Toth Financial Advisory Corp lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 7.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,114 shares of the company’s stock after selling 3,664 shares during the period. Toth Financial Advisory Corp’s holdings in Procter & Gamble were worth $6,469,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Procter & Gamble during the 4th quarter worth about $4,664,783,000. Cardano Risk Management B.V. grew its stake in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock valued at $1,364,518,000 after buying an additional 8,731,126 shares during the period. Auto Owners Insurance Co increased its position in Procter & Gamble by 14,231.0% in the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock valued at $508,700,000 after buying an additional 3,524,876 shares in the last quarter. Vanguard Group Inc. raised its stake in Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after buying an additional 2,829,151 shares during the period. Finally, Amundi raised its stake in Procter & Gamble by 26.3% during the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after buying an additional 2,222,560 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Procter & Gamble Stock Up 0.1%
Shares of NYSE:PG opened at $144.29 on Friday. The business’s 50 day moving average is $148.21 and its 200 day moving average is $148.92. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The stock has a market cap of $335.40 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 4.44 and a beta of 0.39. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.
Procter & Gamble Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.71%.
Wall Street Analyst Weigh In
PG has been the subject of a number of research reports. Citigroup reduced their price objective on Procter & Gamble from $181.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Wells Fargo & Company upped their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Barclays increased their target price on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. BNP Paribas Exane decreased their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Finally, Evercore set a $162.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $161.52.
Get Our Latest Stock Analysis on PG
Procter & Gamble News Summary
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: PG continues to be highlighted as a Dividend King with a long record of reliable and growing payouts. Coverage suggests that an investment of roughly $17,000 could generate more than $500 in annual dividends, supporting demand from income-focused investors. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock to Generate Over $500 in Yearly Dividends
- Positive Sentiment: Dividend-focused commentary continues to put PG in the spotlight as investors favor stable blue-chip companies and seek dependable income amid market uncertainty. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
- Neutral Sentiment: PG is also being viewed as a defensive holding while investors await inflation data. Its household-product portfolio may offer relative stability, although inflation and consumer-spending trends remain important for margins and demand. Is Procter & Gamble Steadying Nerves as Markets Await the July Inflation Print?
- Negative Sentiment: Zacks Research made several modest reductions to PG’s earnings outlook, including FY2027 EPS falling to $6.97 from $7.05 and FY2028 EPS to $7.42 from $7.47. Some quarterly estimates were raised, but the overall revisions point to limited near-term earnings momentum. Erste Group Bank also issued a bearish FY2027 earnings forecast. Erste Group Bank Has Bearish Forecast for PG FY2027 Earnings
- Negative Sentiment: Higher gasoline prices could pressure household budgets, potentially encouraging consumers to trade down or reduce discretionary purchases and creating challenges for PG’s volume growth. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?
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.
Further Reading
- Five stocks we like better than Procter & Gamble
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
