Madison Asset Management LLC Purchases New Position in Edgewell Personal Care Company $EPC

Madison Asset Management LLC acquired a new position in Edgewell Personal Care Company (NYSE:EPC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 133,998 shares of the company's stock, valued at approximately $3,599,000. Madison Asset Management LLC owned about 0.29% of Edgewell Personal Care as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WINTON GROUP Ltd acquired a new position in shares of Edgewell Personal Care during the 4th quarter worth $2,054,000. Nicola Wealth Management LTD. raised its holdings in shares of Edgewell Personal Care by 54.7% during the 4th quarter. Nicola Wealth Management LTD. now owns 308,200 shares of the company's stock valued at $5,255,000 after purchasing an additional 109,000 shares in the last quarter. Rubric Capital Management LP lifted its stake in shares of Edgewell Personal Care by 297.2% in the 1st quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company's stock valued at $85,360,000 after purchasing an additional 2,992,929 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Edgewell Personal Care by 16,348.4% in the 1st quarter. Fifth Third Bancorp now owns 36,351 shares of the company's stock valued at $776,000 after purchasing an additional 36,130 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in Edgewell Personal Care by 166.7% in the first quarter. Sei Investments Co. now owns 57,924 shares of the company's stock worth $1,236,000 after purchasing an additional 36,203 shares in the last quarter. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC opened at $27.54 on Friday. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -13.77 and a beta of 0.39. The business has a 50 day moving average price of $26.99 and a 200 day moving average price of $22.89. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.85. Edgewell Personal Care Company has a twelve month low of $15.73 and a twelve month high of $29.95.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, topping 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 company had revenue of $570.10 million for the quarter, compared to the consensus estimate of $574.87 million. During the same period in the previous year, the business posted $1.04 EPS. The company'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. Research analysts predict that Edgewell Personal Care Company will post 1.94 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 9th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. Edgewell Personal Care's payout ratio is -30.00%.

Wall Street Analysts Forecast Growth

EPC has been the subject of a number of analyst reports. Barclays boosted their price target on Edgewell Personal Care from $28.00 to $29.00 and gave the stock an "equal weight" rating in a research report on Friday, August 7th. Canaccord Genuity Group boosted their target price on 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 reaffirmed a "sell (d)" rating on shares of Edgewell Personal Care in a research report on Wednesday, June 24th. Wall Street Zen upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company increased their price target on Edgewell Personal Care from $24.00 to $30.00 and gave the company an "overweight" rating in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Edgewell Personal Care currently has a consensus rating of "Hold" and a consensus price target of $31.83.

About Edgewell Personal Care

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.

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