Procter & Gamble Company (The) $PG Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 47.3% during the second quarter, Holdings Channel.com reports. The firm owned 3,009,845 shares of the company’s stock after purchasing an additional 966,326 shares during the quarter. Procter & Gamble makes up 0.6% of Assenagon Asset Management S.A.’s investment portfolio, making the stock its 27th largest position. Assenagon Asset Management S.A.’s holdings in Procter & Gamble were worth $441,364,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares in the last quarter. State Street Corp grew its position in Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after buying an additional 984,102 shares during the period. Geode Capital Management LLC increased its holdings in Procter & Gamble by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after buying an additional 1,974,556 shares in the last quarter. Norges Bank purchased a new position in Procter & Gamble in the fourth quarter valued at about $4,664,783,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Procter & Gamble by 3.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company’s stock valued at $4,243,815,000 after acquiring an additional 1,091,091 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Key Procter & Gamble News

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

• Positive Sentiment: Thorne acquisition expands growth opportunities. P&G agreed to acquire science-focused supplements company Thorne for approximately $3.8 billion. The deal broadens PG’s health-care portfolio into vitamins, minerals and supplements, a faster-growing category that could diversify its traditional household and personal-care businesses. Procter & Gamble Agrees To Buy Thorne For $3.8 Billion
• Positive Sentiment: Investors initially viewed the deal favorably. Market coverage described the acquisition as a reason PG stock moved higher, suggesting investors see strategic value in Thorne’s premium positioning and potential to support longer-term growth. A $3.8 Billion Reason Why Procter & Gamble Stock Is in Focus Today
• Positive Sentiment: Sustainability progress may support brand relationships. PureCycle Technologies reported that first P&G commercial resin deliveries began, with select Downy detergent caps entering commercial production. The development supports PG’s recycled-material goals and may help strengthen sustainability credentials, although the direct financial impact appears limited for now. PureCycle Technologies Reports Second Quarter 2026 Results
• Neutral Sentiment: Acquisition execution and valuation remain key questions. The $3.8 billion purchase is sizable relative to P&G’s historical acquisitions, so investors will likely focus on the price paid, funding, integration and how quickly Thorne contributes to earnings. See how P&G’s $3.8B Deal for Thorne Compares With Its Past Acquisitions

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PG. Barclays raised their price objective on Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. UBS Group upped their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. TD Cowen raised their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Sanford C. Bernstein started coverage on Procter & Gamble in a research note on Thursday, June 11th. They set a “market perform” rating and a $156.00 price target for the company. Finally, Citigroup decreased their price objective on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $161.52.

Procter & Gamble Stock Performance

Shares of PG stock opened at $146.78 on Friday. 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 $341.80 billion, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 4.51 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company has a 50 day moving average price of $147.81 and a 200 day moving average price of $149.00.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.02. The company had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s payout ratio is 65.71%.

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.