Generations Wealth LLC Acquires New Holdings in Procter & Gamble Company (The) $PG

Generations Wealth LLC acquired a new stake in Procter & Gamble Company (The) (NYSE:PG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 7,994 shares of the company’s stock, valued at approximately $1,146,000. Procter & Gamble comprises about 1.2% of Generations Wealth LLC’s investment portfolio, making the stock its 15th biggest holding.

Several other hedge funds have also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Procter & Gamble by 81.5% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 229,275 shares of the company’s stock valued at $32,857,000 after purchasing an additional 102,949 shares during the last quarter. Infusive Asset Management Inc. lifted its position in Procter & Gamble by 56.6% in the 4th quarter. Infusive Asset Management Inc. now owns 77,601 shares of the company’s stock valued at $11,121,000 after purchasing an additional 28,055 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in Procter & Gamble in the 4th quarter valued at about $1,807,000. Cornerstone Financial Management LLC acquired a new position in Procter & Gamble during the 4th quarter valued at about $42,000. Finally, Destination Wealth Management increased its stake in Procter & Gamble by 2.5% during the 4th quarter. Destination Wealth Management now owns 55,907 shares of the company’s stock valued at $8,012,000 after buying an additional 1,385 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on PG. UBS Group raised their target price on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Erste Group Bank cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Wells Fargo & Company raised their target price 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. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Finally, Raymond James Financial lowered their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $160.78.

Procter & Gamble Stock Performance

Shares of PG opened at $149.47 on Friday. The firm’s 50 day moving average is $144.63 and its 200-day moving average is $147.70. The stock has a market capitalization of $348.04 billion, a P/E ratio of 21.85, a P/E/G ratio of 6.51 and a beta of 0.39. 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 Company has a 12-month low of $137.62 and a 12-month high of $167.25.

Procter & Gamble (NYSE:PG) last announced 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 company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is 63.60%.

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.