Vanguard Group Inc. Has $189.34 Million Stock Holdings in Edgewell Personal Care Company $EPC

Vanguard Group Inc. raised its stake in Edgewell Personal Care Company (NYSE:EPC) by 4.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,066,471 shares of the company’s stock after acquiring an additional 266,611 shares during the period. Vanguard Group Inc. owned approximately 12.58% of Edgewell Personal Care worth $189,335,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after acquiring an additional 687 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of Edgewell Personal Care by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock worth $51,000 after buying an additional 1,362 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Edgewell Personal Care by 35.3% during the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock worth $97,000 after buying an additional 809 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Edgewell Personal Care by 24.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock worth $110,000 after buying an additional 686 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Edgewell Personal Care by 166.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company’s stock worth $147,000 after buying an additional 2,725 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EPC shares. Royal Bank Of Canada lowered their price target on Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Thursday, May 8th. Barclays lowered their price target on Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Wells Fargo & Company lowered 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. UBS Group lowered their price target on Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Finally, Morgan Stanley raised Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and lowered their price target for the stock from $26.00 to $23.00 in a report on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $29.29.

Edgewell Personal Care Trading Up 1.8%

NYSE EPC opened at $23.5220 on Wednesday. The business’s 50-day moving average price is $24.41 and its two-hundred day moving average price is $27.79. Edgewell Personal Care Company has a 12 month low of $19.13 and a 12 month high of $40.71. The firm has a market capitalization of $1.09 billion, a PE ratio of 17.42 and a beta of 0.81. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88.

Edgewell Personal Care (NYSE:EPC) last released its quarterly 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). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company had revenue of $627.20 million during the quarter, compared to the consensus estimate of $658.51 million. During the same quarter last year, the firm posted $1.22 EPS. The company’s quarterly revenue was down 3.2% on a year-over-year basis. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. On average, analysts expect that Edgewell Personal Care Company will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be given 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 payout ratio is 44.44%.

Edgewell Personal Care Company Profile

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.