Procter & Gamble Company (The) $PG Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. grew its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 618.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 34,613 shares of the company’s stock after purchasing an additional 29,794 shares during the quarter. iA Global Asset Management Inc.’s holdings in Procter & Gamble were worth $5,000,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its holdings in shares of Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Procter & Gamble by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after purchasing an additional 1,016 shares during the period. Auxano Advisors LLC increased its stake in Procter & Gamble by 10.8% in the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in Procter & Gamble by 2.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after buying an additional 809 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

PG stock opened at $147.45 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $343.35 billion, a price-to-earnings ratio of 21.56, a P/E/G ratio of 6.38 and a beta of 0.39. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The firm has a 50 day moving average of $146.10 and a two-hundred day moving average of $148.17.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.23 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter last year, the firm earned $1.54 EPS. Procter & Gamble’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.9 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Sanford C. Bernstein started coverage on Procter & Gamble in a research report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 target price for the company. TD Cowen increased their price objective on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Morgan Stanley dropped their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Bank of America decreased their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a report on Friday, April 10th. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $161.47.

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.