Vanguard Group Inc. Acquires 266,611 Shares of Edgewell Personal Care Company $EPC

Key Points

• Vanguard Group Inc. has increased its stake in Edgewell Personal Care Company by 4.6%, owning approximately 12.58% of the company's stock, valued at $189.34 million.
• Edgewell Personal Care reported a quarterly net margin of 2.94% and a decrease in revenue of 3.2% year-over-year, totaling $627.20 million for the period.
• The company also declared a $0.15 quarterly dividend, representing an annualized dividend of $0.60 with a yield of 2.6%.

Vanguard Group Inc. lifted its position in shares of Edgewell Personal Care Company (NYSE:EPC - Free Report) by 4.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 6,066,471 shares of the company's stock after acquiring an additional 266,611 shares during the quarter. Vanguard Group Inc. owned approximately 12.58% of Edgewell Personal Care worth $189,335,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Edgewell Personal Care by 4,732.4% during the 1st quarter. GAMMA Investing LLC now owns 23,002 shares of the company's stock worth $737,000 after acquiring an additional 22,526 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Edgewell Personal Care by 3.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company's stock worth $561,000 after purchasing an additional 517 shares in the last quarter. Blue Trust Inc. lifted its holdings in Edgewell Personal Care by 35.3% during the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock worth $97,000 after purchasing an additional 809 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Edgewell Personal Care by 2.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company's stock worth $928,000 after purchasing an additional 702 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in Edgewell Personal Care by 71.3% during the 4th quarter. LPL Financial LLC now owns 12,057 shares of the company's stock worth $405,000 after purchasing an additional 5,019 shares in the last quarter. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of EPC traded up $0.5620 during trading hours on Friday, reaching $23.9220. 544,401 shares of the company's stock traded hands, compared to its average volume of 971,410. The stock has a market cap of $1.11 billion, a PE ratio of 17.72 and a beta of 0.81. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. The firm's 50 day simple moving average is $24.35 and its 200-day simple moving average is $27.62. Edgewell Personal Care Company has a 12 month low of $19.13 and a 12 month high of $40.71.

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 (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by ($0.09). The business had revenue of $627.20 million for the quarter, compared to the consensus estimate of $658.51 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The business's revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 EPS. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Equities analysts expect that Edgewell Personal Care Company will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be paid 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 payout ratio is 44.44%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on EPC shares. Wall Street Zen raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. Barclays dropped their price objective on Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 6th. Royal Bank Of Canada dropped their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. Morgan Stanley raised Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and dropped their price objective for the stock from $26.00 to $23.00 in a report on Wednesday, August 6th. Finally, UBS Group dropped their price objective on Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $29.29.

Edgewell Personal Care 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.