Main Street Financial Solutions LLC Has $2.98 Million Position in Procter & Gamble Company (The) $PG

Main Street Financial Solutions LLC reduced its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 32.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,793 shares of the company’s stock after selling 9,836 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Procter & Gamble were worth $2,980,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in PG. IHT Wealth Management LLC lifted its stake in shares of Procter & Gamble by 2.8% in the fourth quarter. IHT Wealth Management LLC now owns 79,858 shares of the company’s stock valued at $11,447,000 after buying an additional 2,198 shares during the period. Interval Partners LP lifted its stake in shares of Procter & Gamble by 18.8% in the fourth quarter. Interval Partners LP now owns 266,717 shares of the company’s stock valued at $38,223,000 after buying an additional 42,214 shares during the period. Investment Management Corp of Ontario lifted its stake in shares of Procter & Gamble by 10.3% in the fourth quarter. Investment Management Corp of Ontario now owns 254,674 shares of the company’s stock valued at $36,497,000 after buying an additional 23,715 shares during the period. Gotham Asset Management LLC lifted its stake in shares of Procter & Gamble by 95.0% in the fourth quarter. Gotham Asset Management LLC now owns 154,948 shares of the company’s stock valued at $22,206,000 after buying an additional 75,492 shares during the period. Finally, Evolve Private Wealth LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at about $1,687,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Evercore set a $162.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Barclays reduced their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. TD Cowen increased their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, The Goldman Sachs Group reduced their target price on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $160.78.

Get Our Latest Research Report on Procter & Gamble

Procter & Gamble Stock Down 1.4%

Shares of PG opened at $150.39 on Thursday. The stock has a market cap of $350.20 billion, a price-to-earnings ratio of 21.99, a P/E/G ratio of 6.63 and a beta of 0.39. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The company has a 50-day moving average price of $145.12 and a two-hundred day moving average price of $147.76.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a dividend of $1.0885 per share. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. 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:

Procter & Gamble Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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