NewEdge Wealth LLC lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 13.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 77,860 shares of the company’s stock after selling 12,016 shares during the quarter. NewEdge Wealth LLC’s holdings in Procter & Gamble were worth $11,246,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in PG. Vanguard Group Inc. grew its position in Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares in the last quarter. State Street Corp lifted its holdings in shares of Procter & Gamble by 1.0% in the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock valued at $14,563,008,000 after purchasing an additional 984,102 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of 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 period. Norges Bank purchased a new position in shares of Procter & Gamble during the fourth quarter valued at $4,664,783,000. Finally, Price T Rowe Associates Inc. MD raised its position in Procter & Gamble by 3.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company’s stock valued at $4,243,815,000 after buying an additional 1,091,091 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have commented on PG. TD Cowen raised their price objective on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Raymond James Financial dropped their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Barclays raised their price target on shares of Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a report on Tuesday. Rothschild & Co Redburn lowered their price objective on shares of 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, Bank of America dropped their price objective on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $161.74.
Key Headlines Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble highlighted a new Swiffer Lemon Duster launch, which could support category growth, reinforce brand strength, and help drive consumer engagement in its home care portfolio. New Swiffer Lemon Duster Delivers Fresh Scent of Clean
- Positive Sentiment: A report suggesting P&G could benefit as investors rotate away from higher-risk growth names into defensive consumer staples may continue to support the stock’s relative appeal. As the AI Selloff Worsens, Time-Tested Procter & Gamble Stock Could Be the Biggest Winner
- Positive Sentiment: Plans to expand manufacturing in Egypt to serve Gulf and African markets could improve regional supply-chain efficiency and support long-term international growth. Procter & Gamble Expands Egypt Manufacturing To Serve Gulf And African Markets
- Neutral Sentiment: Several articles focus on valuation comparisons and whether PG is attractive versus Newell Brands, which is more about relative stock selection than a direct catalyst for P&G itself. NWL vs. PG: Which Stock Should Value Investors Buy Now?
- Neutral Sentiment: Commentary asking whether P&G can stay steady ahead of earnings reflects investor caution, but it does not by itself change the fundamental outlook. Can Procter & Gamble Stay Steady As Earnings Day Approaches
- Negative Sentiment: Analysts are warning that upcoming earnings may decline and that P&G may not have the right setup for an earnings beat, which could weigh on the shares if results or guidance disappoint. Analysts Estimate Procter & Gamble (PG) to Report a Decline in Earnings
Procter & Gamble Stock Up 0.7%
PG opened at $149.19 on Thursday. The company has a market capitalization of $347.42 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 7.37 and a beta of 0.39. 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 Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The business has a 50-day moving average of $147.13 and a 200-day moving average of $148.67.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly 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. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.23 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the business posted $1.54 EPS. 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 forecast that Procter & Gamble Company will post 6.88 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s payout ratio is currently 63.60%.
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.
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