Procter & Gamble Company (The) $PG Stock Holdings Lowered by Korea Investment CORP

Korea Investment CORP lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 10.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,627,259 shares of the company’s stock after selling 184,939 shares during the period. Korea Investment CORP’s holdings in Procter & Gamble were worth $233,202,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Triodos Investment Management BV increased its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after buying an additional 17,400 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after buying an additional 1,419,322 shares in the last quarter. Gradient Investments LLC increased its stake in shares of Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after buying an additional 28,777 shares in the last quarter. Fiera Capital Corp increased its stake in shares of Procter & Gamble by 20.3% in the third quarter. Fiera Capital Corp now owns 53,128 shares of the company’s stock valued at $8,163,000 after buying an additional 8,961 shares in the last quarter. Finally, Arete Wealth Advisors LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at $3,776,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.8%

Procter & Gamble stock opened at $149.47 on Friday. The company’s 50 day simple moving average is $144.63 and its 200 day simple moving average is $147.70. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm has a market capitalization of $348.04 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 6.45 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the firm earned $1.54 EPS. Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $1.0885 dividend. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is presently 63.60%.

Analyst Upgrades and Downgrades

PG has been the subject of a number of research reports. The Goldman Sachs Group lowered their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $163.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Rothschild & Co Redburn lowered their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Finally, Bank of America lowered their price objective on 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 ten have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

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.