Pincus Capital Management LP Acquires Shares of 237,090 Procter & Gamble Company (The) $PG

Pincus Capital Management LP acquired a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 237,090 shares of the company’s stock, valued at approximately $33,977,000. Procter & Gamble makes up about 22.7% of Pincus Capital Management LP’s holdings, making the stock its biggest position.

Other institutional investors have also added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. grew its holdings in 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 valued at $25,000 after buying an additional 150 shares in the last quarter. Park Square Financial Group LLC grew its holdings in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. Maseco LLP purchased a new position in shares of Procter & Gamble in the fourth quarter valued at $28,000. Saranac Partners Ltd purchased a new position in shares of Procter & Gamble in the third quarter valued at $30,000. Finally, Caitlin John LLC purchased a new position in shares of Procter & Gamble in the third quarter valued at $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PG shares. Piper Sandler raised their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Erste Group Bank lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. TD Cowen raised their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Jefferies Financial Group cut their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. Finally, Evercore set a $162.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $161.06.

Procter & Gamble Stock Down 2.2%

NYSE PG opened at $140.34 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $144.32 and a two-hundred day moving average of $147.85. The firm has a market capitalization of $326.81 billion, a price-to-earnings ratio of 20.52, a PEG ratio of 6.15 and a beta of 0.39. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $169.04.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The company 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%. Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a yield of 3.1%. Procter & Gamble’s payout ratio is presently 63.60%.

Procter & Gamble Company 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.