Piedmont Capital Management LLC NC Acquires Shares of 4,036 Procter & Gamble Company (The) $PG

Piedmont Capital Management LLC NC acquired a new stake in Procter & Gamble Company (The) (NYSE:PG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,036 shares of the company’s stock, valued at approximately $578,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Resources Management Corp CT ADV raised its position in Procter & Gamble by 41.8% in the fourth quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock valued at $11,681,000 after purchasing an additional 24,010 shares during the period. RFP Financial Group LLC raised its position in Procter & Gamble by 5.7% in the fourth quarter. RFP Financial Group LLC now owns 2,673 shares of the company’s stock valued at $383,000 after purchasing an additional 144 shares during the period. SHUTTLEWORTH & Co raised its position in Procter & Gamble by 4.8% in the fourth quarter. SHUTTLEWORTH & Co now owns 10,593 shares of the company’s stock valued at $1,518,000 after purchasing an additional 483 shares during the period. Sargent Investment Group LLC raised its position in Procter & Gamble by 17.2% in the fourth quarter. Sargent Investment Group LLC now owns 14,198 shares of the company’s stock valued at $2,035,000 after purchasing an additional 2,084 shares during the period. Finally, South Plains Financial Inc. raised its position in Procter & Gamble by 4.1% in the fourth quarter. South Plains Financial Inc. now owns 9,467 shares of the company’s stock valued at $1,357,000 after purchasing an additional 373 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PG has been the topic of several research reports. Evercore set a $162.00 price objective on Procter & Gamble in a research report on Monday, April 27th. Wells Fargo & Company lifted their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. BNP Paribas Exane dropped their target price on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Sanford C. Bernstein started coverage on Procter & Gamble in a research report on Thursday. They set a “market perform” rating and a $156.00 target price on the stock. Finally, TD Cowen lifted their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $160.78.

Procter & Gamble Stock Down 0.1%

Shares of NYSE PG opened at $149.47 on Monday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The firm has a market cap of $348.04 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 6.51 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. The stock’s 50-day simple moving average is $144.63 and its 200-day simple moving average is $147.71.

Procter & Gamble (NYSE:PG) last announced its 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. The business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal 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 paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s payout ratio is 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.