41,000 Shares in Edgewell Personal Care Company $EPC Purchased by Foyston Gordon & Payne Inc

Key Points

• Foyston Gordon & Payne Inc. purchased 41,000 Edgewell Personal Care shares worth approximately $1.1 million, while institutional investors and hedge funds collectively own 91.91% of the company.
• Analyst sentiment is mixed, with three Buy, four Hold, and one Sell rating; the stock has an average target price of $31.83 versus its reported $28.52 opening price.
• Edgewell exceeded quarterly EPS estimates, reporting $0.72 compared with the $0.64 consensus, but revenue fell 9.1% year over year to $570.1 million. The company also declared a quarterly dividend of $0.15, representing a 2.1% annualized yield.

Foyston Gordon & Payne Inc purchased a new position in shares of Edgewell Personal Care Company (NYSE:EPC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 41,000 shares of the company's stock, valued at approximately $1,101,000. Foyston Gordon & Payne Inc owned approximately 0.09% of Edgewell Personal Care at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Edgewell Personal Care in the second quarter valued at approximately $197,543,000. Rubric Capital Management LP lifted its position in shares of Edgewell Personal Care by 297.2% during the 1st quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company's stock valued at $85,360,000 after buying an additional 2,992,929 shares in the last quarter. Norges Bank acquired a new stake in Edgewell Personal Care in the 4th quarter valued at $21,312,000. Brandes Investment Partners LP grew its stake in Edgewell Personal Care by 16.4% in the 4th quarter. Brandes Investment Partners LP now owns 6,119,499 shares of the company's stock valued at $104,337,000 after acquiring an additional 861,940 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in Edgewell Personal Care in the 2nd quarter valued at $14,542,000. 91.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings restated a "sell (d)" rating on shares of Edgewell Personal Care in a research report on Wednesday, June 24th. Morgan Stanley set a $31.00 target price on shares of Edgewell Personal Care in a research report on Thursday, August 6th. Canaccord Genuity Group boosted their target price on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Royal Bank Of Canada upped their price target on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Finally, UBS Group raised their price target on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Edgewell Personal Care currently has an average rating of "Hold" and an average target price of $31.83.

Edgewell Personal Care Stock Up 3.5%

Shares of EPC opened at $28.52 on Friday. The stock has a 50 day moving average price of $27.10 and a 200 day moving average price of $22.93. Edgewell Personal Care Company has a one year low of $15.73 and a one year high of $29.95. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -14.26 and a beta of 0.39.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.08. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.The company had revenue of $570.10 million for the quarter, compared to analyst estimates of $574.87 million. During the same quarter last year, the firm posted $1.04 EPS. The firm's revenue for the quarter was down 9.1% on a year-over-year basis. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. Equities research analysts forecast that Edgewell Personal Care Company will post 1.94 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. Edgewell Personal Care's dividend payout ratio (DPR) is currently -30.00%.

Edgewell Personal Care Company Profile

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings' personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell's portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men's and women's grooming categories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source