Sapient Capital LLC Sells 6,186 Shares of Procter & Gamble Company (The) $PG

Sapient Capital LLC cut its position in Procter & Gamble Company (The) (NYSE:PG) by 6.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 84,755 shares of the company’s stock after selling 6,186 shares during the period. Sapient Capital LLC’s holdings in Procter & Gamble were worth $12,242,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PVG Asset Management Corp bought a new position in shares of Procter & Gamble in the 1st quarter worth approximately $315,000. Shariaportfolio Inc. bought a new stake in Procter & Gamble during the first quarter valued at approximately $1,663,000. Dakota Community Bank & Trust NA increased its holdings in Procter & Gamble by 5.1% during the first quarter. Dakota Community Bank & Trust NA now owns 2,232 shares of the company’s stock valued at $322,000 after buying an additional 109 shares during the last quarter. Rathbones Group PLC raised its position in Procter & Gamble by 3.1% in the first quarter. Rathbones Group PLC now owns 1,546,258 shares of the company’s stock worth $223,342,000 after acquiring an additional 46,631 shares during the period. Finally, Pine Valley Investments Ltd Liability Co boosted its stake in shares of Procter & Gamble by 1.4% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 42,324 shares of the company’s stock worth $6,113,000 after acquiring an additional 581 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. 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 report on Wednesday, April 22nd. BMO Capital Markets upped their price target on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. TD Cowen raised their price objective on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Finally, Rothschild & Co Redburn lowered their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $161.52.

Procter & Gamble News Summary

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

• Positive Sentiment: Citigroup maintained a Buy rating and set a $170 price target, implying substantial potential upside from recent levels, although the target was reduced from $181. Procter & Gamble Given New $170 Price Target at Citigroup
• Positive Sentiment: Brokerage coverage still leans constructive, with PG receiving an average “Moderate Buy” rating; Jefferies also retained its Buy rating despite trimming its target to $177. PG Average Rating of Moderate Buy
• Positive Sentiment: Management is emphasizing innovation, productivity improvements, e-commerce growth and market-share gains to support a consumer recovery. New product and marketing initiatives, including Downy’s premium fragrance campaign, could help reinforce brand strength. PG Q4 Earnings Call Highlights

Procter & Gamble Stock Performance

NYSE:PG opened at $144.62 on Monday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $336.77 billion, a P/E ratio of 21.85, a P/E/G ratio of 4.44 and a beta of 0.39. The stock has a 50-day moving average price of $147.71 and a 200 day moving average price of $148.96.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.25%. The business had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the firm posted $1.48 EPS. The company’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s payout ratio is currently 65.71%.

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.