91,626 Shares in Procter & Gamble Company (The) $PG Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 91,626 shares of the company’s stock, valued at approximately $13,131,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Banco Santander S.A. lifted its position in Procter & Gamble by 19.7% during the 4th quarter. Banco Santander S.A. now owns 257,800 shares of the company’s stock worth $36,945,000 after acquiring an additional 42,482 shares during the last quarter. Atalanta Sosnoff Capital LLC lifted its position in Procter & Gamble by 64.4% during the 4th quarter. Atalanta Sosnoff Capital LLC now owns 2,880 shares of the company’s stock worth $413,000 after acquiring an additional 1,128 shares during the last quarter. Allianz SE lifted its position in Procter & Gamble by 3.4% during the 4th quarter. Allianz SE now owns 106,710 shares of the company’s stock worth $15,293,000 after acquiring an additional 3,520 shares during the last quarter. Summit Financial LLC lifted its position in Procter & Gamble by 9.5% during the 4th quarter. Summit Financial LLC now owns 56,703 shares of the company’s stock worth $8,126,000 after acquiring an additional 4,941 shares during the last quarter. Finally, Circle Wealth Management LLC lifted its position in Procter & Gamble by 0.5% during the 4th quarter. Circle Wealth Management LLC now owns 19,485 shares of the company’s stock worth $2,792,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of research analyst reports. Piper Sandler boosted their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Raymond James Financial cut their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. UBS Group boosted their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Erste Group Bank lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and a consensus target price of $160.78.

Procter & Gamble Stock Up 0.8%

Shares of PG opened at $149.47 on Friday. The company has a 50-day simple moving average of $144.63 and a 200-day simple moving average of $147.70. The firm has a market capitalization of $348.04 billion, a P/E ratio of 21.85, a P/E/G ratio of 6.45 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

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

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.