214,000 Shares in Procter & Gamble Company (The) $PG Purchased by Rit Capital Partners PLC

Rit Capital Partners PLC acquired a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 214,000 shares of the company’s stock, valued at approximately $30,668,000. Procter & Gamble accounts for approximately 6.9% of Rit Capital Partners PLC’s investment portfolio, making the stock its 9th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. increased its position in 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 worth $25,000 after purchasing an additional 150 shares during the period. Park Square Financial Group LLC increased its position in Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Maseco LLP acquired a new stake in Procter & Gamble in the fourth quarter worth about $28,000. Saranac Partners Ltd acquired a new stake in Procter & Gamble in the third quarter worth about $30,000. Finally, Caitlin John LLC bought a new position in Procter & Gamble during the third quarter worth about $34,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

Procter & Gamble Trading Up 0.8%

NYSE:PG opened at $144.50 on Friday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.99. 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 stock has a market capitalization of $336.49 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 6.19 and a beta of 0.41. The business’s 50-day simple moving average is $144.93 and its 200-day simple moving average is $147.95.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the business posted $1.54 EPS. Procter & Gamble’s revenue for the quarter was up 7.4% on a year-over-year basis. 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 fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Analyst Ratings Changes

PG has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Morgan Stanley reduced their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Rothschild & Co Redburn reduced their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $161.06.

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.