Edgewell Personal Care Company $EPC Shares Newly Bought by Milestone Asset Management LLC

Milestone Asset Management LLC bought a new stake in Edgewell Personal Care Company (NYSE:EPC) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 50,054 shares of the company’s stock, valued at approximately $1,350,000.

Several other institutional investors and hedge funds have also bought and sold shares of EPC. Legal & General Group Plc purchased a new position in shares of Edgewell Personal Care during the 2nd quarter worth $2,786,000. Bank of America Corp DE bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at $6,271,000. BlackRock Inc. bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at $197,543,000. Commerce Bank purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter worth $3,678,000. Finally, Corient Private Wealth LP increased its stake in shares of Edgewell Personal Care by 359.9% in the 2nd quarter. Corient Private Wealth LP now owns 148,273 shares of the company’s stock worth $3,982,000 after purchasing an additional 116,030 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Trading Down 0.6%

Edgewell Personal Care stock opened at $28.06 on Friday. Edgewell Personal Care Company has a 12-month low of $15.73 and a 12-month high of $29.95. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of -14.03 and a beta of 0.34. The firm has a 50 day moving average of $27.86 and a 200 day moving average of $24.80. The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.08. Edgewell Personal Care had a negative net margin of 4.55% and a positive return on equity of 5.76%. The business had revenue of $570.10 million for the quarter, compared to the consensus estimate of $574.87 million. During the same quarter in the previous year, the firm earned $1.04 earnings per share. 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. As a group, 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. Edgewell Personal Care’s dividend payout ratio is -30.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EPC. Royal Bank Of Canada raised their target price on Edgewell Personal Care from $26.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. UBS Group reiterated a “neutral” rating and set a $30.00 target price on shares of Edgewell Personal Care in a research report on Thursday. Canaccord Genuity Group boosted their price target on Edgewell Personal Care from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Wells Fargo & Company cut their price target on Edgewell Personal Care from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Finally, Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a research report on Thursday, August 6th. Three 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $31.50.

Edgewell Personal Care Profile

Edgewell Personal Care Co (NYSE:EPC) is a global consumer products company focused on personal care. Its portfolio includes shaving, sun and skin care, and feminine care products sold under a range of established brands.

The company’s shaving brands include Schick, Wilkinson Sword, Edge, and Skintimate. Its sun and skin care portfolio includes Banana Boat, Hawaiian Tropic, Bulldog, and Jack Black, while its feminine care products include Playtex, Stayfree, and Carefree. Edgewell sells products through mass retailers, supermarkets, drugstores, specialty retailers, e-commerce channels, and other distribution networks.

Edgewell was established in 2015 when Energizer Holdings separated its personal care business into an independent publicly traded company.