Nomura Asset Management Co. Ltd. Grows Position in Procter & Gamble Company (The) $PG

Nomura Asset Management Co. Ltd. boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.7% in the 4th quarter, HoldingsChannel reports. The fund owned 1,255,118 shares of the company’s stock after acquiring an additional 8,404 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Procter & Gamble were worth $179,871,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. raised its position in Procter & Gamble by 1,000.0% in the fourth 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 in the last quarter. Park Square Financial Group LLC raised its position in Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Maseco LLP purchased a new position in Procter & Gamble in the fourth quarter worth $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble in the third quarter worth $30,000. Finally, Caitlin John LLC purchased a new position in Procter & Gamble in the third quarter worth $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Wells Fargo & Company lifted their price objective on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. TD Cowen lifted their price objective on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Morgan Stanley reduced their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.06.

Procter & Gamble Stock Performance

Shares of PG stock opened at $143.60 on Friday. The stock has a fifty day moving average price of $144.41 and a 200 day moving average price of $147.89. The stock has a market cap of $334.39 billion, a PE ratio of 20.99, a P/E/G ratio of 6.15 and a beta of 0.41. 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 quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the firm posted $1.54 earnings per share. Procter & Gamble’s 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. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

About Procter & Gamble

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.