Procter & Gamble Company (The) $PG Shares Bought by World Investment Advisors

World Investment Advisors grew its position in Procter & Gamble Company (The) (NYSE:PG) by 8.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,065 shares of the company’s stock after acquiring an additional 9,150 shares during the quarter. World Investment Advisors’ holdings in Procter & Gamble were worth $16,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gradient Investments LLC increased its position in Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock worth $36,270,000 after buying an additional 28,777 shares during the period. Cibc World Market Inc. lifted its stake in Procter & Gamble by 40.6% in the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after buying an additional 147,701 shares during the last quarter. Bell Asset Management Ltd acquired a new position in shares of Procter & Gamble during the third quarter valued at $5,054,000. Truepoint Inc. grew its position in shares of Procter & Gamble by 12.3% during the third quarter. Truepoint Inc. now owns 129,017 shares of the company’s stock worth $19,823,000 after acquiring an additional 14,116 shares during the last quarter. Finally, Distillate Capital Partners LLC increased its holdings in shares of Procter & Gamble by 12.9% in the 3rd quarter. Distillate Capital Partners LLC now owns 255,447 shares of the company’s stock worth $39,255,000 after acquiring an additional 29,254 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on PG shares. Bank of America reduced their target price 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. Wells Fargo & Company raised their price target 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. Sanford C. Bernstein began coverage on Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price objective for the company. Royal Bank Of Canada decreased their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Finally, Piper Sandler raised their target price on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Twelve research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.47.

Procter & Gamble Price Performance

NYSE PG opened at $151.30 on Friday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The firm has a market capitalization of $352.32 billion, a PE ratio of 22.12, a P/E/G ratio of 6.44 and a beta of 0.39. The company’s 50 day simple moving average is $146.45 and its 200 day simple moving average is $148.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data 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 business had revenue of $21.23 billion during 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 was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast 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 given 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 was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is 63.60%.

About Procter & Gamble

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.