Corient Private Wealth LP purchased a new position in Edgewell Personal Care Company (NYSE:EPC – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 148,246 shares of the company’s stock, valued at approximately $3,981,000.
Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in Edgewell Personal Care during the second quarter worth $6,271,000. Jupiter Topco LLC acquired a new stake in Edgewell Personal Care in the second quarter valued at $526,000. Legal & General Group Plc acquired a new stake in Edgewell Personal Care in the second quarter valued at $2,786,000. The Manufacturers Life Insurance Company purchased a new position in shares of Edgewell Personal Care in the second quarter valued at $331,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Edgewell Personal Care in the second quarter valued at $1,627,000. 91.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Edgewell Personal Care from $24.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Barclays increased their price objective on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Royal Bank Of Canada raised their target price on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised shares of Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 25th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Edgewell Personal Care presently has an average rating of “Hold” and an average target price of $31.83.
Edgewell Personal Care Price Performance
Shares of NYSE:EPC opened at $28.72 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. The business’s fifty day moving average price is $27.81 and its two-hundred day moving average price is $23.31. The stock has a market cap of $1.32 billion, a PE ratio of -14.36 and a beta of 0.39. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $29.95.
Edgewell Personal Care (NYSE:EPC – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.08. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.The company had revenue of $570.10 million during the quarter, compared to analysts’ expectations of $574.87 million. During the same period in the previous year, the firm posted $1.04 earnings per share. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. On average, analysts forecast that Edgewell Personal Care Company will post 1.94 EPS for the current fiscal year.
Edgewell Personal Care Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 9th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, September 9th. Edgewell Personal Care’s dividend payout ratio (DPR) is currently -30.00%.
About Edgewell Personal Care
Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.
In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.
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