EP Wealth Advisors LLC Invests $202,000 in Edgewell Personal Care Company $EPC

EP Wealth Advisors LLC bought a new position in Edgewell Personal Care Company (NYSE:EPC) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 6,458 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EPC. GAMMA Investing LLC grew its holdings in shares of Edgewell Personal Care by 4,732.4% in the first quarter. GAMMA Investing LLC now owns 23,002 shares of the company’s stock valued at $737,000 after purchasing an additional 22,526 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Edgewell Personal Care by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company’s stock valued at $561,000 after purchasing an additional 517 shares during the period. Blue Trust Inc. grew its holdings 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Edgewell Personal Care by 2.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company’s stock valued at $928,000 after purchasing an additional 702 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Edgewell Personal Care by 1.3% in the first quarter. Invesco Ltd. now owns 435,529 shares of the company’s stock valued at $13,593,000 after purchasing an additional 5,401 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Down 3.2%

NYSE EPC opened at $21.70 on Thursday. The firm has a 50 day simple moving average of $24.29 and a 200-day simple moving average of $27.03. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77. Edgewell Personal Care Company has a one year low of $19.13 and a one year high of $38.44. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 16.08 and a beta of 0.85.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate 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 business had revenue of $627.20 million during the quarter, compared to analysts’ expectations of $658.51 million. During the same period in the previous year, the business posted $1.22 EPS. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Equities research analysts anticipate that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Thursday, September 4th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 2.8%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 44.44%.

Wall Street Analysts Forecast Growth

EPC has been the subject of a number of analyst reports. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 17th. Canaccord Genuity Group dropped their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. UBS Group dropped their price objective on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a 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 objective for the company from $26.00 to $23.00 in a report on Wednesday, August 6th. Finally, Zacks Research lowered shares of Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $29.29.

Edgewell Personal Care 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.