Edgewell Personal Care Company $EPC Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its position in shares of Edgewell Personal Care Company (NYSE:EPC) by 10.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,671,271 shares of the company’s stock after buying an additional 341,831 shares during the period. American Century Companies Inc. owned approximately 7.90% of Edgewell Personal Care worth $85,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in EPC. PNC Financial Services Group Inc. increased its stake 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 worth $30,000 after acquiring an additional 687 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of Edgewell Personal Care by 195.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company’s stock valued at $43,000 after purchasing an additional 1,215 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Edgewell Personal Care by 167.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock worth $46,000 after purchasing an additional 1,231 shares during the period. Hantz Financial Services Inc. acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter worth about $69,000. Finally, EMC Capital Management acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter worth about $94,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $17.53 on Wednesday. Edgewell Personal Care Company has a 52 week low of $16.63 and a 52 week high of $38.44. The company has a fifty day simple moving average of $19.38 and a two-hundred day simple moving average of $22.92. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.88. The company has a market cap of $814.28 million, a price-to-earnings ratio of 12.98 and a beta of 0.81.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.14). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company had revenue of $537.20 million during the quarter, compared to analyst estimates of $532.67 million. During the same quarter in the previous year, the business posted $0.72 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. As a group, equities analysts anticipate that Edgewell Personal Care Company will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 4th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, December 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 115.38%.

Analyst Upgrades and Downgrades

A number of research firms have commented on EPC. Wells Fargo & Company decreased their target price on shares of Edgewell Personal Care from $25.00 to $23.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Canaccord Genuity Group reduced 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 note on Wednesday, August 6th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Morgan Stanley cut their target price on Edgewell Personal Care from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada decreased their price target on Edgewell Personal Care from $26.00 to $23.00 and set an “outperform” rating on the stock in a research note on Friday, November 14th. Three 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. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $23.17.

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.