Inspire Investing LLC Has $456,000 Stake in Edgewell Personal Care Company $EPC

Inspire Investing LLC boosted its stake in Edgewell Personal Care Company (NYSE:EPC) by 48.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,474 shares of the company’s stock after purchasing an additional 6,350 shares during the period. Inspire Investing LLC’s holdings in Edgewell Personal Care were worth $456,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Voya Investment Management LLC increased its stake in shares of Edgewell Personal Care by 38.6% in the first quarter. Voya Investment Management LLC now owns 54,720 shares of the company’s stock valued at $1,708,000 after buying an additional 15,248 shares during the period. GAMMA Investing LLC increased its position in Edgewell Personal Care by 4,732.4% during the 1st quarter. GAMMA Investing LLC now owns 23,002 shares of the company’s stock valued at $737,000 after purchasing an additional 22,526 shares during the period. Janney Montgomery Scott LLC increased its position in Edgewell Personal Care by 3.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company’s stock valued at $561,000 after purchasing an additional 517 shares during the period. Blue Trust Inc. increased its position in Edgewell Personal Care by 35.3% during the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock valued at $97,000 after purchasing an additional 809 shares during the period. Finally, Invesco Ltd. increased its position in Edgewell Personal Care by 1.3% during the 1st quarter. Invesco Ltd. now owns 435,529 shares of the company’s stock valued at $13,593,000 after purchasing an additional 5,401 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on EPC. Morgan Stanley upgraded shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and decreased their price objective for the stock from $26.00 to $23.00 in a research report on Wednesday, August 6th. UBS Group decreased their price target on Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Barclays decreased their price target on Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Zacks Research upgraded Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Edgewell Personal Care in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Edgewell Personal Care presently has a consensus rating of “Hold” and an average target price of $28.29.

Edgewell Personal Care Stock Performance

NYSE EPC opened at $19.65 on Monday. The company has a fifty day simple moving average of $21.91 and a 200 day simple moving average of $25.40. Edgewell Personal Care Company has a 12-month low of $19.13 and a 12-month high of $38.44. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. The company has a market cap of $913.02 million, a P/E ratio of 14.56 and a beta of 0.83.

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

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, September 4th. This represents a $0.60 dividend on an annualized basis and a yield of 3.1%. Edgewell Personal Care’s payout ratio is 44.44%.

Edgewell Personal Care Company Profile

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.