William Blair Investment Management LLC Makes New Investment in Edgewell Personal Care Company $EPC

William Blair Investment Management LLC acquired a new stake in Edgewell Personal Care Company (NYSE:EPCFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 541,392 shares of the company’s stock, valued at approximately $14,542,000.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Edgewell Personal Care during the second quarter worth about $197,543,000. Rubric Capital Management LP boosted its stake in Edgewell Personal Care by 297.2% during the 1st quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company’s stock valued at $85,360,000 after purchasing an additional 2,992,929 shares during the last quarter. Norges Bank acquired a new position in Edgewell Personal Care during the 4th quarter valued at about $21,312,000. Brandes Investment Partners LP increased its holdings in Edgewell Personal Care by 16.4% during the 4th quarter. Brandes Investment Partners LP now owns 6,119,499 shares of the company’s stock worth $104,337,000 after purchasing an additional 861,940 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in Edgewell Personal Care by 206.6% during the 3rd quarter. Two Sigma Investments LP now owns 616,132 shares of the company’s stock worth $12,544,000 after purchasing an additional 415,186 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Edgewell Personal Care in a report on Wednesday, June 24th. Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a report on Thursday, August 6th. Canaccord Genuity Group increased their price target 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. Royal Bank Of Canada raised their price objective on Edgewell Personal Care from $26.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, UBS Group lifted their price objective on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $31.83.

Check Out Our Latest Stock Analysis on EPC

Edgewell Personal Care Price Performance

Edgewell Personal Care stock opened at $28.52 on Friday. Edgewell Personal Care Company has a 52 week low of $15.73 and a 52 week high of $29.95. The company’s 50 day moving average price is $27.10 and its two-hundred day moving average price is $22.93. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.85. The stock has a market cap of $1.31 billion, a P/E ratio of -14.26 and a beta of 0.39.

Edgewell Personal Care (NYSE:EPCGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.08. The company had revenue of $570.10 million during the quarter, compared to analyst estimates of $574.87 million. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.Edgewell Personal Care’s quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. On average, equities analysts predict 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 will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, September 9th. Edgewell Personal Care’s dividend payout ratio is -30.00%.

Edgewell Personal Care Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Edgewell Personal Care (NYSE:EPC)

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