Voya Investment Management LLC Has $117.86 Million Stake in Procter & Gamble Company (The) $PG

Voya Investment Management LLC lowered its position in Procter & Gamble Company (The) (NYSE:PG) by 12.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 767,096 shares of the company’s stock after selling 106,614 shares during the quarter. Voya Investment Management LLC’s holdings in Procter & Gamble were worth $117,864,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings 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 worth $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. increased its holdings in shares of Procter & Gamble by 10.6% in 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. Algert Global LLC raised its position in shares of Procter & Gamble by 8.0% in the first quarter. Algert Global LLC now owns 5,410 shares of the company’s stock valued at $922,000 after purchasing an additional 400 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in shares of Procter & Gamble by 41.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,620 shares of the company’s stock worth $1,810,000 after buying an additional 3,126 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its holdings in shares of Procter & Gamble by 97.9% during the 1st quarter. 1832 Asset Management L.P. now owns 1,790,206 shares of the company’s stock worth $305,087,000 after buying an additional 885,434 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PG has been the subject of several research reports. JPMorgan Chase & Co. cut their price objective on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research report on Thursday. Dbs Bank upgraded Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Berenberg Bank increased their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Bank of America reduced their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and raised their price target for the stock from $156.00 to $179.00 in a research report on Tuesday. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble Stock Performance

PG opened at $144.39 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. Procter & Gamble Company has a 52-week low of $138.14 and a 52-week high of $179.99. The firm has a market cap of $337.41 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 4.89 and a beta of 0.39. The business’s fifty day moving average is $147.32 and its 200-day moving average is $153.56.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the prior year, the business posted $1.93 earnings per share. Procter & Gamble’s revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $538,133.05. Following the completion of the sale, the chief executive officer directly owned 34,816 shares in the company, valued at $5,300,039.68. This represents a 9.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jennifer L. Davis sold 3,227 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the transaction, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is currently owned by insiders.

About Procter & Gamble

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.