Hendershot Investments Inc. Buys 6,634 Shares of Procter & Gamble Company (The) $PG

Hendershot Investments Inc. increased its stake in Procter & Gamble Company (The) (NYSE:PG) by 7.9% in the 1st quarter, Holdings Channel reports. The firm owned 90,743 shares of the company’s stock after purchasing an additional 6,634 shares during the period. Procter & Gamble accounts for approximately 1.8% of Hendershot Investments Inc.’s holdings, making the stock its 19th biggest position. Hendershot Investments Inc.’s holdings in Procter & Gamble were worth $13,107,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PG. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. Litman Gregory Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 4th quarter worth $26,000. Park Square Financial Group LLC boosted its holdings in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the period. Evolution Wealth Management Inc. grew its stake in Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after buying an additional 171 shares during the last quarter. Finally, Basso Capital Management L.P. acquired a new position in Procter & Gamble in the 4th quarter valued at $28,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

NYSE:PG opened at $151.30 on Friday. 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 fifty day moving average price of $146.45 and a 200 day moving average price of $148.25. The stock has a market cap of $352.32 billion, a P/E ratio of 22.12, a PEG ratio of 6.44 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) 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 company had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period last year, the business posted $1.54 EPS. 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 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PG. Evercore set a $162.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Royal Bank Of Canada lowered their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Wells Fargo & Company lifted their price objective on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Barclays cut their price objective 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. Finally, UBS Group raised their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $161.47.

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.