Edgewell Personal Care (NYSE:EPC) Stock Price Target Lowered at Wells Fargo & Company

Edgewell Personal Care (NYSE:EPC) had its price objective reduced by Wells Fargo & Company from $32.00 to $30.00 in a research report sent to investors on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

EPC has been the topic of several other reports. Barclays lifted their price objective on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their target price on Edgewell Personal Care from $26.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. UBS Group raised their target price on Edgewell Personal Care from $29.00 to $32.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a report on Thursday, August 6th. Finally, Weiss Ratings raised Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 25th. Three research 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 a consensus rating of “Hold” and a consensus target price of $31.83.

Edgewell Personal Care Trading Down 0.6%

Shares of NYSE EPC opened at $26.81 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.85. Edgewell Personal Care has a 12 month low of $15.73 and a 12 month high of $29.95. The company has a market cap of $1.24 billion, a price-to-earnings ratio of -13.41 and a beta of 0.34. The business has a fifty day simple moving average of $27.89 and a 200-day simple moving average of $24.36.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.08. The firm had revenue of $570.10 million for the quarter, compared to analysts’ expectations 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 revenue was down 9.1% on a year-over-year basis. During the same quarter last year, the business posted $1.04 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. Sell-side analysts predict that Edgewell Personal Care will post 1.94 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%. Edgewell Personal Care’s dividend payout ratio (DPR) is -30.00%.

Hedge Funds Weigh In On Edgewell Personal Care

Several institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Edgewell Personal Care during the second quarter valued at $197,543,000. Brandes Investment Partners LP boosted its holdings in Edgewell Personal Care by 16.4% in the fourth 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. Rubric Capital Management LP boosted its holdings in Edgewell Personal Care by 297.2% in the first quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company’s stock worth $85,360,000 after purchasing an additional 2,992,929 shares in the last quarter. Norges Bank acquired a new position in Edgewell Personal Care during the fourth quarter worth $21,312,000. Finally, William Blair Investment Management LLC acquired a new position in Edgewell Personal Care during the second quarter worth $14,542,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Company Profile

Edgewell Personal Care Co (NYSE:EPC) is a global consumer products company focused on personal care. Its portfolio includes shaving, sun and skin care, and feminine care products sold under a range of established brands.

The company’s shaving brands include Schick, Wilkinson Sword, Edge, and Skintimate. Its sun and skin care portfolio includes Banana Boat, Hawaiian Tropic, Bulldog, and Jack Black, while its feminine care products include Playtex, Stayfree, and Carefree. Edgewell sells products through mass retailers, supermarkets, drugstores, specialty retailers, e-commerce channels, and other distribution networks.

Edgewell was established in 2015 when Energizer Holdings separated its personal care business into an independent publicly traded company.