Wesbanco Bank Inc. Has $36.38 Million Holdings in Procter & Gamble Company (The) $PG

Wesbanco Bank Inc. trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 251,837 shares of the company’s stock after selling 4,778 shares during the quarter. Procter & Gamble makes up about 1.0% of Wesbanco Bank Inc.’s investment portfolio, making the stock its 16th largest holding. Wesbanco Bank Inc.’s holdings in Procter & Gamble were worth $36,375,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PG. Unique Wealth LLC lifted its stake in shares of Procter & Gamble by 4.3% in the 1st quarter. Unique Wealth LLC now owns 2,449 shares of the company’s stock valued at $354,000 after purchasing an additional 101 shares during the last quarter. Xcel Wealth Management LLC increased its position in Procter & Gamble by 22.1% during the first quarter. Xcel Wealth Management LLC now owns 5,113 shares of the company’s stock worth $739,000 after buying an additional 926 shares during the last quarter. Topsail Wealth Management LLC raised its holdings in Procter & Gamble by 2.6% during the first quarter. Topsail Wealth Management LLC now owns 13,012 shares of the company’s stock valued at $1,879,000 after buying an additional 329 shares in the last quarter. MRWM Advisors LLC raised its holdings in Procter & Gamble by 5.7% during the first quarter. MRWM Advisors LLC now owns 6,062 shares of the company’s stock valued at $876,000 after buying an additional 325 shares in the last quarter. Finally, AA Financial Advisors LLC lifted its position in shares of Procter & Gamble by 17.9% in the first quarter. AA Financial Advisors LLC now owns 9,077 shares of the company’s stock worth $1,311,000 after buying an additional 1,380 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Roundup

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

• Positive Sentiment: Jefferies raised its price target on Procter & Gamble to $179 from $177 and reiterated a Buy rating, implying notable upside versus the current trading level. Jefferies adjusts price target on Procter & Gamble to $179 from $177, maintains Buy rating
• Positive Sentiment: P&G’s Native personal-care brand announced new product launches, including a detoxifying body scrub collection and upgraded deodorant and body wash offerings, which may support growth in its beauty and grooming portfolio. Native Shakes Up the Body Care Category with New Detoxifying Body Scrub Collection Native Launches Reformulated Deodorant and Body Washes with Enhanced Performance and Improved Formulations
• Neutral Sentiment: Procter & Gamble Hygiene & Health Care shut its trading window ahead of quarterly results, a routine corporate action that does not directly affect the U.S.-listed parent’s fundamentals. P&G Hygiene & Health Care shuts trading window ahead of Q1 FY27 results
• Negative Sentiment: Earlier coverage highlighted that PG fell more than the broader market in the prior session, suggesting some short-term pressure remained despite the upbeat analyst call. Here’s Why Procter & Gamble (PG) Fell More Than Broader Market

Procter & Gamble Trading Up 0.7%

Shares of PG stock opened at $149.49 on Friday. The firm has a fifty day moving average of $145.94 and a 200-day moving average of $147.95. The stock has a market cap of $348.11 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 6.46 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. 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 issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating 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 business had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the business earned $1.54 EPS. The firm’s 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 disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a $1.0885 dividend. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Analysts Set New Price Targets

PG has been the topic of a number of analyst reports. TD Cowen increased their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Royal Bank Of Canada lowered their target price 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. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Finally, Raymond James Financial dropped their price objective 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. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $161.00.

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.