Peak Retirement Planning Inc. Acquires 6,070 Shares of Procter & Gamble Company (The) $PG

Peak Retirement Planning Inc. increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 50.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,218 shares of the company’s stock after acquiring an additional 6,070 shares during the quarter. Peak Retirement Planning Inc.’s holdings in Procter & Gamble were worth $2,611,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of PG. Norges Bank bought a new stake in Procter & Gamble during the fourth quarter worth $4,664,783,000. Vanguard Group Inc. lifted its holdings in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. Assenagon Asset Management S.A. lifted its holdings in Procter & Gamble by 100.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after acquiring an additional 2,741,924 shares during the period. Amundi lifted its holdings in Procter & Gamble by 26.3% during the third quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after acquiring an additional 2,222,560 shares during the period. Finally, Geode Capital Management LLC increased its position in Procter & Gamble by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after buying an additional 1,974,556 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $140.62 on Wednesday. The stock has a market cap of $327.44 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 6.01 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $168.04. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The stock has a fifty day moving average of $144.32 and a 200-day moving average of $147.85.

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

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date 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 3.1%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. Wells Fargo & Company raised their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group decreased their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Rothschild & Co Redburn decreased their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Erste Group Bank downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Evercore set a $162.00 price target on Procter & Gamble in a research report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $161.06.

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.