Inspire Investing LLC Boosts Stock Holdings in Edgewell Personal Care Company $EPC

Inspire Investing LLC grew its position in shares of Edgewell Personal Care Company (NYSE:EPC) by 48.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,474 shares of the company’s stock after acquiring an additional 6,350 shares during the quarter. Inspire Investing LLC’s holdings in Edgewell Personal Care were worth $456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EPC. PNC Financial Services Group Inc. boosted its holdings in Edgewell Personal Care by 238.5% during the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after purchasing an additional 687 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Edgewell Personal Care by 167.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock worth $46,000 after buying an additional 1,231 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Edgewell Personal Care by 35.3% in the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock worth $97,000 after buying an additional 809 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Edgewell Personal Care by 24.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock worth $110,000 after buying an additional 686 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of Edgewell Personal Care in the 1st quarter worth approximately $202,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Stock Down 2.7%

EPC stock opened at $19.65 on Monday. The stock has a fifty day moving average of $21.91 and a 200-day moving average of $25.40. Edgewell Personal Care Company has a fifty-two week low of $19.13 and a fifty-two week high of $38.44. The company has a market capitalization of $913.02 million, a price-to-earnings ratio of 14.56 and a beta of 0.83. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.09). The business had revenue of $627.20 million for the quarter, compared to analysts’ expectations of $658.51 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. Edgewell Personal Care’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the company earned $1.22 earnings per share. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, equities research analysts predict that Edgewell Personal Care Company will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Thursday, September 4th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.60 annualized dividend and a yield of 3.1%. Edgewell Personal Care’s dividend payout ratio (DPR) is 44.44%.

Analysts Set New Price Targets

Several research analysts have weighed in on EPC shares. UBS Group cut their price objective on Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Canaccord Genuity Group lowered their target price on Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, August 6th. Barclays cut their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Wells Fargo & Company decreased their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, Morgan Stanley raised shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $26.00 to $23.00 in a research report on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and a consensus target price of $28.29.

About Edgewell Personal Care

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.