MML Investors Services LLC Acquires 14,590 Shares of Procter & Gamble Company (The) $PG

MML Investors Services LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 462,103 shares of the company’s stock after buying an additional 14,590 shares during the quarter. MML Investors Services LLC’s holdings in Procter & Gamble were worth $66,224,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after buying an additional 2,829,151 shares during the last quarter. State Street Corp increased its holdings in Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after buying an additional 984,102 shares during the last quarter. Geode Capital Management LLC increased its holdings in Procter & Gamble by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after buying an additional 1,974,556 shares during the last quarter. Norges Bank purchased a new stake in Procter & Gamble during the fourth quarter worth about $4,664,783,000. Finally, Franklin Resources Inc. increased its holdings in Procter & Gamble by 4.5% during the fourth quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company’s stock worth $3,421,122,000 after buying an additional 1,021,833 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

PG opened at $150.40 on Tuesday. The company has a market capitalization of $350.21 billion, a price-to-earnings ratio of 21.99, a PEG ratio of 6.51 and a beta of 0.39. 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 50-day moving average price of $144.78 and a 200-day moving average price of $147.72. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.24 billion during the quarter, compared to the consensus estimate 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 was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase 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 63.60%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. TD Cowen raised their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Piper Sandler raised their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Barclays decreased their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. UBS Group lifted their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Eleven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $160.78.

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.