UniSuper Management Pty Ltd grew its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 637,162 shares of the company’s stock after purchasing an additional 3,766 shares during the quarter. Procter & Gamble comprises 0.6% of UniSuper Management Pty Ltd’s portfolio, making the stock its 29th biggest holding. UniSuper Management Pty Ltd’s holdings in Procter & Gamble were worth $91,312,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in PG. Brighton Jones LLC grew its position in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. grew its position 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 valued at $493,000 after purchasing an additional 277 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after purchasing an additional 1,016 shares during the last quarter. Auxano Advisors LLC grew its position in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after purchasing an additional 714 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in shares of Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.
Procter & Gamble Trading Down 0.4%
Shares of Procter & Gamble stock opened at $148.50 on Friday. The firm has a market capitalization of $345.80 billion, a PE ratio of 21.71, a price-to-earnings-growth ratio of 6.48 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. The company’s fifty day moving average price is $144.53 and its two-hundred day moving average price is $147.69. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25.
Procter & Gamble Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Commentary from investors and media continues to describe PG as a durable, dividend-oriented consumer staples name with steady cash flow, reinforcing the stock’s appeal as a defensive holding. Is The Procter & Gamble Company (PG) A Good Stock To Buy Now?
- Positive Sentiment: Jim Cramer highlighted P&G as one of the kinds of stocks that can help investors “safely own the techs,” reinforcing its role as a stable portfolio anchor during market volatility. Jim Cramer Says “The P&Gs and the J&Js in Your Portfolio Allow You to Safely Own the Techs”
- Positive Sentiment: P&G and OLAY announced virtual companion technology for skincare simulations, showing continued innovation in higher-engagement beauty and personal care products. Haut.AI Collaborates with OLAY on Virtual Companion Technology to Power Clinically Modeled Skincare Simulations
- Positive Sentiment: Brokerage coverage cited in a recent note showed PG still carrying an average “Moderate Buy” rating, which supports sentiment around the shares. Procter & Gamble Company (The) (NYSE:PG) Given Average Rating of “Moderate Buy” by Brokerages
- Neutral Sentiment: P&G and the American Academy of Family Physicians released an oral-health survey for Crest and Oral-B, mainly serving as a brand-marketing update rather than a clear earnings catalyst. New Survey from P&G and American Academy of Family Physicians Reveals 76% of Americans Say They Care About Their Oral Health, But When Polled, Only 3% of Americans Associate Oral Health with Whole Body Health
- Neutral Sentiment: PG also presented at the Evercore Consumer & Retail Conference, but the transcript headline alone does not indicate a major new financial surprise. The Procter and Gamble Company (PG) Presents at The 6th Annual Evercore Consumer and Retail Conference Transcript
- Negative Sentiment: Investors are also weighing restructuring news, including a leadership reshuffle and plans to cut more than 3,500 jobs globally, which could raise execution and transition concerns in the near term. Procter And Gamble Restructuring And Leadership Shift Create Valuation Watchpoints
Wall Street Analyst Weigh In
PG has been the topic of a number of recent research reports. UBS Group lifted their target price on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Morgan Stanley decreased their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Bank of America decreased their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $160.78.
View Our Latest Report on Procter & Gamble
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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