Invesco Ltd. Grows Position in Edgewell Personal Care Company $EPC

Invesco Ltd. raised its holdings in Edgewell Personal Care Company (NYSE:EPC) by 1.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 435,529 shares of the company’s stock after acquiring an additional 5,401 shares during the period. Invesco Ltd. owned approximately 0.90% of Edgewell Personal Care worth $13,593,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Edgewell Personal Care by 3.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company’s stock worth $561,000 after purchasing an additional 517 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Edgewell Personal Care by 24.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock worth $110,000 after purchasing an additional 686 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after purchasing an additional 687 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Edgewell Personal Care by 2.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company’s stock worth $928,000 after purchasing an additional 702 shares in the last quarter. Finally, Central Pacific Bank Trust Division boosted its holdings in shares of Edgewell Personal Care by 4.5% in the 1st quarter. Central Pacific Bank Trust Division now owns 17,450 shares of the company’s stock worth $545,000 after purchasing an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analyst Upgrades and Downgrades

EPC has been the subject of a number of research reports. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 17th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. Morgan Stanley upgraded Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and decreased their price objective for the stock from $26.00 to $23.00 in a report on Wednesday, August 6th. Barclays decreased their price objective on Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Finally, Royal Bank Of Canada dropped their target price on shares of Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Thursday, May 8th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $29.29.

Edgewell Personal Care Price Performance

Shares of NYSE EPC opened at $23.9220 on Friday. Edgewell Personal Care Company has a 1 year low of $19.13 and a 1 year high of $40.71. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. The company’s 50-day moving average is $24.35 and its 200 day moving average is $27.65. The stock has a market capitalization of $1.11 billion, a P/E ratio of 17.72 and a beta of 0.81.

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

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care’s dividend payout ratio is 44.44%.

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.