SteelPeak Wealth LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 39.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 93,581 shares of the company’s stock after purchasing an additional 26,458 shares during the period. SteelPeak Wealth LLC’s holdings in Procter & Gamble were worth $13,723,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the period. Park Square Financial Group LLC increased its position in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. raised its stake in Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC bought a new stake in Procter & Gamble in the 4th quarter valued at $26,000. Finally, Basso Capital Management L.P. acquired a new stake in Procter & Gamble in the 4th quarter worth $28,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on PG shares. Evercore set a $162.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Finally, Rothschild & Co Redburn decreased 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. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $161.52.
Procter & Gamble Stock Down 0.8%
Shares of PG opened at $144.08 on Thursday. The business’s fifty day moving average price is $148.14 and its two-hundred day moving average price is $148.96. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The firm has a market capitalization of $334.90 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 4.47 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.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. The company had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, analysts predict that Procter & Gamble Company will post 6.99 earnings per share for the current year.
Procter & Gamble Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s dividend payout ratio is currently 65.71%.
Key Procter & Gamble News
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble’s beauty business is helping support growth, while the company’s dividend-increase streak has reached 70 consecutive years. The record highlights PG’s durable brands, recurring cash flow and appeal to income-focused investors. Procter & Gamble’s beauty business helps drive growth as dividend streak reaches 70 consecutive years
- Positive Sentiment: Analysts and market commentators continue to identify PG as a defensive Dividend King with resilient earnings, strong consumer brands and the ability to return cash through dividends and share repurchases. That positioning can attract investors when technology and higher-growth stocks are volatile. 5 Dividend Kings That Blew Away Q2 Earnings Are Sizzling Summer Bargains
- Positive Sentiment: Old Spice introduced its limited-edition Fallidudes seasonal collection, adding new marketing and product activity to PG’s grooming portfolio. The launch is unlikely to materially change near-term earnings but supports brand engagement and sales visibility. Old Spice Introduces This Year’s Limited-Edition Fallidudes Collection
- Neutral Sentiment: Coverage examining PG’s dividend emphasizes that generating $10,000 in annual income requires a substantial investment because of the stock’s relatively modest yield. The payout’s long history is a strength, but the income objective may reinforce concerns about PG’s valuation. Here’s How Many Shares of Procter & Gamble You’d Need for $10,000 in Yearly Dividends
- Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate slightly to $7.00 from $7.01, although it projects FY2028 EPS of $7.42. The minimal revision is not a major fundamental change, but it signals cautious expectations and offers little fresh earnings-growth upside versus consensus. Procter & Gamble analyst earnings estimates
- Negative Sentiment: Recent analysis questions whether PG is expensive after its latest annual results and 2027 guidance. Although the company’s prior quarter delivered an EPS beat, revenue of $21.20 billion was below the $21.38 billion consensus estimate, keeping valuation and muted growth as potential overhangs. Procter & Gamble Issues 2027 Guidance, Is The Stock Expensive?
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.
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