Analysts’ Weekly Ratings Changes for Energizer (ENR)

A number of firms have modified their ratings and price targets on shares of Energizer (NYSE: ENR) recently:

• 11/26/2024 – Energizer was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/20/2024 – Energizer was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating. They now have a $39.00 price target on the stock, up previously from $32.00.
• 11/20/2024 – Energizer had its price target raised by analysts at Canaccord Genuity Group Inc. from $32.00 to $36.00. They now have a “hold” rating on the stock.
• 11/20/2024 – Energizer had its price target raised by analysts at Morgan Stanley from $33.00 to $36.00. They now have an “equal weight” rating on the stock.
• 11/20/2024 – Energizer was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $36.00 price target on the stock, up previously from $34.00.
• 11/20/2024 – Energizer had its price target raised by analysts at Truist Financial Co. from $40.00 to $45.00. They now have a “buy” rating on the stock.
• 10/14/2024 – Energizer was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/11/2024 – Energizer had its price target raised by analysts at JPMorgan Chase & Co. from $29.00 to $32.00. They now have an “underweight” rating on the stock.
• 10/11/2024 – Energizer had its price target raised by analysts at Barclays PLC from $32.00 to $34.00. They now have an “overweight” rating on the stock.

Energizer Trading Up 0.2 %

Shares of ENR stock opened at $39.45 on Tuesday. Energizer Holdings, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $39.51. The stock has a market capitalization of $2.84 billion, a P/E ratio of 75.87 and a beta of 1.06. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51. The stock has a 50-day simple moving average of $33.48 and a 200 day simple moving average of $31.05.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Wednesday, November 27th. Energizer’s dividend payout ratio is 230.77%.

Insider Buying and Selling

In related news, EVP Robin Vauth sold 1,978 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares of the company’s stock, valued at approximately $207,115.26. This represents a 25.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the sale, the vice president now directly owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,860 shares of company stock valued at $334,694. Corporate insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Clarkston Capital Partners LLC increased its position in Energizer by 12.6% in the 3rd quarter. Clarkston Capital Partners LLC now owns 4,775,177 shares of the company’s stock worth $151,660,000 after purchasing an additional 533,831 shares during the last quarter. LSV Asset Management increased its holdings in shares of Energizer by 2.0% during the 2nd quarter. LSV Asset Management now owns 1,606,488 shares of the company’s stock valued at $47,456,000 after acquiring an additional 31,900 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Energizer by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,003,767 shares of the company’s stock valued at $29,651,000 after acquiring an additional 15,982 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Energizer by 2.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 931,571 shares of the company’s stock valued at $29,587,000 after acquiring an additional 19,836 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Energizer by 38.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 872,606 shares of the company’s stock valued at $25,778,000 after acquiring an additional 240,402 shares during the last quarter. 93.74% of the stock is owned by institutional investors and hedge funds.

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.