PFG Investments LLC Increases Stock Position in Procter & Gamble Company (The) $PG

PFG Investments LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 10.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,213 shares of the company’s stock after purchasing an additional 5,863 shares during the quarter. PFG Investments LLC’s holdings in Procter & Gamble were worth $8,986,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Carson Advisory Inc. lifted its stake in Procter & Gamble by 0.5% in the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock valued at $1,738,000 after buying an additional 65 shares in the last quarter. Trilogy Capital Inc. increased its position in Procter & Gamble by 1.1% during the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock worth $901,000 after buying an additional 67 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in Procter & Gamble by 1.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after buying an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. raised its holdings in shares of Procter & Gamble by 2.7% in the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock worth $376,000 after acquiring an additional 68 shares during the last quarter. Finally, Grant Street Asset Management Inc. raised its holdings in shares of Procter & Gamble by 2.7% in the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock worth $376,000 after acquiring an additional 69 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on PG shares. Jefferies Financial Group increased their price objective on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research note on Friday, June 26th. UBS Group boosted their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Evercore set a $162.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Wells Fargo & Company raised their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Erste Group Bank downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $161.47.

Procter & Gamble Price Performance

PG stock opened at $151.30 on Friday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The stock’s fifty day simple moving average is $146.45 and its 200-day simple moving average is $148.25. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $352.32 billion, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 6.44 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.9 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a $1.0885 dividend. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 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.