Edgewell Personal Care Company $EPC Shares Acquired by Inspire Investing LLC

Key Points

• Inspire Investing increased its Edgewell Personal Care stake by 292.1% in the third quarter, ending with 119,880 shares valued at approximately $3.2 million. Institutional investors collectively own 91.91% of EPC.
• Edgewell’s latest quarterly results exceeded expectations, with EPS of $0.72 versus the $0.64 consensus estimate, although revenue fell 9.1% year over year to $570.1 million.
• EPC shares opened at $28.04, while analysts maintain a consensus “Hold” rating and an average price target of $31.50. The company also pays a quarterly dividend of $0.15, representing a 2.1% annualized yield.

Inspire Investing LLC raised its position in Edgewell Personal Care Company (NYSE:EPC - Free Report) by 292.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 119,880 shares of the company's stock after buying an additional 89,303 shares during the period. Inspire Investing LLC owned about 0.26% of Edgewell Personal Care worth $3,234,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Edgewell Personal Care during the 2nd quarter valued at about $197,543,000. Rubric Capital Management LP grew 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 worth $85,360,000 after buying an additional 2,992,929 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter worth approximately $14,542,000. Bank of New York Mellon Corp acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter worth approximately $7,948,000. Finally, Bank of America Corp DE raised its stake in shares of Edgewell Personal Care by 176.5% during the first quarter. Bank of America Corp DE now owns 260,344 shares of the company's stock worth $5,556,000 after buying an additional 166,204 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Stock Down 2.9%

EPC stock opened at $28.04 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $1.29 billion, a PE ratio of -14.02 and a beta of 0.34. Edgewell Personal Care Company has a 1-year low of $15.73 and a 1-year high of $29.95. The business's 50 day simple moving average is $27.81 and its 200 day simple moving average is $25.06.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $570.10 million during the quarter, compared to the consensus estimate of $574.87 million. During the same quarter last year, the firm posted $1.04 EPS. The company's quarterly revenue 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. As a group, research analysts anticipate that Edgewell Personal Care Company will post 1.94 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. Edgewell Personal Care's dividend payout ratio is presently -30.00%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Canaccord Genuity Group lifted their target price on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Weiss Ratings raised Edgewell Personal Care from a "sell (d)" rating to a "sell (d+)" rating in a research note on Tuesday, August 25th. Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price target on 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, Barclays lifted their price objective on Edgewell Personal Care from $28.00 to $29.00 and gave the stock an "equal weight" rating in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Edgewell Personal Care currently has a consensus rating of "Hold" and an average target price of $31.50.

Edgewell Personal Care Profile

Edgewell Personal Care Company NYSE: EPC is a global consumer products company focused on personal care products. Its portfolio includes shaving, sun care, skin care and feminine care products sold under brands such as Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog, Jack Black and Playtex.

The company's shaving business offers razors, blades, shaving creams and gels for men and women. Its sun and skin care operations provide sunscreen, after-sun products and related personal care items, while its feminine care portfolio includes tampons and other menstrual care products.

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