Procter & Gamble Company (The) $PG Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 44.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 14,533 shares of the company’s stock after selling 11,782 shares during the quarter. Townsquare Capital LLC’s holdings in Procter & Gamble were worth $2,083,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. grew its position in Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. Park Square Financial Group LLC grew its position in Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the last quarter. Evolution Wealth Management Inc. grew its position in Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Maseco LLP purchased a new position in Procter & Gamble during the 4th quarter worth $28,000. Finally, Saranac Partners Ltd purchased a new position in Procter & Gamble during the 3rd quarter worth $30,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Up 0.5%

Shares of NYSE PG opened at $149.36 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. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The firm has a 50-day moving average price of $144.44 and a 200 day moving average price of $147.70. The stock has a market capitalization of $347.80 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 6.38 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter last year, the business earned $1.54 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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 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 annualized dividend and a dividend yield of 2.9%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Trending Headlines about Procter & Gamble

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Wall Street Analysts Forecast Growth

Several brokerages have issued reports on PG. UBS Group raised their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Rothschild & Co Redburn lowered their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Jefferies Financial Group lowered their price objective on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Barclays lowered their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Finally, Wells Fargo & Company raised their price objective on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.06.

Read Our Latest Research Report on PG

About Procter & Gamble

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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