Natixis Advisors LLC Sells 562,365 Shares of Procter & Gamble Company (The) $PG

Natixis Advisors LLC cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 26.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,526,320 shares of the company’s stock after selling 562,365 shares during the period. Natixis Advisors LLC’s holdings in Procter & Gamble were worth $218,737,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Trilogy Capital Inc. grew its holdings in Procter & Gamble by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock valued at $901,000 after purchasing an additional 67 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in Procter & Gamble by 1.8% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock valued at $549,000 after purchasing an additional 67 shares during the last quarter. Lorne Steinberg Wealth Management Inc. grew its holdings in Procter & Gamble by 2.7% during the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock valued at $376,000 after purchasing an additional 68 shares during the last quarter. Grant Street Asset Management Inc. grew its holdings in Procter & Gamble by 2.7% during the 4th quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after purchasing an additional 69 shares during the last quarter. Finally, Beech Hill Advisors Inc. grew its holdings in Procter & Gamble by 0.5% during the 4th quarter. Beech Hill Advisors Inc. now owns 14,238 shares of the company’s stock valued at $2,040,000 after purchasing an additional 70 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Royal Bank Of Canada lowered their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Thursday, April 9th. Morgan Stanley lowered their price objective on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group lowered their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble Price Performance

Shares of PG opened at $140.34 on Tuesday. The company has a 50 day moving average price of $144.32 and a 200-day moving average price of $147.85. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $169.04. The stock has a market capitalization of $326.81 billion, a PE ratio of 20.52, a PEG ratio of 6.15 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

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, 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 firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the prior year, the company earned $1.54 EPS. The company’s 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. Equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.1%. Procter & Gamble’s dividend payout ratio is currently 63.60%.

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.