Procter & Gamble Company (The) $PG Stock Position Decreased by CenterBook Partners LP

CenterBook Partners LP cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,638 shares of the company’s stock after selling 10,291 shares during the quarter. CenterBook Partners LP’s holdings in Procter & Gamble were worth $4,677,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. boosted its stake 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 in the last quarter. Park Square Financial Group LLC boosted its stake in shares of Procter & Gamble by 65.1% during the 4th 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. Evolution Wealth Management Inc. boosted its stake in shares of Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after acquiring an additional 171 shares in the last quarter. Maseco LLP bought a new stake in shares of Procter & Gamble during the 4th quarter worth $28,000. Finally, Saranac Partners Ltd bought a new stake in shares of Procter & Gamble during the 3rd quarter worth $30,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $145.09 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The business has a fifty day simple moving average of $144.24 and a 200 day simple moving average of $147.68. The firm has a market cap of $337.86 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 6.29 and a beta of 0.39.

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

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given 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 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Analyst Ratings Changes

PG has been the subject of several research reports. Rothschild & Co Redburn reduced their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Jefferies Financial Group reduced their target price on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. JPMorgan Chase & Co. reduced their target price on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Morgan Stanley reduced their target price 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 restated a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

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.