Liberty One Investment Management LLC boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 15.5% during the 1st quarter, HoldingsChannel reports. The firm owned 173,235 shares of the company’s stock after buying an additional 23,310 shares during the period. Procter & Gamble comprises about 2.6% of Liberty One Investment Management LLC’s investment portfolio, making the stock its 14th largest holding. Liberty One Investment Management LLC’s holdings in Procter & Gamble were worth $25,022,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. lifted its stake in Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the period. Litman Gregory Wealth Management LLC purchased a new position in Procter & Gamble during the 4th quarter valued at about $26,000. Park Square Financial Group LLC raised its holdings in shares of Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. lifted its position in shares of Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the period. Finally, Basso Capital Management L.P. purchased a new stake in shares of Procter & Gamble in the 4th quarter worth approximately $28,000. 65.77% of the stock is owned by institutional investors.
Key Procter & Gamble News
Here are the key news stories impacting Procter & Gamble this week:
- Neutral Sentiment: Procter & Gamble is approaching Q4 earnings, and investors are watching for signs of continued sales growth, but also for evidence that cost pressures and tariffs are squeezing margins. Procter & Gamble to Report Q4 Earnings: What Should You Know?
- Neutral Sentiment: Analysts are warning that PG may report lower earnings, and the market appears cautious heading into the release because the setup does not clearly favor an earnings beat. Analysts Estimate Procter & Gamble (PG) to Report a Decline in Earnings: What to Look Out for
- Neutral Sentiment: Another preview piece echoed the same message: investors are waiting for Q4 results, with sales growth expected but margin and cost challenges still front and center. Procter & Gamble to Report Q4 Earnings: What Should You Know?
- Positive Sentiment: PG may still appeal to defensive investors if market volatility continues, with one article suggesting the consumer staples name could benefit as money rotates out of high-growth sectors. As the AI Selloff Worsens, Time-Tested Procter & Gamble Stock Could Be the Biggest Winner
- Positive Sentiment: Procter & Gamble also highlighted a new Swiffer Lemon Duster product, reinforcing its innovation pipeline and brand strength in household products. New Swiffer Lemon Duster Delivers Fresh Scent of Clean with No Spray Required
Procter & Gamble Trading Down 1.5%
Procter & Gamble (NYSE:PG – Get Free Report) last announced its earnings results 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. The company had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. Procter & Gamble’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $1.54 earnings per share. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.88 EPS for the current fiscal year.
Procter & Gamble Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be given a $1.0885 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, June 29th. UBS Group increased their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Finally, BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Twelve equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $161.74.
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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