Smith Chas P & Associates PA Cpas Acquires 108,108 Shares of Procter & Gamble Company (The) $PG

Smith Chas P & Associates PA Cpas raised its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 66.8% in the fourth quarter, Holdings Channel reports. The fund owned 269,954 shares of the company’s stock after buying an additional 108,108 shares during the quarter. Procter & Gamble comprises approximately 2.0% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 22nd biggest holding. Smith Chas P & Associates PA Cpas’ holdings in Procter & Gamble were worth $38,687,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. boosted its holdings in Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the period. Park Square Financial Group LLC boosted its holdings in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the period. Maseco LLP bought a new stake in Procter & Gamble during the fourth quarter valued at about $28,000. Saranac Partners Ltd bought a new stake in Procter & Gamble during the third quarter valued at about $30,000. Finally, Caitlin John LLC bought a new stake in Procter & Gamble during the third quarter valued at about $34,000. 65.77% of the stock is currently owned by institutional investors.

Insider Transactions at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the transaction, the chief executive officer owned 1,029 shares of the company’s stock, valued at $170,083.41. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

Procter & Gamble Stock Up 3.2%

Shares of PG opened at $147.52 on Thursday. The company has a 50-day simple moving average of $144.58 and a 200-day simple moving average of $147.92. The firm has a market capitalization of $343.52 billion, a P/E ratio of 21.57, a P/E/G ratio of 6.13 and a beta of 0.41. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99.

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

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. UBS Group upped their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Morgan Stanley decreased their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Evercore set a $162.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Finally, TD Cowen upped their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $161.06.

Get Our Latest Analysis on PG

Key Procter & Gamble News

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About Procter & Gamble

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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