Boothbay Fund Management LLC Has $9.46 Million Stock Position in Procter & Gamble Company (The) $PG

Boothbay Fund Management LLC grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1,674.5% in the 4th quarter, HoldingsChannel reports. The fund owned 66,013 shares of the company’s stock after purchasing an additional 62,293 shares during the quarter. Boothbay Fund Management LLC’s holdings in Procter & Gamble were worth $9,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. State Street Corp boosted its holdings in shares of Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after acquiring an additional 984,102 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Procter & Gamble by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after acquiring an additional 1,974,556 shares during the period. Norges Bank bought a new stake in shares of Procter & Gamble during the fourth quarter worth approximately $4,664,783,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 worth $4,243,815,000 after acquiring an additional 1,091,091 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $150.39 on Thursday. The company’s 50 day moving average price is $145.12 and its two-hundred day moving average price is $147.76. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The firm has a market cap of $350.20 billion, a PE ratio of 21.99, a PEG ratio of 6.63 and a beta of 0.39. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently declared 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. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on PG shares. The Goldman Sachs Group reduced their price objective on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Piper Sandler boosted their price objective on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Barclays reduced their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, Sanford C. Bernstein assumed coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 target price on the stock. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $160.78.

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: PG’s Herbal Essences brand is launching a limited-edition Papaya + Citrus Strength collection with Love Island’s Amaya, a move aimed at younger consumers and designed to support brand relevance and sales momentum. Procter & Gamble (PG) Launches Herbal Essences Papaya And Citrus Line With Amaya
• Positive Sentiment: Procter & Gamble is expanding retail-media and co-marketing efforts through Albertsons, including an industry-first scripted branded entertainment model, which could strengthen consumer engagement and product visibility. Albertsons Media Collective Unveils Industry-First Branded Entertainment Model, Co-Developed with Procter & Gamble
• Positive Sentiment: PG has recently been trading higher relative to the market, reflecting investor interest in its defensive profile and stable earnings power. Procter & Gamble (PG) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Coverage highlighting PG as a classic dividend and defensive stock reinforces its appeal to income-focused investors, but does not signal a new catalyst for the shares. 3 Dividend Stocks That Pay You More Every Single Year
• Negative Sentiment: One commentary argued that the stock may be a crowded defensive trade and suggested other cash-flow names may offer better upside, which could weigh on sentiment at the margin. Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today

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.