Procter & Gamble Company (The) $PG Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 276,832 shares of the company’s stock after acquiring an additional 29,625 shares during the period. Procter & Gamble accounts for 0.8% of Harbour Investments Inc.’s holdings, making the stock its 18th biggest position. Harbour Investments Inc.’s holdings in Procter & Gamble were worth $39,673,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after buying an additional 2,829,151 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Procter & Gamble by 100.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after buying an additional 2,741,924 shares in the last quarter. Amundi increased its position in Procter & Gamble by 26.3% during the third quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after buying an additional 2,222,560 shares in the last quarter. Franklin Resources Inc. increased its position 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 buying an additional 1,752,481 shares in the last quarter. Finally, Danske Bank A S purchased a new position in Procter & Gamble during the third quarter worth $252,853,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on PG shares. Barclays dropped 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. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Piper Sandler raised their price target on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Rothschild & Co Redburn dropped their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

PG stock opened at $144.50 on Tuesday. The stock has a 50-day moving average price of $144.82 and a two-hundred day moving average price of $147.93. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market cap of $336.49 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 6.19 and a beta of 0.41.

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, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the previous year, the business earned $1.54 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. 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 year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders 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 3.0%. 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 presently 63.60%.

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.