Gabelli Funds LLC Sells 30,000 Shares of Edgewell Personal Care Company $EPC

Gabelli Funds LLC decreased its position in Edgewell Personal Care Company (NYSE:EPC) by 9.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 290,325 shares of the company’s stock after selling 30,000 shares during the period. Gabelli Funds LLC owned 0.63% of Edgewell Personal Care worth $6,196,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EPC. Norges Bank purchased a new stake in shares of Edgewell Personal Care in the 4th quarter worth $21,312,000. Rubric Capital Management LP purchased a new position in shares of Edgewell Personal Care during the fourth quarter valued at $17,171,000. Brandes Investment Partners LP increased its stake in shares of Edgewell Personal Care by 16.4% during the fourth quarter. Brandes Investment Partners LP now owns 6,119,499 shares of the company’s stock valued at $104,337,000 after buying an additional 861,940 shares during the period. Two Sigma Investments LP raised its holdings in shares of Edgewell Personal Care by 206.6% in the third quarter. Two Sigma Investments LP now owns 616,132 shares of the company’s stock valued at $12,544,000 after acquiring an additional 415,186 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of Edgewell Personal Care in the fourth quarter valued at about $3,669,000. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Up 0.9%

Shares of NYSE EPC opened at $27.89 on Tuesday. Edgewell Personal Care Company has a 1-year low of $15.73 and a 1-year high of $29.85. The business has a fifty day moving average price of $23.54 and a 200 day moving average price of $21.69. The stock has a market capitalization of $1.29 billion, a P/E ratio of -16.70 and a beta of 0.38. 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 (NYSE:EPC) last posted its earnings results on Wednesday, May 6th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.17. The company 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 firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. Equities research analysts expect that Edgewell Personal Care Company will post 1.94 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%. Edgewell Personal Care’s payout ratio is presently -35.93%.

Analysts Set New Price Targets

A number of analysts recently weighed in on EPC shares. Wells Fargo & Company upped their price objective on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Barclays boosted their price target on shares of Edgewell Personal Care from $21.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Royal Bank Of Canada set a $26.00 price target on shares of Edgewell Personal Care and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Canaccord Genuity Group increased their price objective on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $28.00.

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.