Bollard Group LLC decreased its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 38.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,394 shares of the company’s stock after selling 7,039 shares during the period. Bollard Group LLC’s holdings in Procter & Gamble were worth $1,633,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. Litman Gregory Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $26,000. Park Square Financial Group LLC grew its position in shares of Procter & Gamble by 65.1% during the 4th 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. grew its position in shares of Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after buying an additional 171 shares during the period. Finally, Maseco LLP acquired a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently commented on the stock. Bank of America reduced their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. BNP Paribas Exane reduced their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Rothschild & Co Redburn reduced their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Jefferies Financial Group reduced their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, UBS Group lifted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $160.78.
Procter & Gamble Price Performance
Shares of NYSE:PG opened at $149.47 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $144.63 and its two-hundred day simple moving average is $147.70. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25. The stock has a market cap of $348.04 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 6.51 and a beta of 0.39.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Procter & Gamble Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a $1.0885 dividend. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s payout ratio is 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.
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