Procter & Gamble Company (The) $PG Shares Sold by Knollwood Investment Advisory LLC

Knollwood Investment Advisory LLC lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 28.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,501 shares of the company’s stock after selling 4,158 shares during the period. Knollwood Investment Advisory LLC’s holdings in Procter & Gamble were worth $1,505,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Triodos Investment Management BV raised its position in 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 purchasing an additional 17,400 shares during the period. Vanguard Group Inc. raised its position in 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 purchasing an additional 1,419,322 shares during the period. Gradient Investments LLC raised its position in 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 purchasing an additional 28,777 shares during the period. Fiera Capital Corp raised its position in 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 purchasing an additional 8,961 shares during the period. Finally, Arete Wealth Advisors LLC purchased a new stake in Procter & Gamble in the third quarter valued at $3,776,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

PG has been the topic of a number of research analyst reports. Morgan Stanley reduced their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Rothschild & Co Redburn cut their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. BNP Paribas Exane cut their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Finally, Sanford C. Bernstein assumed coverage on Procter & Gamble in a report on Thursday. They issued a “market perform” rating and a $156.00 price objective on the stock. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $160.78.

Procter & Gamble Price Performance

PG stock opened at $149.47 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $348.04 billion, a PE ratio of 21.85, a P/E/G ratio of 6.51 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The business’s fifty day moving average price is $144.63 and its 200 day moving average price is $147.70.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the previous year, the business earned $1.54 EPS. The company’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. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio 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.