SVB Wealth LLC Reduces Stock Position in Procter & Gamble Company (The) $PG

SVB Wealth LLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,424 shares of the company’s stock after selling 16,184 shares during the quarter. SVB Wealth LLC’s holdings in Procter & Gamble were worth $8,659,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Maseco LLP bought a new position in shares of Procter & Gamble during the 4th quarter worth $28,000. Saranac Partners Ltd bought a new position in shares of Procter & Gamble during the 3rd quarter worth $30,000. Corundum Trust Company INC bought a new position in shares of Procter & Gamble during the 3rd quarter worth $32,000. Caitlin John LLC bought a new position in shares of Procter & Gamble during the 3rd quarter worth $34,000. Finally, Anfield Capital Management LLC grew its position in shares of Procter & Gamble by 121.5% during the 4th quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock worth $34,000 after buying an additional 130 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

More Procter & Gamble News

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Analyst Ratings Changes

A number of research firms have recently issued reports on PG. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Barclays decreased their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Evercore set a $162.00 price objective on Procter & Gamble in a research note on Monday, April 27th. Wells Fargo & Company upped 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. Finally, Piper Sandler upped their price objective on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $161.06.

Get Our Latest Stock Analysis on PG

Procter & Gamble Stock Up 0.0%

Shares of PG stock opened at $146.44 on Monday. The stock’s 50-day simple moving average is $148.41 and its 200-day simple moving average is $148.55. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The firm has a market capitalization of $341.00 billion, a PE ratio of 21.41, a P/E/G ratio of 6.28 and a beta of 0.41. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.99.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results 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 company had revenue of $21.24 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is 63.60%.

Insider Buying and Selling

In other Procter & Gamble news, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider directly owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 244,715 shares of company stock valued at $39,702,904 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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