Capital Research Global Investors Cuts Position in Procter & Gamble Company (The) $PG

Capital Research Global Investors lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 8.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,063,288 shares of the company’s stock after selling 814,590 shares during the quarter. Capital Research Global Investors’ holdings in Procter & Gamble were worth $1,298,860,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PG. Norges Bank purchased a new stake in Procter & Gamble in the fourth quarter worth about $4,664,783,000. Vanguard Group Inc. grew its holdings in Procter & Gamble by 1.2% in 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. Assenagon Asset Management S.A. grew its holdings in Procter & Gamble by 100.8% in the fourth 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 during the period. Amundi grew its holdings in Procter & Gamble by 26.3% in the third 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 during the period. Finally, Geode Capital Management LLC grew its holdings in Procter & Gamble by 3.3% in the fourth 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 period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 4.1%

NYSE:PG opened at $146.53 on Friday. The company’s 50 day moving average price is $144.18 and its 200-day moving average price is $147.68. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $341.20 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 6.29 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter last year, the company posted $1.54 earnings per share. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share 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 issued a $1.0885 dividend. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Investors bought an unusually large number of PG call options, suggesting rising bets that the stock could keep climbing in the near term.
• Positive Sentiment: Procter & Gamble highlighted community and brand-building efforts, including Old Spice’s partnership with Walmart and Big Brothers Big Sisters of Miami, which may support consumer goodwill and brand visibility. Article Title
• Positive Sentiment: P&G also announced a disaster-response fleet expansion with Walmart and Matthew 25: Ministries, reinforcing the company’s social-impact reputation and broader partnership network. Article Title
• Neutral Sentiment: P&G is scheduled to webcast a presentation at the Evercore Consumer and Retail Conference on June 10, which keeps investors focused on management commentary but does not by itself change fundamentals. Article Title
• Neutral Sentiment: Several articles discussed PG as a dividend and valuation name, but these were broader investor commentary pieces rather than company-specific catalysts.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on PG shares. Piper Sandler upped their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Raymond James Financial cut their price target 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 increased their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Rothschild & Co Redburn cut their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Finally, Barclays cut their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

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.