Sienna Gestion Has $19.67 Million Stock Position in Procter & Gamble Company (The) $PG

Sienna Gestion decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 8.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 137,202 shares of the company’s stock after selling 12,565 shares during the period. Procter & Gamble comprises 1.2% of Sienna Gestion’s holdings, making the stock its 19th largest holding. Sienna Gestion’s holdings in Procter & Gamble were worth $19,666,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Carson Advisory Inc. raised its holdings in Procter & Gamble by 0.5% during the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock valued at $1,738,000 after buying an additional 65 shares in the last quarter. Trilogy Capital Inc. raised its holdings in Procter & Gamble by 1.1% during the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock valued at $901,000 after buying an additional 67 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Procter & Gamble by 1.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock valued at $549,000 after buying an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. raised its holdings in Procter & Gamble by 2.7% during the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock valued at $376,000 after buying an additional 68 shares in the last quarter. Finally, Grant Street Asset Management Inc. raised its holdings in Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after buying an additional 69 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Up 0.5%

Shares of PG opened at $150.40 on Tuesday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. 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 firm has a market capitalization of $350.21 billion, a price-to-earnings ratio of 21.99, a P/E/G ratio of 6.51 and a beta of 0.39. The stock’s 50-day moving average price is $144.78 and its 200 day moving average price is $147.72.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the company posted $1.54 earnings per share. The company’s quarterly revenue 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. As a group, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a dividend of $1.0885 per share. This is a positive change 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 dividend payout ratio is presently 63.60%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Sanford C. Bernstein assumed coverage on Procter & Gamble in a report on Thursday. They set a “market perform” rating and a $156.00 target price on the stock. Wells Fargo & Company raised their target price on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Finally, TD Cowen lifted 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. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.