Edgewell Personal Care (NYSE:EPC) Stock Price Up 7.7% – Here’s What Happened

Edgewell Personal Care Company (NYSE:EPC) rose 7.7% during mid-day trading on Friday . The stock traded as high as $23.06 and last traded at $23.32. Approximately 273,525 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 759,311 shares. The stock had previously closed at $21.65.

Wall Street Analyst Weigh In

EPC has been the topic of several analyst reports. Royal Bank Of Canada set a $26.00 price objective on Edgewell Personal Care and gave the company an “outperform” rating in a research note on Thursday, April 9th. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group increased their target price on Edgewell Personal Care from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Zacks Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Edgewell Personal Care in a report on Friday, March 27th. 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 stock. According to data from MarketBeat.com, Edgewell Personal Care has an average rating of “Hold” and an average target price of $24.50.

Edgewell Personal Care Stock Performance

The firm has a fifty day simple moving average of $20.40 and a 200-day simple moving average of $19.66. The company has a market cap of $1.07 billion, a PE ratio of -13.89 and a beta of 0.48. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.86.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.17. The company had revenue of $519.50 million for the quarter, compared to analyst estimates of $518.51 million. Edgewell Personal Care had a positive return on equity of 6.31% and a negative net margin of 3.69%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. On average, research analysts forecast that Edgewell Personal Care Company will post 1.95 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently -35.93%.

Hedge Funds Weigh In On Edgewell Personal Care

Several hedge funds have recently made changes to their positions in EPC. Brandes Investment Partners LP boosted its stake in shares of Edgewell Personal Care by 16.4% during the fourth quarter. Brandes Investment Partners LP now owns 6,119,499 shares of the company’s stock worth $104,337,000 after buying an additional 861,940 shares during the period. Rubric Capital Management LP boosted its stake in shares of Edgewell Personal Care by 297.2% during the first 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. American Century Companies Inc. boosted its stake in shares of Edgewell Personal Care by 7.6% during the third quarter. American Century Companies Inc. now owns 3,950,190 shares of the company’s stock worth $80,426,000 after buying an additional 278,919 shares during the period. State Street Corp boosted its stake in shares of Edgewell Personal Care by 0.7% during the fourth quarter. State Street Corp now owns 1,741,485 shares of the company’s stock worth $29,948,000 after buying an additional 12,719 shares during the period. Finally, LSV Asset Management boosted its stake in shares of Edgewell Personal Care by 0.4% during the fourth quarter. LSV Asset Management now owns 1,343,498 shares of the company’s stock worth $22,907,000 after buying an additional 5,544 shares during the period. Hedge funds and other institutional investors own 91.91% of the company’s stock.

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.