Verity & Verity LLC Has $11.84 Million Stock Holdings in Procter & Gamble Company (The) $PG

Verity & Verity LLC boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 82,642 shares of the company’s stock after acquiring an additional 3,621 shares during the period. Verity & Verity LLC’s holdings in Procter & Gamble were worth $11,843,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Essex Financial Services Inc. raised its holdings in shares of Procter & Gamble by 1.6% in the fourth quarter. Essex Financial Services Inc. now owns 60,905 shares of the company’s stock valued at $8,728,000 after purchasing an additional 960 shares during the last quarter. Founders Financial Securities LLC raised its holdings in shares of Procter & Gamble by 23.1% in the fourth quarter. Founders Financial Securities LLC now owns 45,391 shares of the company’s stock valued at $6,505,000 after purchasing an additional 8,514 shares during the last quarter. Core Wealth Advisors LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $42,000. Bearing Point Capital LLC raised its holdings in shares of Procter & Gamble by 13.7% in the fourth quarter. Bearing Point Capital LLC now owns 4,043 shares of the company’s stock valued at $579,000 after purchasing an additional 487 shares during the last quarter. Finally, Texas Yale Capital Corp. raised its holdings in shares of Procter & Gamble by 0.9% in the fourth quarter. Texas Yale Capital Corp. now owns 61,080 shares of the company’s stock valued at $8,753,000 after purchasing an additional 559 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $143.60 on Friday. 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 firm has a market capitalization of $334.39 billion, a PE ratio of 20.99, a P/E/G ratio of 6.15 and a beta of 0.41. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The company has a 50-day moving average price of $144.41 and a two-hundred day moving average price of $147.89.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current 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 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 3.0%. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Wall Street Analysts Forecast Growth

PG has been the subject of several analyst reports. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Jefferies Financial Group lowered their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. JPMorgan Chase & Co. lowered their target price 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. TD Cowen increased their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Finally, Erste Group Bank downgraded shares of 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 nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $161.06.

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.