Foyston Gordon & Payne Inc purchased a new stake in Edgewell Personal Care Company (NYSE:EPC – Free Report) in the second quarter, Holdings Channel reports. The firm purchased 41,000 shares of the company’s stock, valued at approximately $1,101,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in EPC. Global Retirement Partners LLC purchased a new position in Edgewell Personal Care during the second quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its holdings in Edgewell Personal Care by 679.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company’s stock valued at $27,000 after buying an additional 1,115 shares in the last quarter. Aster Capital Management DIFC Ltd increased its stake in shares of Edgewell Personal Care by 158.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after acquiring an additional 910 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Edgewell Personal Care in the 4th quarter worth $30,000. Finally, Quadrant Capital Group LLC raised its holdings in shares of Edgewell Personal Care by 291.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock worth $34,000 after acquiring an additional 1,471 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.
Edgewell Personal Care Stock Performance
Shares of Edgewell Personal Care stock opened at $28.52 on Friday. The firm has a market cap of $1.31 billion, a PE ratio of -14.26 and a beta of 0.39. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.85. Edgewell Personal Care Company has a 52 week low of $15.73 and a 52 week high of $29.95. The business’s fifty day simple moving average is $27.10 and its 200-day simple moving average is $22.93.
Edgewell Personal Care Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. Edgewell Personal Care’s payout ratio is -30.00%.
Analyst Ratings Changes
Several research analysts have recently weighed in on the stock. Morgan Stanley set a $31.00 price target on shares of Edgewell Personal Care in a research report on Thursday, August 6th. Canaccord Genuity Group lifted their target price on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Barclays boosted their target price on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, UBS Group raised their price target on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $31.83.
Check Out Our Latest Analysis on EPC
Edgewell Personal Care Profile
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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