Engineers Gate Manager LP Acquires 137,604 Shares of Procter & Gamble Company (The) $PG

Engineers Gate Manager LP boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 37.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 508,380 shares of the company’s stock after buying an additional 137,604 shares during the period. Procter & Gamble makes up 0.9% of Engineers Gate Manager LP’s investment portfolio, making the stock its 12th largest position. Engineers Gate Manager LP’s holdings in Procter & Gamble were worth $72,856,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Triodos Investment Management BV grew its stake in shares of Procter & Gamble by 7.3% during the 3rd quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after purchasing an additional 17,400 shares during the period. Gradient Investments LLC grew its stake in shares of Procter & Gamble by 12.8% during the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after purchasing an additional 28,777 shares during the period. Fiera Capital Corp grew its stake in shares of Procter & Gamble by 20.3% during the 3rd quarter. Fiera Capital Corp now owns 53,128 shares of the company’s stock valued at $8,163,000 after purchasing an additional 8,961 shares during the period. Arete Wealth Advisors LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter valued at about $3,776,000. Finally, Cibc World Market Inc. grew its position in shares of Procter & Gamble by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after acquiring an additional 147,701 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Down 1.4%

Shares of PG stock opened at $150.39 on Thursday. The company has a market capitalization of $350.20 billion, a price-to-earnings ratio of 21.99, a PEG ratio of 6.63 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company’s fifty day moving average price is $145.12 and its 200-day moving average price is $147.76. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

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

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is 63.60%.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: PG’s Herbal Essences brand is launching a limited-edition Papaya + Citrus Strength collection with Love Island’s Amaya, a move aimed at younger consumers and designed to support brand relevance and sales momentum. Procter & Gamble (PG) Launches Herbal Essences Papaya And Citrus Line With Amaya
• Positive Sentiment: Procter & Gamble is expanding retail-media and co-marketing efforts through Albertsons, including an industry-first scripted branded entertainment model, which could strengthen consumer engagement and product visibility. Albertsons Media Collective Unveils Industry-First Branded Entertainment Model, Co-Developed with Procter & Gamble
• Positive Sentiment: PG has recently been trading higher relative to the market, reflecting investor interest in its defensive profile and stable earnings power. Procter & Gamble (PG) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Coverage highlighting PG as a classic dividend and defensive stock reinforces its appeal to income-focused investors, but does not signal a new catalyst for the shares. 3 Dividend Stocks That Pay You More Every Single Year
• Negative Sentiment: One commentary argued that the stock may be a crowded defensive trade and suggested other cash-flow names may offer better upside, which could weigh on sentiment at the margin. Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PG. Bank of America cut their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. UBS Group lifted their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. BNP Paribas Exane lowered their target price on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Rothschild & Co Redburn lowered their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Finally, Erste Group Bank downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $160.78.

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.