Norges Bank Makes New Investment in Edgewell Personal Care Company $EPC

Norges Bank bought a new position in shares of Edgewell Personal Care Company (NYSE:EPC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,250,000 shares of the company’s stock, valued at approximately $21,312,000. Norges Bank owned about 2.68% of Edgewell Personal Care at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its holdings in Edgewell Personal Care by 45.3% in the fourth quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock valued at $67,000 after acquiring an additional 1,218 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in Edgewell Personal Care in the third quarter valued at approximately $87,000. PNC Financial Services Group Inc. boosted its holdings in Edgewell Personal Care by 364.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,234 shares of the company’s stock valued at $89,000 after acquiring an additional 4,107 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Edgewell Personal Care by 67.4% in the second quarter. Tower Research Capital LLC TRC now owns 4,201 shares of the company’s stock valued at $98,000 after acquiring an additional 1,692 shares during the last quarter. Finally, Daytona Street Capital LLC bought a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $102,000. 91.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on EPC. UBS Group upped their target price on Edgewell Personal Care from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Royal Bank Of Canada set a $26.00 target price on Edgewell Personal Care and gave the company an “outperform” rating in a report on Thursday, April 9th. Wells Fargo & Company set a $24.00 target price on Edgewell Personal Care in a report on Tuesday, February 17th. Finally, Barclays upped their target price on Edgewell Personal Care from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $24.50.

Edgewell Personal Care Trading Up 1.8%

NYSE EPC opened at $20.65 on Wednesday. The firm has a market capitalization of $951.64 million, a P/E ratio of -12.37 and a beta of 0.48. The business has a fifty day simple moving average of $20.39 and a 200 day simple moving average of $19.60. Edgewell Personal Care Company has a 12 month low of $15.73 and a 12 month high of $27.24. The company has a current ratio of 1.81, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.17. The business had revenue of $519.50 million during 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%.Edgewell Personal Care’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. On average, analysts predict that Edgewell Personal Care Company will post 1.95 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, June 10th. Edgewell Personal Care’s dividend payout ratio is presently -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.