Procter & Gamble Company (The) $PG Position Lifted by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Procter & Gamble Company (The) (NYSE:PG) by 1.4% in the 3rd quarter, Holdings Channel reports. The firm owned 593,845 shares of the company’s stock after buying an additional 8,378 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Procter & Gamble were worth $86,274,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Baxter Bros Inc. acquired a new position in Procter & Gamble in the second quarter valued at about $12,381,000. Empowered Funds LLC bought a new stake in shares of Procter & Gamble in the second quarter worth about $53,549,000. Bank of America Corp DE bought a new stake in shares of Procter & Gamble in the second quarter worth about $3,850,628,000. Rokos Capital Management LLP acquired a new stake in shares of Procter & Gamble during the first quarter worth about $29,914,000. Finally, State Street Corp raised its position in shares of Procter & Gamble by 1.0% during the second quarter. State Street Corp now owns 102,216,308 shares of the company’s stock worth $14,988,999,000 after purchasing an additional 965,461 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Bank of America cut their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a report on Friday, July 10th. BMO Capital Markets increased their target price on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, September 21st. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, Evercore upgraded shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 target price on the stock in a report on Tuesday, October 6th. Fourteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $162.20.

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 359 shares of Procter & Gamble stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the sale, the chief accounting officer owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andre Schulten sold 3,914 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $568,860.76. Following the completion of the sale, the chief financial officer owned 65,618 shares in the company, valued at $9,536,920.12. The trade was a 5.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 15,135 shares of company stock valued at $2,189,970 over the last ninety days. Company insiders own 0.23% of the company’s stock.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Procter & Gamble’s decades-long record of dividend increases continues to support its appeal as a defensive income investment, particularly for investors seeking stability amid market and interest-rate volatility. Meet the Dividend King Stock That Yields More Than Quintuple the Nasdaq-100
• Positive Sentiment: PG is investing in brand innovation, artificial-intelligence capabilities and productivity programs designed to improve market share, margins and organic sales growth over the long term. Procter & Gamble’s Innovation Push
• Positive Sentiment: A new Head & Shoulders Scalp Care Collection gives the company a targeted, science-led product refresh that could help strengthen consumer engagement and support premium pricing in hair care. Why Is Procter & Gamble Refreshing Its Scalp Care Playbook Now?
• Neutral Sentiment: PG will report fiscal Q1 2027 results before the market opens on October 22. Investors are focused on organic sales, volumes, pricing, margins and management’s outlook for the remainder of fiscal 2027. Procter & Gamble Q1 Earnings Expectations
• Negative Sentiment: The immediate earnings tension is volume recovery versus pricing headwinds: stronger unit demand would be encouraging, but reduced pricing power could pressure revenue growth and profitability. Procter & Gamble Earnings Preview
• Negative Sentiment: With PG trading at roughly 24 times earnings and a high PEG ratio, investors may demand a strong outlook and clear evidence that innovation can revive growth; otherwise, the valuation leaves room for downside around the earnings event. Procter & Gamble Innovation and Valuation

Procter & Gamble Trading Down 1.1%

PG opened at $157.59 on Tuesday. The stock has a market capitalization of $366.02 billion, a P/E ratio of 23.80, a P/E/G ratio of 3.96 and a beta of 0.39. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The firm’s fifty day simple moving average is $147.11 and its 200 day simple moving average is $146.62.

Procter & Gamble (NYSE:PG) last released its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%. The firm had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the company earned $1.48 EPS. The company’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is currently 65.71%.

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.