Glenview Trust Co Grows Stake in Procter & Gamble Company (The) $PG

Glenview Trust Co lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 21.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 460,477 shares of the company’s stock after purchasing an additional 80,350 shares during the quarter. Procter & Gamble comprises approximately 1.0% of Glenview Trust Co’s portfolio, making the stock its 24th largest holding. Glenview Trust Co’s holdings in Procter & Gamble were worth $66,511,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. E Fund Management Hong Kong Co. Ltd. increased its stake in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Park Square Financial Group LLC grew its holdings in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. increased its position in shares of Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC bought a new position in shares of Procter & Gamble in the fourth quarter worth approximately $26,000. Finally, Maseco LLP purchased a new stake in Procter & Gamble in the fourth quarter valued at approximately $28,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $149.11 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $347.22 billion, a PE ratio of 21.80, a PEG ratio of 7.46 and a beta of 0.39. The company’s fifty day moving average is $146.91 and its 200 day moving average is $148.60. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (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 business had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same period in the prior year, the business posted $1.54 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a dividend of $1.0885 per share. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on PG shares. Royal Bank Of Canada dropped 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 report on Thursday, April 9th. Bank of America lowered their price objective on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Jefferies Financial Group lifted their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Rothschild & Co Redburn reduced their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.42.

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.