Norges Bank Takes $21.31 Million Position in Edgewell Personal Care Company $EPC

Norges Bank bought a new stake in shares of Edgewell Personal Care Company (NYSE:EPC) in the 4th quarter, HoldingsChannel reports. The fund bought 1,250,000 shares of the company’s stock, valued at approximately $21,312,000.

Several other large investors have also recently made changes to their positions in EPC. Hantz Financial Services Inc. increased its position in shares of Edgewell Personal Care by 45.3% during the 4th quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock valued at $67,000 after purchasing an additional 1,218 shares during the last quarter. iSAM Funds UK Ltd purchased a new stake in shares of Edgewell Personal Care during the 3rd quarter valued at $87,000. PNC Financial Services Group Inc. increased its position in shares of Edgewell Personal Care by 364.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,234 shares of the company’s stock valued at $89,000 after purchasing an additional 4,107 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Edgewell Personal Care by 67.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,201 shares of the company’s stock valued at $98,000 after purchasing an additional 1,692 shares during the last quarter. Finally, Daytona Street Capital LLC purchased a new stake in shares of Edgewell Personal Care during the 4th quarter valued at $102,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EPC shares. Royal Bank Of Canada set a $26.00 target price on Edgewell Personal Care and gave the company an “outperform” rating in a research report on Thursday, April 9th. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research upgraded Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Barclays increased their price target on Edgewell Personal Care from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 10th. Finally, UBS Group increased their price target on Edgewell Personal Care from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.50.

Edgewell Personal Care Stock Up 1.8%

Shares of NYSE EPC opened at $20.65 on Wednesday. Edgewell Personal Care Company has a 52 week low of $15.73 and a 52 week high of $27.24. The business has a 50-day simple moving average of $20.39 and a two-hundred day simple moving average of $19.60. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.86. The company has a market cap of $951.64 million, a P/E ratio of -12.37 and a beta of 0.48.

Edgewell Personal Care (NYSE:EPC) last issued its 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. Edgewell Personal Care had a positive return on equity of 6.31% and a negative net margin of 3.69%.The business had revenue of $519.50 million during the quarter, compared to the consensus estimate of $518.51 million. During the same quarter last year, the company earned $0.69 EPS. The firm’s revenue was up .6% compared to the same quarter last year. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. Research analysts anticipate that Edgewell Personal Care Company will post 1.95 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 10th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.60 annualized dividend and a yield of 2.9%. Edgewell Personal Care’s dividend payout ratio (DPR) 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.