Eurizon SLJ Capital Ltd Invests $602,000 in Procter & Gamble Company (The) $PG

Eurizon SLJ Capital Ltd purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,204 shares of the company’s stock, valued at approximately $602,000.

Several other large investors have also modified their holdings of the stock. E Fund Management Hong Kong Co. Ltd. raised its position in Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. Park Square Financial Group LLC raised its position in Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Maseco LLP purchased a new position in Procter & Gamble in the fourth quarter worth $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble in the third quarter worth $30,000. Finally, Caitlin John LLC purchased a new position in Procter & Gamble in the third quarter worth $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 1.6%

Shares of PG stock opened at $143.60 on Friday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.99. The stock has a market cap of $334.39 billion, a P/E ratio of 20.99, a P/E/G ratio of 6.26 and a beta of 0.41. The business has a fifty day simple moving average of $144.41 and a 200-day simple moving average of $147.89. 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 (NYSE:PG) last announced 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 return on equity of 32.00% and a net margin of 19.16%.The business 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 posted $1.54 earnings per share. The business’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. On average, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share 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 dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is 63.60%.

Analyst Upgrades and Downgrades

PG has been the subject of several research analyst reports. 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 report on Monday, April 27th. Morgan Stanley cut their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Rothschild & Co Redburn cut their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. JPMorgan Chase & Co. cut their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $161.06.

Procter & Gamble Company 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.