103,724 Shares in Edgewell Personal Care Company $EPC Acquired by Legal & General Group Plc

Legal & General Group Plc bought a new position in Edgewell Personal Care Company (NYSE:EPC) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 103,724 shares of the company’s stock, valued at approximately $2,786,000.

A number of other hedge funds have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd grew its position in Edgewell Personal Care by 158.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after buying an additional 910 shares in the last quarter. EverSource Wealth Advisors LLC boosted 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 valued at $27,000 after acquiring an additional 1,115 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Edgewell Personal Care during the second quarter worth about $27,000. Meeder Asset Management Inc. purchased a new position in shares of Edgewell Personal Care during the fourth quarter worth about $30,000. Finally, Quadrant Capital Group LLC increased its position in shares of Edgewell Personal Care by 291.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock worth $34,000 after purchasing an additional 1,471 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EPC has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their target price on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. UBS Group boosted their price target on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Morgan Stanley set a $31.00 price objective on shares of Edgewell Personal Care in a research report on Thursday, August 6th. Finally, Barclays lifted their price objective on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.83.

Edgewell Personal Care Stock Performance

Shares of EPC stock opened at $28.78 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. Edgewell Personal Care Company has a fifty-two week low of $15.73 and a fifty-two week high of $29.95. The company has a market capitalization of $1.33 billion, a P/E ratio of -14.39 and a beta of 0.39. The stock has a 50 day moving average price of $27.96 and a two-hundred day moving average price of $23.49.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, topping 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 company had revenue of $570.10 million for the quarter, compared to the consensus estimate of $574.87 million. During the same period in the previous year, the firm earned $1.04 earnings per share. The firm’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. Analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. Edgewell Personal Care’s dividend payout ratio (DPR) is -30.00%.

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.