Graham Capital Management L.P. Buys 69,988 Shares of Procter & Gamble Company (The) $PG

Graham Capital Management L.P. raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 726.7% during the 4th quarter, Holdings Channel reports. The fund owned 79,619 shares of the company’s stock after acquiring an additional 69,988 shares during the period. Graham Capital Management L.P.’s holdings in Procter & Gamble were worth $11,410,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Night Squared LP acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $7,989,000. Magnetar Financial LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $4,405,000. Copley Financial Group Inc. raised its position in shares of Procter & Gamble by 6.2% in the fourth quarter. Copley Financial Group Inc. now owns 3,487 shares of the company’s stock valued at $500,000 after buying an additional 204 shares in the last quarter. Howe & Rusling Inc. raised its position in shares of Procter & Gamble by 10.8% in the fourth quarter. Howe & Rusling Inc. now owns 9,430 shares of the company’s stock valued at $1,351,000 after buying an additional 917 shares in the last quarter. Finally, Elefante Mark B raised its position in shares of Procter & Gamble by 6.0% in the fourth quarter. Elefante Mark B now owns 31,600 shares of the company’s stock valued at $4,529,000 after buying an additional 1,777 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $152.38 on Wednesday. The company’s 50 day simple moving average is $144.96 and its 200 day simple moving average is $147.75. The stock has a market capitalization of $354.83 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 6.54 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 Company has a 1 year low of $137.62 and a 1 year high of $167.25.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s quarterly 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, research analysts predict 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. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is a positive change 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%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. TD Cowen lifted their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Rothschild & Co Redburn dropped their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Sanford C. Bernstein began coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price target on the stock. Finally, Raymond James Financial decreased their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $160.78.

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.