Edgewell Personal Care Company $EPC Position Reduced by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. reduced its stake in Edgewell Personal Care Company by 3.2%, resulting in ownership of approximately 4.30% of the company valued at $63.1 million.
• Edgewell Personal Care reported lower-than-expected earnings with EPS of $0.92, missing estimates, and revenue down 3.2% compared to the previous year.
• The company declared a quarterly dividend of $0.15, representing a 2.6% yield, with an annualized payout of $0.60.

Fuller & Thaler Asset Management Inc. lowered its position in shares of Edgewell Personal Care Company (NYSE:EPC - Free Report) by 3.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,021,756 shares of the company's stock after selling 66,150 shares during the period. Fuller & Thaler Asset Management Inc. owned 4.30% of Edgewell Personal Care worth $63,099,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of EPC. PNC Financial Services Group Inc. grew its position 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 worth $30,000 after acquiring an additional 687 shares during the last quarter. Sterling Capital Management LLC grew its position in Edgewell Personal Care by 805.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock valued at $51,000 after buying an additional 1,362 shares in the last quarter. Blue Trust Inc. grew its position in Edgewell Personal Care by 35.3% in the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock valued at $97,000 after buying an additional 809 shares in the last quarter. TD Private Client Wealth LLC grew its position in Edgewell Personal Care by 24.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company's stock valued at $110,000 after buying an additional 686 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Edgewell Personal Care by 166.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company's stock valued at $147,000 after buying an additional 2,725 shares in the last quarter. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

NYSE EPC traded up $0.5620 on Friday, reaching $23.9220. The company's stock had a trading volume of 544,401 shares, compared to its average volume of 980,100. Edgewell Personal Care Company has a twelve month low of $19.13 and a twelve month high of $40.71. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77. The stock has a market cap of $1.11 billion, a PE ratio of 17.72 and a beta of 0.81. The firm's 50 day moving average is $24.35 and its two-hundred day moving average is $27.59.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates 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 analyst estimates of $658.51 million. During the same period in the previous year, the company posted $1.22 earnings per share. Edgewell Personal Care's revenue 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. As a group, sell-side analysts predict that Edgewell Personal Care Company will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, September 4th. Edgewell Personal Care's dividend payout ratio is presently 44.44%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. UBS Group decreased their target price on shares of Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Barclays decreased their target price on shares of Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 6th. Canaccord Genuity Group decreased their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Wells Fargo & Company decreased their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Finally, Morgan Stanley upgraded shares of Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and decreased their target price for the company from $26.00 to $23.00 in a research report on Wednesday, August 6th. Four 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 company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $29.29.

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.