Charles Schwab Investment Management Inc. Purchases 64,059 Shares of Edgewell Personal Care Company $EPC

Charles Schwab Investment Management Inc. lifted its position in Edgewell Personal Care Company (NYSE:EPC) by 7.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 881,101 shares of the company’s stock after buying an additional 64,059 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.83% of Edgewell Personal Care worth $27,499,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. grew its holdings in Edgewell Personal Care by 238.5% during the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after purchasing an additional 687 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Edgewell Personal Care by 805.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock valued at $51,000 after purchasing an additional 1,362 shares during the period. Blue Trust Inc. raised its position in shares of Edgewell Personal Care by 35.3% in the first quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock valued at $97,000 after purchasing an additional 809 shares during the period. TD Private Client Wealth LLC raised its position in shares of Edgewell Personal Care by 24.1% in the first quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock valued at $110,000 after purchasing an additional 686 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of Edgewell Personal Care by 166.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company’s stock valued at $147,000 after purchasing an additional 2,725 shares during the period. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Performance

Shares of NYSE EPC opened at $23.5220 on Wednesday. The business has a fifty day simple moving average of $24.41 and a 200 day simple moving average of $27.79. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 17.42 and a beta of 0.81. Edgewell Personal Care Company has a one year low of $19.13 and a one year high of $40.71.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.09). The firm had revenue of $627.20 million during the quarter, compared to analyst estimates of $658.51 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 earnings per share. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Sell-side analysts expect that Edgewell Personal Care Company will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, September 4th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care’s dividend payout ratio is presently 44.44%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on EPC. UBS Group dropped their price target on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Morgan Stanley raised shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and dropped their price target for the company from $26.00 to $23.00 in a research report on Wednesday, August 6th. Canaccord Genuity Group dropped their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. Wells Fargo & Company cut their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Thursday, May 8th. Finally, Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 17th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.29.

About Edgewell Personal Care

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.