Intech Investment Management LLC grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,592 shares of the company’s stock after purchasing an additional 6,601 shares during the period. Intech Investment Management LLC’s holdings in Procter & Gamble were worth $12,266,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the business. Houlihan Financial Resource Group Ltd. boosted its stake in Procter & Gamble by 73.0% during the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 4,722 shares of the company’s stock worth $698,000 after acquiring an additional 1,993 shares in the last quarter. CFS Investment Advisory Services LLC boosted its stake in Procter & Gamble by 3.2% during the fourth quarter. CFS Investment Advisory Services LLC now owns 28,864 shares of the company’s stock worth $4,136,000 after acquiring an additional 892 shares in the last quarter. Constant Guidance Financial LLC bought a new stake in Procter & Gamble during the fourth quarter worth about $1,223,000. Foundations Investment Advisors LLC boosted its stake in Procter & Gamble by 21.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 100,676 shares of the company’s stock worth $14,428,000 after acquiring an additional 18,056 shares in the last quarter. Finally, Godfrey Financial Associates Inc. bought a new stake in Procter & Gamble during the fourth quarter worth about $162,000. Institutional investors own 65.77% of the company’s stock.
Analyst Upgrades and Downgrades
PG has been the subject of several recent analyst reports. Evercore set a $162.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Jefferies Financial Group decreased their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. Morgan Stanley decreased their target price on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Rothschild & Co Redburn decreased their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Finally, Raymond James Financial decreased their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.06.
Procter & Gamble Stock Down 1.6%
PG opened at $143.60 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average price of $144.41 and a 200-day moving average price of $147.89. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The stock has a market capitalization of $334.39 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 6.26 and a beta of 0.41.
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings data 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 net margin of 19.16% and a return on equity of 32.00%. The firm 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 company earned $1.54 earnings per share. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.
Procter & Gamble Increases Dividend
The business 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. This represents a $4.35 annualized dividend and a yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.
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.
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