Mackenzie Financial Corp grew its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 6.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,775,483 shares of the company’s stock after purchasing an additional 105,430 shares during the quarter. Mackenzie Financial Corp owned approximately 0.08% of Procter & Gamble worth $272,803,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of PG. Vanguard Group Inc. lifted its holdings in Procter & Gamble by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock worth $36,050,992,000 after buying an additional 1,419,322 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Procter & Gamble by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 59,415,933 shares of the company’s stock valued at $9,439,341,000 after acquiring an additional 1,060,713 shares during the last quarter. Norges Bank acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $5,099,644,000. Franklin Resources Inc. lifted its stake in Procter & Gamble by 8.3% during the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Procter & Gamble by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 17,385,571 shares of the company’s stock valued at $2,770,035,000 after purchasing an additional 294,673 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.
More Procter & Gamble News
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Significant drop in short interest — Short interest fell ~13.6% to 22.39M shares as of Feb. 27 (about 1.0% of float) and a days‑to‑cover of ~1.9, reducing near‑term short pressure and potential forced selling. (No link)
- Positive Sentiment: Upgrades and brand repositioning for cleaning lines — Coverage noting upgraded Mr. Clean and Gain lines as strengthening P&G’s category moat, which could support market share and pricing power. Are P&G’s Upgraded Mr. Clean and Gain Lines Quietly Redefining Its Brand Moat (PG)?
- Positive Sentiment: New product push for Mr. Clean — Company announced Mr. Clean “retirement/comeback” and new SKUs, which may drive incremental sales and revive brand relevance in household cleaning. PG One Stages Mr. Clean’s Retirement/Comeback, Announces New Products
- Positive Sentiment: Marketing lift for Old Spice — A high‑profile campaign licensing Boyz II Men’s “End of the Road” aims to refresh Old Spice’s positioning and support sales. Old Spice Teams Up With Iconic R&B Group to Ignite Beloved “Mom Song” in New Campaign
- Positive Sentiment: Analyst support and price‑target lift — Wells Fargo raised its PG target to $177 (from $165) and other bullish writeups highlight resilient demand for staples; analyst optimism can attract flows. Why The Procter & Gamble Company (PG) is One of the Best Stocks That Will Always Grow
- Neutral Sentiment: Wall Street commentary and research features — Zacks and other outlets include PG in research lists and analyst discussion pieces; useful for sentiment but not an immediate catalyst by itself. Is It Worth Investing in P&G (PG) Based on Wall Street’s Bullish Views?
- Negative Sentiment: Insider/insider‑related selling — Sen. John Boozman reported a sale of PG shares; insider selling can be read negatively by some investors even if not material. Sen. John Boozman Sells Procter & Gamble Company (The) (NYSE:PG) Stock
Insider Buying and Selling
Wall Street Analyst Weigh In
A number of research firms recently issued reports on PG. BNP Paribas Exane dropped their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Erste Group Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Barclays set a $155.00 target price on shares of Procter & Gamble in a research report on Friday, January 16th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Tuesday, February 17th. Finally, Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and upped their target price for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $168.33.
Get Our Latest Analysis on Procter & Gamble
Procter & Gamble Trading Up 0.5%
NYSE:PG opened at $155.98 on Wednesday. The company has a market cap of $362.50 billion, a PE ratio of 23.11, a P/E/G ratio of 5.19 and a beta of 0.37. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $175.99. The business’s 50 day moving average is $152.80 and its two-hundred day moving average is $151.06. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49.
Procter & Gamble (NYSE:PG – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. During the same period in the prior year, the company posted $1.88 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s payout ratio is presently 62.52%.
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.
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