State Street Corp Boosts Stake in Procter & Gamble Company (The) $PG

State Street Corp raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102,216,308 shares of the company’s stock after buying an additional 965,461 shares during the quarter. State Street Corp’s holdings in Procter & Gamble were worth $14,988,999,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in PG. BlackRock Inc. acquired a new position in Procter & Gamble in the 2nd quarter valued at about $27,862,105,000. Geode Capital Management LLC boosted its stake in shares of Procter & Gamble by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after purchasing an additional 1,974,556 shares during the last quarter. Norges Bank purchased a new stake in shares of Procter & Gamble during the fourth quarter worth about $4,664,783,000. Bank of America Corp DE purchased a new stake in shares of Procter & Gamble during the second quarter worth about $3,850,628,000. Finally, Franklin Resources Inc. raised its position in shares of Procter & Gamble by 4.5% in the fourth quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company’s stock valued at $3,421,122,000 after buying an additional 1,021,833 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In other news, CAO Matthew Janzaruk sold 359 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the sale, the chief accounting officer owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Susan Whaley sold 2,238 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $321,802.02. Following the sale, the insider owned 26,989 shares in the company, valued at approximately $3,880,748.31. The trade was a 7.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 6,627 shares of company stock valued at $953,417 over the last quarter. Company insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PG shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Procter & Gamble in a research note on Wednesday, August 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Barclays raised their price objective on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $161.55.

Procter & Gamble Trading Up 1.2%

PG traded up $1.74 during trading on Tuesday, hitting $147.82. 1,919,551 shares of the company’s stock were exchanged, compared to its average volume of 9,766,727. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The stock has a 50 day moving average price of $146.06 and a 200 day moving average price of $146.46. The firm has a market cap of $343.33 billion, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 3.63 and a beta of 0.39. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last posted its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the business posted $1.48 EPS. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, July 24th. Procter & Gamble’s payout ratio is currently 65.71%.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: PG continues to attract income-oriented investors as a Dividend King. Analysts and long-term investing research highlight the potential benefits of dividend growth, while Procter & Gamble’s broad portfolio and brand strength provide resilience during periods of higher household costs. 2 Rock-Solid Dividend Stocks to Buy in September Even as Oil Surges Past $100 Per Barrel
• Positive Sentiment: A comparison with Colgate-Palmolive emphasizes PG’s portfolio breadth, category leadership, premium products and digital investment, supporting the view that it remains well positioned to defend market share in consumer staples. PG vs. CL: Which Consumer Staples Giant Has Stronger Market Position?
• Positive Sentiment: A historical feature on the low-cost electric toothbrush concept that ultimately generated a reported $475 million outcome underscores the value of consumer innovation associated with PG’s oral-care business, although it is not a new financial announcement. John Osher Built a $475 Million Toothbrush by Starting at 80 Cents While Rivals Started at $79
• Neutral Sentiment: PG was included in a broader Zacks analyst roundup focused on innovation and operational performance, but the article provides no material new company-specific guidance. The Zacks Analyst Blog Highlights Procter & Gamble, Sandisk, Analog Devices, Monarch Cement and SUNation Energy
• Negative Sentiment: The main risk is that pricing may not offset elusive volume growth. PG reportedly faces an approximately $1.4 billion after-tax earnings headwind in fiscal 2027 from higher costs, foreign-exchange pressure and other factors, creating uncertainty around margin and earnings growth. Will Pricing Sustain Procter & Gamble as Volume Growth Stays Elusive?

About Procter & Gamble

Procter & Gamble Company is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio spans beauty, grooming, health care, fabric and home care, and family care products.

The company’s brands include Tide, Ariel, Downy, Dawn, Febreze, Bounty, Charmin, Pampers, Gillette, Oral-B, Crest, Head & Shoulders, Olay and Pantene. These products are sold through retailers, e-commerce platforms and other distribution channels.

Procter & Gamble was founded in Cincinnati in 1837 by William Procter and James Gamble.