New York State Teachers Retirement System Raises Holdings in Procter & Gamble Company (The) $PG

New York State Teachers Retirement System grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,837,770 shares of the company’s stock after buying an additional 19,524 shares during the quarter. Procter & Gamble accounts for about 0.5% of New York State Teachers Retirement System’s investment portfolio, making the stock its 24th biggest holding. New York State Teachers Retirement System’s holdings in Procter & Gamble were worth $265,447,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PG. Sierra Summit Advisors LLC purchased a new position in Procter & Gamble in the first quarter worth $837,000. Optas LLC lifted its holdings in Procter & Gamble by 6.1% in the first quarter. Optas LLC now owns 8,049 shares of the company’s stock valued at $1,163,000 after acquiring an additional 463 shares during the period. DeDora Capital Inc. boosted its position in shares of Procter & Gamble by 4.3% during the 1st quarter. DeDora Capital Inc. now owns 12,791 shares of the company’s stock worth $1,848,000 after purchasing an additional 522 shares in the last quarter. Leonteq Securities AG grew its stake in shares of Procter & Gamble by 103.8% during the 1st quarter. Leonteq Securities AG now owns 6,538 shares of the company’s stock worth $944,000 after purchasing an additional 3,330 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Procter & Gamble by 60.9% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 1,184,928 shares of the company’s stock worth $171,151,000 after purchasing an additional 448,550 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

More Procter & Gamble News

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

• Positive Sentiment: Procter & Gamble is being highlighted as potentially undervalued after its 70th dividend increase, with some commentary suggesting the stock may still have upside despite its premium valuation. Procter & Gamble (PG) Stock May Be 21% Undervalued Following Its 70th Dividend Increase
• Positive Sentiment: The company continues to draw attention as a long-term dividend-growth stock, which can appeal to income-focused investors and support demand for the shares. Here’s How Much You Need to Replace $70,000 in Salary With Dividend Income
• Neutral Sentiment: Procter & Gamble scheduled an earnings webcast discussion, keeping investor attention on upcoming guidance and any updates on demand, margins, and pricing power. Procter & Gamble (NYSE:PG) Schedules Earnings Webcast Discussion
• Neutral Sentiment: Articles on the stock’s “quality” and long dividend history suggest the market still views PG as a stable, reliable holding, but also note that the valuation leaves limited room for error. Procter & Gamble: Quality Priced In, Patience Now Required
• Neutral Sentiment: Another analysis emphasized Procter & Gamble’s 70 years of dividend growth, but cautioned that there may be little room for operational missteps at current levels. Procter & Gamble: 70 Years Of Dividend Growth, But Little Room For Error
• Negative Sentiment: Piper Sandler reportedly rated Procter & Gamble a Hold, reflecting a more cautious view on near-term upside after the stock’s recent run. Procter & Gamble (PG) Receives a Hold from Piper Sandler

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Bank of America reduced their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Rothschild & Co Redburn lowered their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. BMO Capital Markets increased their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a report on Monday. UBS Group lifted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, Evercore set a $162.00 price target on Procter & Gamble in a research note on Monday, April 27th. Twelve investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $161.47.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $151.30 on Friday. 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 firm’s 50-day simple moving average is $146.28 and its 200 day simple moving average is $148.23. The firm has a market capitalization of $352.32 billion, a PE ratio of 22.12, a P/E/G ratio of 6.27 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted 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. The firm had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts predict that Procter & Gamble Company will post 6.9 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders 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. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend 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.