Van Lanschot Kempen Investment Management N.V. Has $26.15 Million Position in Procter & Gamble Company (The) $PG

Van Lanschot Kempen Investment Management N.V. boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 182,466 shares of the company’s stock after purchasing an additional 13,619 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Procter & Gamble were worth $26,149,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Triodos Investment Management BV lifted its stake in Procter & Gamble by 7.3% during the 3rd quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after acquiring an additional 17,400 shares in the last quarter. Vanguard Group Inc. lifted its stake in Procter & Gamble by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after acquiring an additional 1,419,322 shares in the last quarter. Gradient Investments LLC lifted its stake in Procter & Gamble by 12.8% during the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after acquiring an additional 28,777 shares in the last quarter. Fiera Capital Corp lifted its stake in Procter & Gamble by 20.3% during the 3rd quarter. Fiera Capital Corp now owns 53,128 shares of the company’s stock valued at $8,163,000 after acquiring an additional 8,961 shares in the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in Procter & Gamble during the 3rd quarter valued at $3,776,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on PG shares. Morgan Stanley dropped their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Jefferies Financial Group dropped their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Sanford C. Bernstein started coverage on Procter & Gamble in a research note on Thursday. They set a “market perform” rating and a $156.00 price objective on the stock. Raymond James Financial dropped their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Finally, TD Cowen lifted their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.78.

Procter & Gamble Trading Up 0.8%

NYSE:PG opened at $149.47 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $348.04 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 6.45 and a beta of 0.39. The firm’s 50 day moving average is $144.63 and its 200 day moving average is $147.70. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25.

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. The company 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%. Procter & Gamble’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a $1.0885 dividend. This is a boost 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 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 63.60%.

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.