Town & Country Bank & Trust CO dba First Bankers Trust CO Buys 6,307 Shares of Procter & Gamble Company (The) $PG

Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 21.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,310 shares of the company’s stock after purchasing an additional 6,307 shares during the period. Procter & Gamble comprises approximately 1.8% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s portfolio, making the stock its 15th biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Procter & Gamble were worth $5,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PG. Vanguard Group Inc. raised its stake in Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. State Street Corp boosted its position in Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after purchasing an additional 984,102 shares during the period. Geode Capital Management LLC increased its stake in shares of Procter & Gamble by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after purchasing an additional 1,974,556 shares in the last quarter. Norges Bank purchased a new position in shares of Procter & Gamble in the fourth quarter worth about $4,664,783,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Procter & Gamble by 3.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company’s stock valued at $4,243,815,000 after purchasing an additional 1,091,091 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Down 1.7%

Shares of NYSE:PG opened at $147.81 on Tuesday. The firm has a fifty day moving average price of $145.45 and a two-hundred day moving average price of $147.82. 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 one year low of $137.62 and a one year high of $167.25. The company has a market cap of $344.19 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results 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 firm had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

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

Wall Street Analyst Weigh In

PG has been the subject of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Piper Sandler increased their target price on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays reduced their price target on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. Wells Fargo & Company boosted their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, BNP Paribas Exane dropped 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. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target 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.