Fifth Third Bancorp Boosts Stake in Procter & Gamble Company (The) $PG

Fifth Third Bancorp grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 33.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,783,395 shares of the company’s stock after buying an additional 692,424 shares during the quarter. Procter & Gamble makes up 0.7% of Fifth Third Bancorp’s portfolio, making the stock its 27th biggest holding. Fifth Third Bancorp’s holdings in Procter & Gamble were worth $402,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Glass Wealth Management Co LLC raised its holdings in Procter & Gamble by 1.2% during the first quarter. Glass Wealth Management Co LLC now owns 16,831 shares of the company’s stock valued at $2,431,000 after acquiring an additional 200 shares during the period. Sovran Advisors LLC grew its position in shares of Procter & Gamble by 4.9% during the first quarter. Sovran Advisors LLC now owns 8,194 shares of the company’s stock valued at $1,205,000 after purchasing an additional 384 shares in the last quarter. American Trust grew its position in shares of Procter & Gamble by 3.2% during the first quarter. American Trust now owns 19,459 shares of the company’s stock valued at $2,811,000 after purchasing an additional 600 shares in the last quarter. Simplicity Wealth LLC increased its holdings in shares of Procter & Gamble by 10.1% in the first quarter. Simplicity Wealth LLC now owns 52,795 shares of the company’s stock worth $7,626,000 after purchasing an additional 4,840 shares during the last quarter. Finally, Candriam S.C.A. lifted its position in shares of Procter & Gamble by 5.9% in the first quarter. Candriam S.C.A. now owns 709,122 shares of the company’s stock worth $102,426,000 after buying an additional 39,614 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Up 0.2%

PG stock traded up $0.30 during midday trading on Friday, reaching $147.15. 12,472,118 shares of the company traded hands, compared to its average volume of 8,997,727. The firm has a market capitalization of $342.65 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 6.25 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The business has a 50 day moving average of $146.58 and a 200-day moving average of $148.37. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last announced its 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. The firm had revenue of $21.23 billion during the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.89 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 3.0%. This is a boost 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 presently 63.60%.

Analyst Ratings Changes

PG has been the subject of several research analyst reports. Evercore set a $162.00 price target on Procter & Gamble in a report on Monday, April 27th. Morgan Stanley lowered their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Rothschild & Co Redburn cut their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. TD Cowen boosted their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Finally, Sanford C. Bernstein started coverage on shares of Procter & Gamble in a research note on Thursday, June 11th. They set a “market perform” rating and a $156.00 price target on the stock. Twelve analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.42.

More Procter & Gamble News

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

• Positive Sentiment: RBC Capital reportedly initiated/maintained a Buy rating on Procter & Gamble, reinforcing confidence in the company’s defensive earnings profile and dividend stability.
• Positive Sentiment: Bank of America kept a Buy rating on PG while lowering its price target to $166 from $170, still implying meaningful upside from current levels.
• Positive Sentiment: Recent commentary highlighted PG as a Dividend King with a long history of dividend growth, plus product launches such as Braun NEVO and Cascade Clean and Dry Booster Rinse Aid that could support brand momentum.
• Neutral Sentiment: Several market recap pieces noted that PG had recently underperformed the broader market in prior sessions, reflecting some near-term pressure rather than a company-specific shock.
• Neutral Sentiment: Other articles focused broadly on dividend investing strategies and retirement income ideas, using PG as an example of a reliable income stock rather than citing a new business catalyst.
• Negative Sentiment: One article framed PG as facing a “fresh market test,” suggesting investors are still assessing whether its valuation and growth outlook justify renewed buying.

About Procter & Gamble

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.