Focus Partners Advisor Solutions LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 17.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,048 shares of the company’s stock after selling 10,339 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Procter & Gamble were worth $7,029,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of 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 valued at $25,000 after acquiring an additional 150 shares during the period. Park Square Financial Group LLC boosted its position in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. lifted its position in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the last quarter. Maseco LLP bought a new stake in Procter & Gamble during the fourth quarter valued at approximately $28,000. Finally, Saranac Partners Ltd bought a new stake in Procter & Gamble during the third quarter valued at approximately $30,000. 65.77% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
PG has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Royal Bank Of Canada dropped their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Thursday, April 9th. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. The Goldman Sachs Group dropped their target price on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Finally, Bank of America dropped their target price on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.06.
Procter & Gamble Trading Down 1.0%
PG stock opened at $145.09 on Tuesday. The company has a market capitalization of $337.86 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 6.29 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company’s 50 day moving average price is $144.24 and its two-hundred day moving average price is $147.68. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.24 billion for 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%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal 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 paid a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is 63.60%.
Procter & Gamble 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.
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