Mesirow Financial Investment Management Inc. Sells 3,664 Shares of Procter & Gamble Company (The) $PG

Mesirow Financial Investment Management Inc. reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 58,099 shares of the company’s stock after selling 3,664 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Procter & Gamble were worth $8,327,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Maseco LLP purchased a new position in Procter & Gamble in the 4th quarter worth $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble in the 3rd quarter worth $30,000. Caitlin John LLC purchased a new position in Procter & Gamble in the 3rd quarter worth $34,000. Finally, Anfield Capital Management LLC raised its position in Procter & Gamble by 121.5% in the 4th quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock worth $34,000 after purchasing an additional 130 shares during the period. 65.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on PG. Morgan Stanley decreased their target price on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Evercore set a $162.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $163.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Finally, UBS Group lifted their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and an average target price of $161.06.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $142.34 on Thursday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $170.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The company’s 50-day moving average is $146.77 and its 200 day moving average is $148.33. The stock has a market capitalization of $331.46 billion, a P/E ratio of 20.81, a P/E/G ratio of 6.17 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the company earned $1.54 earnings per share. Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be given a dividend of $1.0885 per share. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, April 24th. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Insider Activity at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider owned 44,735 shares in the company, valued at $7,259,595.80. The trade was a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. This represents a 84.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,527 shares of company stock worth $3,667,283 over the last 90 days. 0.20% of the stock is owned by company insiders.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.