Procter & Gamble Company (The) $PG Shares Acquired by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 122.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 64,800 shares of the company’s stock after buying an additional 35,623 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Procter & Gamble were worth $9,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gradient Investments LLC lifted its stake in shares of Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after purchasing an additional 28,777 shares during the period. Cibc World Market Inc. grew its position in Procter & Gamble by 40.6% during the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after buying an additional 147,701 shares during the period. World Investment Advisors grew its position in Procter & Gamble by 15.9% during the fourth quarter. World Investment Advisors now owns 105,915 shares of the company’s stock worth $15,179,000 after buying an additional 14,492 shares during the period. Distillate Capital Partners LLC increased its holdings in Procter & Gamble by 12.9% in the third quarter. Distillate Capital Partners LLC now owns 255,447 shares of the company’s stock valued at $39,255,000 after buying an additional 29,254 shares in the last quarter. Finally, Resources Management Corp CT ADV lifted its position in shares of Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock valued at $11,681,000 after acquiring an additional 24,010 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Trading Up 0.9%

Shares of PG opened at $148.41 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The firm has a 50 day simple moving average of $146.60 and a 200-day simple moving average of $148.44. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25. The stock has a market cap of $345.59 billion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 6.26 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping 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 return on equity of 32.00% and a net margin of 19.16%.The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.89 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on PG. UBS Group boosted their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Bank of America dropped their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research note on Friday. Raymond James Financial decreased their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Sanford C. Bernstein started coverage on Procter & Gamble in a report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 target price on the stock. Finally, TD Cowen raised their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.42.

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.