ExodusPoint Capital Management LP Reduces Holdings in Procter & Gamble Company (The) $PG

ExodusPoint Capital Management LP lessened its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 62.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 179,337 shares of the company’s stock after selling 296,401 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Procter & Gamble were worth $25,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in PG. National Bank of Canada FI raised its stake in shares of Procter & Gamble by 9.7% during the 4th quarter. National Bank of Canada FI now owns 2,048,089 shares of the company’s stock valued at $293,503,000 after purchasing an additional 181,715 shares during the period. Mangrove Partners IM LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at $983,000. Graham Capital Management L.P. raised its stake in shares of Procter & Gamble by 726.7% during the 4th quarter. Graham Capital Management L.P. now owns 79,619 shares of the company’s stock valued at $11,410,000 after purchasing an additional 69,988 shares during the period. Night Squared LP bought a new stake in shares of Procter & Gamble during the 4th quarter valued at $7,989,000. Finally, Magnetar Financial LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at $4,405,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $152.38 on Wednesday. The firm has a market capitalization of $354.83 billion, a P/E ratio of 22.28, a P/E/G ratio of 6.54 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. The stock’s 50-day simple moving average is $144.96 and its two-hundred day simple moving average is $147.75. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.24 billion for 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%.The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS 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 an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PG. Royal Bank Of Canada decreased their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research note on Thursday, April 9th. Bank of America decreased their price objective 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. BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Raymond James Financial decreased their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Finally, Jefferies Financial Group decreased their target price on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $160.78.

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.