Procter & Gamble Company (The) $PG Shares Sold by BXM Wealth LLC

BXM Wealth LLC decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 92.2% in the 1st quarter, HoldingsChannel reports. The fund owned 4,605 shares of the company’s stock after selling 54,078 shares during the quarter. BXM Wealth LLC’s holdings in Procter & Gamble were worth $665,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in PG. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in Procter & Gamble during the fourth quarter worth about $26,000. Park Square Financial Group LLC grew its position in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the period. Evolution Wealth Management Inc. increased its holdings in Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after buying an additional 171 shares in the last quarter. Finally, Basso Capital Management L.P. acquired a new stake in shares of Procter & Gamble during the 4th quarter valued at approximately $28,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PG has been the topic of several research analyst reports. Jefferies Financial Group boosted their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Morgan Stanley cut their target price 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. The Goldman Sachs Group lowered their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Twelve 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 a consensus price target of $161.47.

Procter & Gamble Stock Performance

NYSE PG opened at $148.40 on Tuesday. The business’s 50-day simple moving average is $146.05 and its 200-day simple moving average is $148.08. The firm has a market capitalization of $345.57 billion, a P/E ratio of 21.70, a P/E/G ratio of 6.48 and a beta of 0.39. 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.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the firm posted $1.54 earnings per share. Procter & Gamble’s revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble Company will post 6.91 EPS 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. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is currently 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.