Flossbach Von Storch SE Has $475.81 Million Position in Procter & Gamble Company (The) $PG

Flossbach Von Storch SE cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,096,726 shares of the company’s stock after selling 35,228 shares during the quarter. Procter & Gamble makes up about 1.9% of Flossbach Von Storch SE’s holdings, making the stock its 20th largest holding. Flossbach Von Storch SE’s holdings in Procter & Gamble were worth $475,812,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Procter & Gamble during the third quarter worth $25,000. Corundum Trust Company INC bought a new stake in Procter & Gamble in the 3rd quarter valued at $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in Procter & Gamble in the 2nd quarter worth $34,000. RMG Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter worth about $37,000. Finally, Marquette Asset Management LLC acquired a new stake in shares of Procter & Gamble in the 3rd quarter valued at about $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Procter & Gamble news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the sale, the insider owned 182,607 shares in the company, valued at $27,601,048.05. This represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PG shares. Wells Fargo & Company upped their price objective on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. UBS Group boosted their target price on Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Raymond James Financial decreased their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. TD Cowen downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price objective for the company from $150.00 to $156.00 in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $167.00.

Procter & Gamble Trading Down 0.6%

NYSE PG opened at $147.45 on Thursday. The company has a market cap of $342.68 billion, a PE ratio of 21.84, a PEG ratio of 4.93 and a beta of 0.39. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99. The stock has a 50 day moving average of $144.84 and a 200-day moving average of $150.35. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the prior year, the firm posted $1.88 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

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.