First National Bank & Trust Co. of Newtown Sells 8,018 Shares of Procter & Gamble Company (The) $PG

First National Bank & Trust Co. of Newtown trimmed its stake in Procter & Gamble Company (The) (NYSE:PGFree Report) by 25.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 23,193 shares of the company’s stock after selling 8,018 shares during the period. Procter & Gamble comprises approximately 0.7% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 25th largest position. First National Bank & Trust Co. of Newtown’s holdings in Procter & Gamble were worth $3,350,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. lifted 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 buying an additional 150 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $26,000. Park Square Financial Group LLC raised its stake in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. lifted its holdings in shares of Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after acquiring an additional 171 shares during the last quarter. Finally, Basso Capital Management L.P. purchased a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Down 1.1%

Shares of NYSE PG opened at $146.74 on Friday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The firm has a market capitalization of $341.70 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 6.31 and a beta of 0.39. The stock has a 50 day moving average price of $146.57 and a 200 day moving average price of $148.38. 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 (NYSE:PGGet Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion for 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 quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

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

Trending Headlines about Procter & Gamble

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PG shares. Rothschild & Co Redburn reduced their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Royal Bank Of Canada dropped their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Barclays cut their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Jefferies Financial Group lifted their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, BMO Capital Markets boosted their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $161.47.

Read Our Latest Analysis on PG

Procter & Gamble Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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