Procter & Gamble Company (The) $PG Shares Sold by Invesco Ltd.

Invesco Ltd. lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,233,468 shares of the company’s stock after selling 832,169 shares during the period. Invesco Ltd.’s holdings in Procter & Gamble were worth $2,039,798,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Procter & Gamble during the fourth 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. Vanguard Group Inc. increased its holdings in shares of 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 last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Procter & Gamble by 100.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after buying an additional 2,741,924 shares during the last quarter. Finally, Amundi raised its position in shares of Procter & Gamble by 26.3% during the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock valued at $1,606,748,000 after buying an additional 2,222,560 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on PG. Raymond James Financial lowered their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Bank of America decreased their price target on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. TD Cowen boosted their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Finally, Piper Sandler upped their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Eleven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

Procter & Gamble Price Performance

Shares of PG opened at $150.85 on Friday. The company has a market cap of $351.26 billion, a P/E ratio of 22.05, a PEG ratio of 6.55 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 Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm’s 50 day moving average price is $145.31 and its 200 day moving average price is $147.78.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.Procter & Gamble’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, April 24th. 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%.

Procter & Gamble Company 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.