Procter & Gamble Company (The) $PG Shares Purchased by ING Groep NV

ING Groep NV increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 24.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 462,369 shares of the company’s stock after purchasing an additional 89,632 shares during the period. ING Groep NV’s holdings in Procter & Gamble were worth $66,262,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PG. Norges Bank acquired a new stake in shares of Procter & Gamble in the 4th quarter worth $4,664,783,000. Vanguard Group Inc. lifted its stake in shares of Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Procter & Gamble by 100.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after acquiring an additional 2,741,924 shares during the period. Amundi lifted its stake in shares of Procter & Gamble by 26.3% in the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after acquiring an additional 2,222,560 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Procter & Gamble by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after acquiring an additional 1,974,556 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 4.1%

Shares of NYSE PG opened at $146.53 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The firm has a 50-day moving average price of $144.18 and a 200 day moving average price of $147.68. The stock has a market capitalization of $341.20 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 6.29 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating 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 $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter last year, the business earned $1.54 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Investors bought an unusually large number of PG call options, suggesting rising bets that the stock could keep climbing in the near term.
• Positive Sentiment: Procter & Gamble highlighted community and brand-building efforts, including Old Spice’s partnership with Walmart and Big Brothers Big Sisters of Miami, which may support consumer goodwill and brand visibility. Article Title
• Positive Sentiment: P&G also announced a disaster-response fleet expansion with Walmart and Matthew 25: Ministries, reinforcing the company’s social-impact reputation and broader partnership network. Article Title
• Neutral Sentiment: P&G is scheduled to webcast a presentation at the Evercore Consumer and Retail Conference on June 10, which keeps investors focused on management commentary but does not by itself change fundamentals. Article Title
• Neutral Sentiment: Several articles discussed PG as a dividend and valuation name, but these were broader investor commentary pieces rather than company-specific catalysts.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Jefferies Financial Group reduced their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Royal Bank Of Canada reduced their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Evercore set a $162.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, TD Cowen raised their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $161.06.

Procter & Gamble Company 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.