Stenger Family Office LLC Sells 5,362 Shares of Procter & Gamble Company (The) $PG

Stenger Family Office LLC lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 15.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 30,478 shares of the company’s stock after selling 5,362 shares during the period. Procter & Gamble makes up approximately 0.9% of Stenger Family Office LLC’s portfolio, making the stock its 27th biggest holding. Stenger Family Office LLC’s holdings in Procter & Gamble were worth $4,368,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $4,664,783,000. Cardano Risk Management B.V. grew its holdings in Procter & Gamble by 1,104.8% during the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock worth $1,364,518,000 after buying an additional 8,731,126 shares in the last quarter. Vanguard Group Inc. raised its position in Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after buying an additional 2,829,151 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Procter & Gamble by 100.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock valued at $782,607,000 after buying an additional 2,741,924 shares during the last quarter. Finally, Amundi lifted its stake in Procter & Gamble by 26.3% during the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock valued at $1,606,748,000 after acquiring an additional 2,222,560 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

PG has been the topic of a number of analyst reports. Barclays cut their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Piper Sandler raised their price target on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. JPMorgan Chase & Co. reduced their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Royal Bank Of Canada decreased their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $160.78.

Procter & Gamble Stock Up 0.3%

Shares of NYSE:PG opened at $150.85 on Friday. The company has a market capitalization of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. 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 business has a fifty day moving average price of $145.43 and a two-hundred day moving average price of $147.80. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25.

Procter & Gamble (NYSE:PG) last announced its 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. The firm had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a $1.0885 dividend. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

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.