Rubric Capital Management LP lifted its holdings in Edgewell Personal Care Company (NYSE:EPC – Free Report) by 297.2% during the first quarter, HoldingsChannel.com reports. The firm owned 4,000,000 shares of the company’s stock after purchasing an additional 2,992,929 shares during the period. Edgewell Personal Care accounts for 0.9% of Rubric Capital Management LP’s portfolio, making the stock its 24th biggest position. Rubric Capital Management LP owned about 0.09% of Edgewell Personal Care worth $85,360,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in EPC. Maverick Capital Ltd. acquired a new stake in Edgewell Personal Care in the 1st quarter valued at $3,526,000. Quantinno Capital Management LP lifted its position in Edgewell Personal Care by 183.1% during the 1st quarter. Quantinno Capital Management LP now owns 52,607 shares of the company’s stock worth $1,123,000 after buying an additional 34,024 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Edgewell Personal Care by 166.7% during the 1st quarter. Sei Investments Co. now owns 57,924 shares of the company’s stock worth $1,236,000 after buying an additional 36,203 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Edgewell Personal Care by 7.8% during the 1st quarter. Cetera Investment Advisers now owns 13,787 shares of the company’s stock worth $294,000 after buying an additional 998 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Edgewell Personal Care by 4.6% in the 1st quarter. First Trust Advisors LP now owns 205,543 shares of the company’s stock valued at $4,386,000 after acquiring an additional 9,105 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on EPC. Canaccord Genuity Group lifted their target price on Edgewell Personal Care from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Wall Street Zen raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Wells Fargo & Company raised their price target on Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Zacks Research upgraded Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Barclays increased their price objective on Edgewell Personal Care from $21.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $28.00.
Edgewell Personal Care Stock Up 0.9%
Edgewell Personal Care stock opened at $27.89 on Tuesday. The firm has a market capitalization of $1.29 billion, a PE ratio of -16.70 and a beta of 0.38. The company’s 50-day moving average is $23.54 and its 200-day moving average is $21.69. Edgewell Personal Care Company has a fifty-two week low of $15.73 and a fifty-two week high of $29.85. 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 – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.17. Edgewell Personal Care had a negative net margin of 3.69% and a positive return on equity of 6.31%. The company had revenue of $519.50 million for the quarter, compared to analysts’ expectations of $518.51 million. During the same period in the prior year, the firm earned $0.69 EPS. Edgewell Personal Care’s quarterly 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. Sell-side analysts anticipate that Edgewell Personal Care Company will post 1.94 earnings per share for the current year.
Edgewell Personal Care Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 10th were paid a $0.15 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $0.60 annualized dividend and a yield of 2.2%. Edgewell Personal Care’s dividend payout ratio is currently -35.93%.
Edgewell Personal Care 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.
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