Procter & Gamble Company (The) $PG Shares Acquired by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,198 shares of the company’s stock after purchasing an additional 3,559 shares during the quarter. Clarkston Capital Partners LLC’s holdings in Procter & Gamble were worth $17,942,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Alchemi Wealth LLC acquired a new position in Procter & Gamble during the 4th quarter valued at approximately $470,000. Peak Planning Group LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter worth $676,000. Cardano Risk Management B.V. increased its stake in shares of Procter & Gamble by 1,104.8% in the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock worth $1,364,518,000 after acquiring an additional 8,731,126 shares during the period. Martingale Asset Management L P increased its stake in shares of Procter & Gamble by 8.9% in the fourth quarter. Martingale Asset Management L P now owns 222,081 shares of the company’s stock worth $31,826,000 after acquiring an additional 18,161 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Procter & Gamble in the fourth quarter worth $1,214,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of a number of research reports. Royal Bank Of Canada cut 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. Jefferies Financial Group cut their price objective on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Raymond James Financial cut their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. JPMorgan Chase & Co. cut their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Finally, BNP Paribas Exane cut their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $160.78.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $149.47 on Friday. The company’s fifty day moving average price is $144.63 and its 200 day moving average price is $147.70. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a market capitalization of $348.04 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 6.45 and a beta of 0.39. 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:PG) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the firm posted $1.54 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts predict that Procter & Gamble Company will post 6.91 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. Investors of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is currently 63.60%.

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.