Energizer (NYSE:ENR) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Energizer (NYSE:ENR) announced its quarterly earnings data on Tuesday. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.08), FiscalAI reports. The company had revenue of $734.10 million for the quarter, compared to analysts’ expectations of $720.29 million. Energizer had a return on equity of 144.22% and a net margin of 6.55%.The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.13 EPS. Energizer updated its Q4 2026 guidance to 1.250-1.350 EPS and its FY 2026 guidance to 3.600-3.600 EPS.

Here are the key takeaways from Energizer’s conference call:

• Negative Sentiment: Energizer lowered its full-year outlook after battery-category trends softened by roughly 200–300 basis points as consumers became more cautious and value-focused. Back-half organic growth is now expected to be roughly flat to up 1%, versus the prior expectation of about 4%.
• Positive Sentiment: Despite the weaker category, management said Energizer is gaining global volume and value share, expanding distribution, advancing innovation, and outperforming the battery market. U.S. value grew 1.8% and volume increased 5% in the quarter while the category declined.
• Positive Sentiment: Profitability is improving, with gross margin up more than 430 basis points from first-quarter levels and fourth-quarter gross margin expected to exceed 40%. Management expects approximately 25% adjusted EPS growth at the midpoint in the fourth quarter.
• Positive Sentiment: Strong free cash flow and debt reduction remain priorities, supported by lower Project Momentum cash costs, reduced capital expenditures, productivity initiatives, and expected collection of approximately $53 million in remaining IEEPA tariff credits.
• Neutral Sentiment: Management characterized the battery slowdown as a near-term consumer and shopping-behavior issue rather than a structural shift toward battery-free technologies, citing healthy device usage and replacement frequency. Commodity costs, tariffs, foreign exchange, and logistics remain moving parts that will be addressed in the next outlook.

Energizer Stock Up 1.4%

NYSE:ENR opened at $21.43 on Wednesday. Energizer has a 52 week low of $15.75 and a 52 week high of $30.29. The stock’s fifty day moving average is $20.54 and its two-hundred day moving average is $19.80. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 7.85 and a beta of 0.75. The company has a quick ratio of 1.03, a current ratio of 2.05 and a debt-to-equity ratio of 19.08.

Energizer Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Wednesday, August 19th. Energizer’s dividend payout ratio is 43.96%.

Insider Buying and Selling at Energizer

In other news, major shareholder Aqua Capital, Ltd. acquired 60,000 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was acquired at an average cost of $20.25 per share, with a total value of $1,215,000.00. Following the completion of the purchase, the insider owned 7,940,000 shares of the company’s stock, valued at $160,785,000. This represents a 0.76% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders acquired 538,681 shares of company stock valued at $10,406,791 over the last ninety days. Insiders own 1.63% of the company’s stock.

Hedge Funds Weigh In On Energizer

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Aster Capital Management DIFC Ltd increased its stake in Energizer by 148.1% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company’s stock worth $41,000 after purchasing an additional 1,240 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Energizer in the third quarter valued at approximately $47,000. Public Employees Retirement System of Ohio grew its holdings 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 valued at $49,000 after purchasing an additional 503 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Energizer by 50.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,020 shares of the company’s stock worth $179,000 after buying an additional 3,020 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in Energizer by 268.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,947 shares of the company’s stock worth $180,000 after buying an additional 6,519 shares during the period. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on ENR shares. UBS Group lifted their price target on Energizer from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Energizer from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Energizer in a report on Wednesday, June 24th. Canaccord Genuity Group dropped their price target on shares of Energizer from $20.00 to $19.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, Barclays raised their price target on shares of Energizer from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $23.57.

Key Energizer News

Here are the key news stories impacting Energizer this week:

• Positive Sentiment: Fiscal Q3 net sales increased 1.2% year over year to $734.1 million, exceeding analysts’ $720.3 million estimate. Organic sales rose 2.7%, indicating continued demand despite a slowdown in the broader battery and household-products category. Energizer Fiscal 2026 Third Quarter Results
• Positive Sentiment: Energizer maintained full-year adjusted EPS guidance at $3.60, modestly above the approximately $3.51 analyst consensus cited in the reports. This suggests management still expects to meet its overall profitability target despite quarterly challenges. Energizer Q3 Earnings and Revenues
• Neutral Sentiment: Management highlighted organic growth while acknowledging a slower category environment. Investors are likely focusing on whether Energizer can sustain sales growth as pricing, product mix and consumer demand evolve. ENR Q2 Deep Dive
• Negative Sentiment: Adjusted EPS was $0.75, below estimates ranging from $0.83 to $0.86, and fell sharply from $1.13 or $2.13 in the year-ago comparisons cited by different reports. Gross margin was 38.2%, or 39.2% on an adjusted basis, reflecting margin and product-mix pressure. Energizer Q3 Earnings Miss
• Negative Sentiment: Energizer reduced its fiscal 2026 adjusted EPS and adjusted EBITDA outlook to the low end of its original ranges and provided fourth-quarter EPS guidance of $1.25–$1.35, below the $1.42 consensus estimate. The lower near-term outlook reinforces concerns about profitability and helps explain the stock’s weaker tone. Energizer Fiscal 2026 Outlook

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.