Siemens Fonds Invest GmbH decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,252 shares of the company’s stock after selling 7,799 shares during the period. Siemens Fonds Invest GmbH’s holdings in Procter & Gamble were worth $9,256,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI increased its position in Procter & Gamble by 9.7% during the fourth quarter. National Bank of Canada FI now owns 2,048,089 shares of the company’s stock worth $293,503,000 after buying an additional 181,715 shares during the period. Mangrove Partners IM LLC acquired a new position in Procter & Gamble during the fourth quarter worth approximately $983,000. Graham Capital Management L.P. increased its position in Procter & Gamble by 726.7% during the fourth quarter. Graham Capital Management L.P. now owns 79,619 shares of the company’s stock worth $11,410,000 after buying an additional 69,988 shares during the period. Night Squared LP acquired a new position in Procter & Gamble during the fourth quarter worth approximately $7,989,000. Finally, Magnetar Financial LLC acquired a new position in Procter & Gamble during the fourth quarter worth approximately $4,405,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have commented on PG. Piper Sandler lifted 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. Sanford C. Bernstein began coverage on Procter & Gamble in a report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 target price on the stock. Morgan Stanley dropped their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Bank of America dropped their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average target price of $160.78.
Procter & Gamble Trading Up 1.3%
NYSE:PG opened at $152.38 on Wednesday. The firm has a market cap of $354.83 billion, a P/E ratio of 22.28, a PEG ratio of 6.54 and a beta of 0.39. 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 stock’s 50 day simple moving average is $144.96 and its 200-day simple moving average is $147.75. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25.
Procter & Gamble (NYSE:PG – Get Free Report) last released 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 business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend 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.
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