Oddo BHF Asset Management Sas Grows Stock Position in Procter & Gamble Company (The) $PG

Oddo BHF Asset Management Sas increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 28.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,518 shares of the company’s stock after buying an additional 5,038 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Procter & Gamble were worth $3,227,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. boosted its stake in Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. Park Square Financial Group LLC boosted its stake 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 buying an additional 71 shares during the period. Evolution Wealth Management Inc. boosted its stake in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after buying an additional 171 shares during the period. Litman Gregory Wealth Management LLC purchased a new position in Procter & Gamble during the fourth quarter worth about $26,000. Finally, Maseco LLP purchased a new position in Procter & Gamble during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $152.38 on Wednesday. The stock has a market cap of $354.83 billion, a P/E ratio of 22.28, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. The company has a fifty day simple moving average of $144.96 and a 200-day simple moving average of $147.75. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last released 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 business had revenue of $21.24 billion during 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 company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PG shares. TD Cowen boosted their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Raymond James Financial cut their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Erste Group Bank downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Jefferies Financial Group dropped their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. cut their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Eleven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

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.