Nordea Investment Management AB Has $378.58 Million Stock Holdings in Procter & Gamble Company (The) $PG

Nordea Investment Management AB lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 6.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,461,497 shares of the company’s stock after selling 173,904 shares during the quarter. Nordea Investment Management AB’s holdings in Procter & Gamble were worth $378,578,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Procter & Gamble by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after purchasing an additional 3,189,111 shares during the period. Kingstone Capital Partners Texas LLC raised its position in shares of Procter & Gamble by 655,209.0% during the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock valued at $11,832,680,000 after buying an additional 76,017,350 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Procter & Gamble by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 59,415,933 shares of the company’s stock worth $9,439,341,000 after acquiring an additional 1,060,713 shares during the period. Norges Bank acquired a new stake in Procter & Gamble during the second quarter worth $5,099,644,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Procter & Gamble by 1.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 17,385,571 shares of the company’s stock valued at $2,770,035,000 after buying an additional 294,673 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PG has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Dbs Bank raised Procter & Gamble to a “hold” rating in a report on Friday, December 5th. TD Cowen reduced their price objective on Procter & Gamble from $168.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Finally, BNP Paribas Exane lowered their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Fifteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $169.23.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the transaction, the chief accounting officer owned 979 shares in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

NYSE PG opened at $143.48 on Tuesday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $144.84 and its 200-day moving average is $151.34. The company has a market capitalization of $335.27 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 4.79 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter last year, the company posted $1.93 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

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.