Gabelli Funds LLC Sells 68,100 Shares of Edgewell Personal Care Company $EPC

Gabelli Funds LLC reduced its position in shares of Edgewell Personal Care Company (NYSE:EPC) by 17.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 320,325 shares of the company’s stock after selling 68,100 shares during the quarter. Gabelli Funds LLC’s holdings in Edgewell Personal Care were worth $5,462,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new stake in Edgewell Personal Care during the 3rd quarter valued at $2,290,000. Nicola Wealth Management LTD. raised its holdings in Edgewell Personal Care by 80.8% in the 3rd quarter. Nicola Wealth Management LTD. now owns 199,200 shares of the company’s stock worth $4,055,000 after purchasing an additional 89,000 shares in the last quarter. Invenomic Capital Management LP raised its holdings in Edgewell Personal Care by 30.1% in the 3rd quarter. Invenomic Capital Management LP now owns 445,432 shares of the company’s stock worth $9,069,000 after purchasing an additional 103,095 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in Edgewell Personal Care in the 3rd quarter worth $1,235,000. Finally, SG Americas Securities LLC raised its holdings in Edgewell Personal Care by 273.6% in the 4th quarter. SG Americas Securities LLC now owns 173,502 shares of the company’s stock worth $2,958,000 after purchasing an additional 127,061 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EPC has been the subject of several research reports. Zacks Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings restated a “sell (d)” rating on shares of Edgewell Personal Care in a report on Friday, March 27th. UBS Group upped their price objective 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. Barclays upped their price objective on shares of Edgewell Personal Care from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Three investment 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, the company has a consensus rating of “Hold” and a consensus price target of $24.50.

Edgewell Personal Care Stock Up 5.7%

NYSE:EPC opened at $16.91 on Thursday. The firm’s 50-day moving average price is $20.81 and its 200-day moving average price is $19.60. The company has a market capitalization of $779.07 million, a PE ratio of -10.12 and a beta of 0.55. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.81 and a quick ratio of 1.07. Edgewell Personal Care Company has a 1-year low of $15.73 and a 1-year high of $28.28.

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

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.5%. Edgewell Personal Care’s dividend payout ratio is currently -35.93%.

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.