72,199 Shares in Edgewell Personal Care Company $EPC Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new stake in shares of Edgewell Personal Care Company (NYSE:EPC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 72,199 shares of the company’s stock, valued at approximately $1,690,000. Edgestream Partners L.P. owned about 0.16% of Edgewell Personal Care at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its holdings in shares of 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 in the last quarter. First Horizon Advisors Inc. raised its position in Edgewell Personal Care by 195.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company’s stock worth $43,000 after buying an additional 1,215 shares during the last quarter. GAMMA Investing LLC lifted its stake in Edgewell Personal Care by 167.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock valued at $46,000 after acquiring an additional 1,231 shares during the period. Hantz Financial Services Inc. purchased a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at about $69,000. Finally, EMC Capital Management bought a new stake in shares of Edgewell Personal Care in the second quarter worth approximately $94,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on EPC shares. Zacks Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Barclays dropped their price target on Edgewell Personal Care from $22.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Friday, November 14th. Morgan Stanley reduced their price objective on Edgewell Personal Care from $23.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 18th. Royal Bank Of Canada dropped their target price on Edgewell Personal Care from $26.00 to $23.00 and set an “outperform” rating on the stock in a research report on Friday, November 14th. Finally, Wells Fargo & Company reduced their price target on shares of Edgewell Personal Care from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and a consensus price target of $23.17.

Edgewell Personal Care Price Performance

NYSE EPC opened at $16.73 on Friday. The business’s fifty day moving average is $18.95 and its 200 day moving average is $22.38. Edgewell Personal Care Company has a fifty-two week low of $16.63 and a fifty-two week high of $37.74. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.90 and a current ratio of 1.76. The company has a market capitalization of $777.46 million, a PE ratio of 32.18 and a beta of 0.61.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 13th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.14). The company had revenue of $537.20 million during the quarter, compared to the consensus estimate of $532.67 million. Edgewell Personal Care had a return on equity of 7.85% and a net margin of 1.14%.The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. Sell-side analysts predict that Edgewell Personal Care Company will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 4th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Thursday, December 4th. Edgewell Personal Care’s dividend payout ratio is presently 115.38%.

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.