Waycross Partners LLC Raises Holdings in Procter & Gamble Company (The) $PG

Waycross Partners LLC increased its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 117.1% in the 1st quarter, HoldingsChannel reports. The firm owned 220,784 shares of the company’s stock after buying an additional 119,076 shares during the quarter. Procter & Gamble makes up 3.0% of Waycross Partners LLC’s portfolio, making the stock its 15th largest position. Waycross Partners LLC’s holdings in Procter & Gamble were worth $31,890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PG. Vanguard Group Inc. raised its holdings in shares of 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 during the last quarter. State Street Corp boosted its stake in shares of Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock valued at $14,563,008,000 after acquiring an additional 984,102 shares during the last quarter. Geode Capital Management LLC increased its position in Procter & Gamble by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after purchasing an additional 1,974,556 shares in the last quarter. Norges Bank purchased a new stake in Procter & Gamble during the 4th quarter worth about $4,664,783,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Procter & Gamble by 3.8% in 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 purchasing an additional 1,091,091 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.1%

NYSE PG opened at $149.84 on Monday. The company has a market cap of $348.92 billion, a P/E ratio of 21.91, a P/E/G ratio of 7.46 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 company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The company has a 50-day moving average of $146.80 and a 200-day moving average of $148.56.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results 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. 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 analysts’ expectations of $21.52 billion. During the same period last year, the company earned $1.54 earnings per share. The company’s quarterly revenue 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 predict that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Rothschild & Co Redburn cut their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a research note on Monday, April 27th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $161.42.

Get Our Latest Report on PG

Key Stories Impacting Procter & Gamble

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

  • Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title
  • Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title
  • Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title
  • Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title
  • Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title
  • Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title

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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