Procter & Gamble Company (The) $PG Shares Bought by Invesco Ltd.

Invesco Ltd. raised its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 21.4% during the 2nd quarter, Holdings Channel reports. The firm owned 16,374,499 shares of the company’s stock after buying an additional 2,880,895 shares during the quarter. Procter & Gamble makes up about 0.4% of Invesco Ltd.’s holdings, making the stock its 23rd largest holding. Invesco Ltd.’s holdings in Procter & Gamble were worth $2,608,785,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its stake in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after buying an additional 277 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in Procter & Gamble during the first quarter worth about $9,052,000. Thoroughbred Financial Services LLC raised its holdings in Procter & Gamble by 1.3% in the 1st quarter. Thoroughbred Financial Services LLC now owns 17,642 shares of the company’s stock valued at $3,006,000 after acquiring an additional 223 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its stake in Procter & Gamble by 73.1% in the 1st quarter. New Age Alpha Advisors LLC now owns 79,126 shares of the company’s stock worth $13,485,000 after purchasing an additional 33,413 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

PG opened at $145.78 on Wednesday. The firm has a market cap of $340.64 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 3.87 and a beta of 0.39. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock’s 50-day moving average price is $149.54 and its 200 day moving average price is $155.51. Procter & Gamble Company has a 12-month low of $142.51 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on PG shares. Dbs Bank raised Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research report on Monday. BNP Paribas restated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. JPMorgan Chase & Co. boosted their target price on shares of Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, October 27th. Finally, Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research report on Monday, October 27th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Check Out Our Latest Stock Analysis on Procter & Gamble

Insider Transactions at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 3,227 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the sale, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary A. Coombe sold 3,535 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $538,133.05. Following the transaction, the chief executive officer owned 34,816 shares of the company’s stock, valued at $5,300,039.68. This trade represents a 9.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,308 shares of company stock valued at $4,611,852 in the last 90 days. Insiders own 0.20% of the company’s stock.

Procter & Gamble Company Profile

(Free Report)

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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