Duncker Streett & Co. Inc. Grows Stock Holdings in Procter & Gamble Company (The) $PG

Duncker Streett & Co. Inc. lifted its stake in Procter & Gamble Company (The) (NYSE:PG) by 92.3% during the first quarter, HoldingsChannel.com reports. The firm owned 38,572 shares of the company’s stock after purchasing an additional 18,511 shares during the quarter. Procter & Gamble makes up about 1.1% of Duncker Streett & Co. Inc.’s portfolio, making the stock its 21st largest holding. Duncker Streett & Co. Inc.’s holdings in Procter & Gamble were worth $5,571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Montag A & Associates Inc. raised its stake in Procter & Gamble by 9.7% during the first quarter. Montag A & Associates Inc. now owns 67,594 shares of the company’s stock valued at $9,763,000 after buying an additional 6,000 shares during the last quarter. Nicholas Hoffman & Company LLC. increased its holdings in shares of Procter & Gamble by 1.4% during the first quarter. Nicholas Hoffman & Company LLC. now owns 25,476 shares of the company’s stock valued at $3,680,000 after acquiring an additional 341 shares in the last quarter. Delta Capital Management LLC raised its position in shares of Procter & Gamble by 0.9% in the 1st quarter. Delta Capital Management LLC now owns 22,190 shares of the company’s stock worth $3,205,000 after purchasing an additional 200 shares during the last quarter. Navalign LLC boosted its stake in Procter & Gamble by 9.3% in the 1st quarter. Navalign LLC now owns 12,215 shares of the company’s stock worth $1,764,000 after purchasing an additional 1,041 shares in the last quarter. Finally, Eads & Heald Wealth Management boosted its stake in Procter & Gamble by 3.5% in the 1st quarter. Eads & Heald Wealth Management now owns 14,624 shares of the company’s stock worth $2,112,000 after purchasing an additional 501 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. TD Cowen raised their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. UBS Group upped their price objective on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, The Goldman Sachs Group cut their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 8th. Twelve research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.47.

Procter & Gamble Trading Up 2.3%

Procter & Gamble stock opened at $152.72 on Wednesday. The firm has a market capitalization of $355.62 billion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 6.35 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The firm has a 50 day moving average of $146.61 and a 200 day moving average of $148.34. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping 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 company had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the firm earned $1.54 EPS. The firm’s 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 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is currently 63.60%.

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.