Matrix Asset Advisors Inc. NY Buys 95,599 Shares of Procter & Gamble Company (The) $PG

Matrix Asset Advisors Inc. NY grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 187.8% during the second quarter, HoldingsChannel reports. The firm owned 146,510 shares of the company’s stock after buying an additional 95,599 shares during the quarter. Procter & Gamble accounts for about 1.7% of Matrix Asset Advisors Inc. NY’s investment portfolio, making the stock its 25th largest holding. Matrix Asset Advisors Inc. NY’s holdings in Procter & Gamble were worth $21,484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. First Merchants Corp increased its position in Procter & Gamble by 0.7% during the 2nd quarter. First Merchants Corp now owns 74,084 shares of the company’s stock worth $10,864,000 after purchasing an additional 500 shares in the last quarter. Park National Corp OH boosted its position in Procter & Gamble by 0.4% in the second quarter. Park National Corp OH now owns 289,695 shares of the company’s stock valued at $42,481,000 after buying an additional 1,294 shares in the last quarter. Secure Asset Management LLC grew its stake in shares of Procter & Gamble by 6.0% during the second quarter. Secure Asset Management LLC now owns 22,006 shares of the company’s stock worth $3,227,000 after buying an additional 1,250 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Procter & Gamble by 23.0% during the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 42,352 shares of the company’s stock worth $6,211,000 after buying an additional 7,920 shares in the last quarter. Finally, Embree Financial Group increased its holdings in shares of Procter & Gamble by 12.3% during the second quarter. Embree Financial Group now owns 14,214 shares of the company’s stock worth $2,084,000 after buying an additional 1,553 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Calmer inflation is improving the outlook for consumer-staples companies by potentially easing pressure on household budgets and input costs. Procter & Gamble’s broad portfolio of essential brands is being viewed as relatively resilient. Why Is Procter & Gamble in Focus as Calmer Inflation Steadies Consumer Staples?
• Positive Sentiment: PG continues to attract income-oriented investors as a Dividend King, supported by more than six decades of dividend increases. Articles highlighting the dependability of its payout may provide a valuation and demand tailwind. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock
• Positive Sentiment: Zacks Research raised several individual forecasts, including Q3 fiscal 2027 EPS to $1.66 from $1.64 and Q4 fiscal 2027 EPS to $1.55 from $1.54. It also projects fiscal 2029 EPS of $7.85, above the current-year consensus of approximately $6.99. Procter & Gamble analyst estimates
• Neutral Sentiment: Coverage continues to frame Procter & Gamble as a steady blue-chip holding while investors await inflation data. That supports defensive positioning but does not represent a new fundamental catalyst. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
• Negative Sentiment: Zacks reduced multiple estimates, including fiscal 2027 EPS to $6.97 from $7.05 and fiscal 2028 EPS to $7.42 from $7.47. Fiscal Q1 2027 EPS was cut to $1.89 from $1.96, signaling modest pressure on near-term growth expectations. Procter & Gamble earnings estimates
• Negative Sentiment: Higher gasoline prices could constrain consumer discretionary spending and increase pressure on value-conscious shoppers, even though PG sells everyday necessities. Erste Group Bank also issued a bearish fiscal 2027 earnings outlook. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $144.79 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The stock has a market cap of $336.55 billion, a price-to-earnings ratio of 21.87, a P/E/G ratio of 4.45 and a beta of 0.39. The company’s fifty day moving average is $148.17 and its 200 day moving average is $148.89.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. The business had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.Procter & Gamble’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid a $1.0885 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Analyst Ratings Changes

PG has been the topic of several recent research reports. Morgan Stanley cut their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Jefferies Financial Group upped their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. UBS Group lifted their price target on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Piper Sandler boosted their price target on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $161.52.

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.