Fundsmith Investment Services LTD. Has $254.68 Million Stock Position in Procter & Gamble Company (The) $PG

Fundsmith Investment Services LTD. lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 5.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,777,110 shares of the company’s stock after selling 111,865 shares during the period. Procter & Gamble accounts for 4.7% of Fundsmith Investment Services LTD.’s portfolio, making the stock its 12th largest position. Fundsmith Investment Services LTD.’s holdings in Procter & Gamble were worth $254,678,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. Norges Bank acquired a new stake in Procter & Gamble in the 4th quarter valued at approximately $4,664,783,000. Cardano Risk Management B.V. grew its holdings in shares of Procter & Gamble by 1,104.8% during the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock worth $1,364,518,000 after purchasing an additional 8,731,126 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Procter & Gamble by 100.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after purchasing an additional 2,741,924 shares in the last quarter. Finally, Amundi grew its holdings in shares of Procter & Gamble by 26.3% during the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after purchasing an additional 2,222,560 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $152.38 on Wednesday. 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 company has a market capitalization of $354.83 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The business has a 50 day simple moving average of $144.96 and a 200 day simple moving average of $147.75.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The business 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%.Procter & Gamble’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given 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 2.9%. Procter & Gamble’s dividend payout ratio is 63.60%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Jefferies Financial Group decreased their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a report on Monday, April 20th. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Sanford C. Bernstein assumed coverage on Procter & Gamble in a report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price objective on the stock. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Eleven research 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $160.78.

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.