Blair William & Co. IL cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 6.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 868,968 shares of the company’s stock after selling 59,429 shares during the period. Blair William & Co. IL’s holdings in Procter & Gamble were worth $124,532,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. raised its position in shares of 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 worth $25,000 after purchasing an additional 150 shares during the period. Park Square Financial Group LLC raised its position in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Evolution Wealth Management Inc. raised its position in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the period. Litman Gregory Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $26,000. Finally, Maseco LLP acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $28,000. 65.77% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
PG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Barclays cut their target price on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Bank of America lowered their price target on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Piper Sandler boosted their target price on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Evercore set a $162.00 target price on Procter & Gamble in a research note on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $160.78.
Procter & Gamble Stock Performance
PG opened at $152.38 on Wednesday. The company has a market cap of $354.83 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. The stock has a 50-day moving average of $144.96 and a 200-day moving average of $147.75. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. 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 – Get Free Report) last released its quarterly earnings results 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. The company had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research 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 paid a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 63.60%.
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.
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