Fairvoy Private Wealth LLC Buys 10,942 Shares of Procter & Gamble Company (The) $PG

Fairvoy Private Wealth LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 191.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,643 shares of the company’s stock after purchasing an additional 10,942 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Procter & Gamble were worth $2,404,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PG. Hoxton Planning & Management LLC lifted its position in shares of Procter & Gamble by 7.9% in the 1st quarter. Hoxton Planning & Management LLC now owns 2,273 shares of the company’s stock worth $328,000 after purchasing an additional 167 shares during the period. Silver Oak Securities Incorporated raised its stake in Procter & Gamble by 0.3% in the first quarter. Silver Oak Securities Incorporated now owns 25,494 shares of the company’s stock worth $3,682,000 after buying an additional 79 shares in the last quarter. Norway Savings Bank raised its stake in Procter & Gamble by 4.6% in the first quarter. Norway Savings Bank now owns 20,044 shares of the company’s stock worth $2,895,000 after buying an additional 874 shares in the last quarter. Roberts Foundation lifted its holdings in Procter & Gamble by 0.7% in the first quarter. Roberts Foundation now owns 237,824 shares of the company’s stock worth $34,351,000 after buying an additional 1,551 shares during the period. Finally, Chatterton & Associates Inc. lifted its holdings in Procter & Gamble by 15.9% in the first quarter. Chatterton & Associates Inc. now owns 4,129 shares of the company’s stock worth $606,000 after buying an additional 565 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Price Performance

Shares of PG opened at $148.58 on Friday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a market capitalization of $345.99 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 6.61 and a beta of 0.39. The firm has a 50 day moving average of $145.82 and a 200 day moving average of $147.93. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. The business had revenue of $21.23 billion for 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 company’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Piper Sandler upped their target price on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Rothschild & Co Redburn dropped their price target 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. Raymond James Financial reduced their price target on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Wells Fargo & Company increased 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. Finally, BNP Paribas Exane lowered their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $160.78.

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.