previously closed at $23.85.

The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.07). Energizer had a return on equity of 181.90% and a net margin of 8.60%.The company 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 company earned $1.22 earnings per share. Energizer’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. FY 2026 guidance at 3.300-3.600 EPS.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 25th. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. Energizer’s payout ratio is currently 34.58%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen downgraded Energizer from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Energizer in a research note on Tuesday, October 14th. JPMorgan Chase & Co. lowered their price target on shares of Energizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, October 23rd. UBS Group cut their price objective on shares of Energizer from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Energizer from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. One research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $31.00.

Get Our Latest Stock Analysis on ENR

Institutional Trading of Energizer

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

Energizer Trading Down 22.7%

The stock has a 50-day moving average price of $25.32 and a two-hundred day moving average price of $24.47. The stock has a market capitalization of $1.26 billion, a PE ratio of 5.31 and a beta of 0.63. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78.

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.

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