Trillium Asset Management LLC Sells 24,139 Shares of Procter & Gamble Company (The) $PG

Trillium Asset Management LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 19.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,635 shares of the company’s stock after selling 24,139 shares during the period. Trillium Asset Management LLC’s holdings in Procter & Gamble were worth $14,563,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PG. Norges Bank bought a new position in Procter & Gamble in the 4th quarter worth about $4,664,783,000. Vanguard Group Inc. boosted its stake in 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 purchasing an additional 2,829,151 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in 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 purchasing an additional 2,741,924 shares in the last quarter. Amundi boosted its stake in 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 purchasing an additional 2,222,560 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Procter & Gamble by 272.3% in the 4th quarter. Renaissance Technologies LLC now owns 2,986,061 shares of the company’s stock worth $427,932,000 after purchasing an additional 2,183,911 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PG shares. BNP Paribas Exane decreased their target price on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Piper Sandler boosted their target price on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada decreased their target price on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Thursday, April 9th. Evercore set a $162.00 target price on Procter & Gamble in a research report on Monday, April 27th. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $149.47 on Friday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm has a market cap of $348.04 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 6.45 and a beta of 0.39. 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 business has a 50-day simple moving average of $144.63 and a two-hundred day simple moving average of $147.70.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results 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 analyst estimates of $21.52 billion. During the same quarter in the prior year, the firm earned $1.54 EPS. 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. On average, 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 declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is currently 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.