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

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EPC. Wells Fargo & Company set a $24.00 target price on shares of Edgewell Personal Care in a research note on Tuesday, February 17th. Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Royal Bank Of Canada set a $26.00 target price on shares of Edgewell Personal Care and gave the stock an “outperform” rating in a research note on Thursday, April 9th. UBS Group increased their price target on shares of Edgewell Personal Care from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.50.

Edgewell Personal Care Trading Up 6.8%

The firm has a market capitalization of $1.07 billion, a PE ratio of -13.89 and a beta of 0.48. The business has a 50 day moving average price of $20.40 and a 200-day moving average price of $19.66. The company has a current ratio of 1.81, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.43 by $0.17. The business 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 company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. Analysts expect that Edgewell Personal Care Company will post 1.95 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in shares of Edgewell Personal Care by 679.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company’s stock worth $27,000 after purchasing an additional 1,115 shares during the last quarter. Aster Capital Management DIFC Ltd grew its holdings in Edgewell Personal Care by 158.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock valued at $25,000 after buying an additional 910 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Edgewell Personal Care during the fourth quarter worth $30,000. Quadrant Capital Group LLC increased its position in Edgewell Personal Care by 291.9% during the fourth quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock worth $34,000 after buying an additional 1,471 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Edgewell Personal Care by 45.3% in the fourth quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock worth $67,000 after acquiring an additional 1,218 shares during the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

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.