Renaissance Technologies LLC cut its position in shares of Edgewell Personal Care Company (NYSE:EPC – Free Report) by 76.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,900 shares of the company’s stock after selling 164,300 shares during the period. Renaissance Technologies LLC owned about 0.11% of Edgewell Personal Care worth $1,086,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. Aster Capital Management DIFC Ltd lifted its position in Edgewell Personal Care by 158.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after purchasing an additional 910 shares during the period. Meeder Asset Management Inc. bought a new stake in Edgewell Personal Care in the 4th quarter valued at $30,000. Quadrant Capital Group LLC raised its stake in shares of Edgewell Personal Care by 291.9% in the 4th quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock valued at $34,000 after buying an additional 1,471 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Edgewell Personal Care by 45.3% in the 4th quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock valued at $67,000 after buying an additional 1,218 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new position in shares of Edgewell Personal Care during the 3rd quarter worth about $87,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages have recently weighed in on EPC. UBS Group lifted their target price on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Royal Bank Of Canada raised their price target on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Canaccord Genuity Group lifted their price objective on Edgewell Personal Care from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Barclays upped their price objective on Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Edgewell Personal Care in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.83.
Edgewell Personal Care Stock Down 0.3%
Shares of NYSE:EPC opened at $28.38 on Friday. Edgewell Personal Care Company has a 52 week low of $15.73 and a 52 week high of $29.95. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. The company’s fifty day moving average is $26.42 and its 200-day moving average is $22.61. The company has a market capitalization of $1.31 billion, a PE ratio of -14.19 and a beta of 0.39.
Edgewell Personal Care (NYSE:EPC – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.08. The business had revenue of $570.10 million for the quarter, compared to analyst estimates of $574.87 million. Edgewell Personal Care had a negative net margin of 4.55% and a positive return on equity of 5.76%. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. Equities research analysts predict that Edgewell Personal Care Company will post 1.94 earnings per share for the current fiscal year.
Edgewell Personal Care Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. Edgewell Personal Care’s payout ratio is -30.00%.
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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