Howland Capital Management LLC Decreases Stake in Procter & Gamble Company (The) $PG

Howland Capital Management LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 8.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 146,480 shares of the company’s stock after selling 12,805 shares during the quarter. Howland Capital Management LLC’s holdings in Procter & Gamble were worth $20,992,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Procter & Gamble by 1,000.0% during the fourth 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 period. Litman Gregory Wealth Management LLC bought a new position in Procter & Gamble in the 4th quarter valued at $26,000. Park Square Financial Group LLC increased its position in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Evolution Wealth Management Inc. raised its stake in shares of Procter & Gamble by 1,315.4% during the 4th 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 period. Finally, Maseco LLP bought a new stake in shares of Procter & Gamble during the 4th quarter worth $28,000. 65.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on PG. Morgan Stanley reduced their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Sanford C. Bernstein initiated coverage on shares of Procter & Gamble in a research note on Thursday. They issued a “market perform” rating and a $156.00 target price on the stock. UBS Group increased their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Barclays decreased their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Finally, Erste Group Bank downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $160.78.

Procter & Gamble Stock Up 0.8%

Shares of PG opened at $149.47 on Friday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The stock has a 50 day simple moving average of $144.63 and a two-hundred day simple moving average of $147.70. The firm has a market cap of $348.04 billion, a P/E ratio of 21.85, a P/E/G ratio of 6.45 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data 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 firm had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. 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 earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $1.0885 dividend. 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%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend 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.