PKO Investment Management Joint Stock Co Purchases New Stake in Procter & Gamble Company (The) $PG

PKO Investment Management Joint Stock Co purchased a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,123 shares of the company’s stock, valued at approximately $1,737,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted 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 acquiring an additional 2,829,151 shares in the last quarter. State Street Corp increased its holdings in Procter & Gamble by 0.4% during the 3rd quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Procter & Gamble by 1.2% in the third quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after purchasing an additional 189,968 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Procter & Gamble by 0.4% in the third quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock valued at $1,691,449,000 after purchasing an additional 40,941 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $147.44 on Friday. The business’s fifty day simple moving average is $149.44 and its 200 day simple moving average is $148.62. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.99. The firm has a market capitalization of $343.34 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 6.31 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last announced 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 during the quarter, compared to the consensus estimate 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 for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.92 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, April 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

Insiders Place Their Bets

In other Procter & Gamble news, insider Susan Street Whaley sold 1,809 shares of Procter & Gamble stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. The trade was a 5.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the transaction, the chairman directly owned 319,385 shares of the company’s stock, valued at $51,884,093.25. This represents a 33.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 252,715 shares of company stock valued at $40,966,904. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PG shares. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. TD Cowen raised their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Evercore set a $162.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Jefferies Financial Group reduced their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, Barclays lowered their target price 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. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.06.

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.