Sei Investments Co. boosted its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 20.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,345,183 shares of the company’s stock after buying an additional 227,631 shares during the period. Sei Investments Co.’s holdings in Procter & Gamble were worth $194,299,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Procter & Gamble by 1.2% during the fourth 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 during the period. State Street Corp lifted its holdings in shares of Procter & Gamble by 1.0% in the 4th quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after purchasing an additional 984,102 shares in the last quarter. Geode Capital Management LLC grew its position in Procter & Gamble by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after purchasing an additional 1,974,556 shares during the period. Norges Bank bought a new stake in Procter & Gamble during the 4th quarter valued at $4,664,783,000. Finally, Price T Rowe Associates Inc. MD increased its stake in Procter & Gamble by 3.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company’s stock valued at $4,243,815,000 after purchasing an additional 1,091,091 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.
Procter & Gamble Price Performance
PG opened at $149.19 on Thursday. 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 $347.42 billion, a price-to-earnings ratio of 21.81, a P/E/G ratio of 7.37 and a beta of 0.39. The firm’s fifty day moving average price is $147.13 and its two-hundred day moving average price is $148.67. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25.
Procter & Gamble Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be paid a $1.0885 dividend. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.
Analysts Set New Price Targets
A number of research firms have weighed in on PG. Royal Bank Of Canada dropped their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research note on Thursday, April 9th. Raymond James Financial lowered their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. UBS Group raised 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. BMO Capital Markets lifted their price target on Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Finally, BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $161.74.
Check Out Our Latest Stock Analysis on Procter & Gamble
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble highlighted a new Swiffer Lemon Duster launch, which could support category growth, reinforce brand strength, and help drive consumer engagement in its home care portfolio. New Swiffer Lemon Duster Delivers Fresh Scent of Clean
- Positive Sentiment: A report suggesting P&G could benefit as investors rotate away from higher-risk growth names into defensive consumer staples may continue to support the stock’s relative appeal. As the AI Selloff Worsens, Time-Tested Procter & Gamble Stock Could Be the Biggest Winner
- Positive Sentiment: Plans to expand manufacturing in Egypt to serve Gulf and African markets could improve regional supply-chain efficiency and support long-term international growth. Procter & Gamble Expands Egypt Manufacturing To Serve Gulf And African Markets
- Neutral Sentiment: Several articles focus on valuation comparisons and whether PG is attractive versus Newell Brands, which is more about relative stock selection than a direct catalyst for P&G itself. NWL vs. PG: Which Stock Should Value Investors Buy Now?
- Neutral Sentiment: Commentary asking whether P&G can stay steady ahead of earnings reflects investor caution, but it does not by itself change the fundamental outlook. Can Procter & Gamble Stay Steady As Earnings Day Approaches
- Negative Sentiment: Analysts are warning that upcoming earnings may decline and that P&G may not have the right setup for an earnings beat, which could weigh on the shares if results or guidance disappoint. Analysts Estimate Procter & Gamble (PG) to Report a Decline in Earnings
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.
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