Walser Wealth Management Company A Ltd Liability Co Purchases New Stake in Procter & Gamble Company (The) $PG

Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) during the fourth quarter, Holdings Channel reports. The fund acquired 3,520 shares of the company’s stock, valued at approximately $504,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC grew its stake 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 purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. grew its stake in Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares in the last quarter. Litman Gregory Wealth Management LLC bought a new stake in Procter & Gamble in the fourth quarter valued at about $26,000. Finally, Maseco LLP acquired a new stake in Procter & Gamble during the fourth quarter valued at approximately $28,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Up 0.2%

Shares of NYSE:PG opened at $150.85 on Friday. The company has a market cap of $351.26 billion, a PE ratio of 22.05, a P/E/G ratio of 6.55 and a beta of 0.39. The company’s 50-day moving average price is $145.31 and its 200 day moving average price is $147.78. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week 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.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the business posted $1.54 EPS. Procter & Gamble’s 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. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

Analyst Upgrades and Downgrades

A number of research firms have commented on PG. Bank of America reduced their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. BNP Paribas Exane lowered their price target on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. TD Cowen upped their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Morgan Stanley reduced their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company lifted their price objective on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

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.