Bryn Mawr Trust Advisors LLC Sells 3,436 Shares of Procter & Gamble Company (The) $PG

Bryn Mawr Trust Advisors LLC reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 124,401 shares of the company’s stock after selling 3,436 shares during the quarter. Procter & Gamble comprises about 0.9% of Bryn Mawr Trust Advisors LLC’s investment portfolio, making the stock its 28th largest position. Bryn Mawr Trust Advisors LLC’s holdings in Procter & Gamble were worth $17,969,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PG. Norges Bank acquired a new position in Procter & Gamble during the fourth quarter valued at approximately $4,664,783,000. Cardano Risk Management B.V. increased its stake in Procter & Gamble by 1,104.8% in the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock valued at $1,364,518,000 after purchasing an additional 8,731,126 shares in the last quarter. Auto Owners Insurance Co raised its holdings in Procter & Gamble by 14,231.0% in the fourth quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock worth $508,700,000 after purchasing an additional 3,524,876 shares during the period. Vanguard Group Inc. raised its holdings in 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 purchasing an additional 2,829,151 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in shares of Procter & Gamble by 100.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after purchasing an additional 2,741,924 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PG shares. Sanford C. Bernstein initiated coverage on shares of Procter & Gamble in a report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 price target for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. TD Cowen boosted their target price on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Royal Bank Of Canada lowered their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $161.42.

Procter & Gamble Price Performance

NYSE PG opened at $148.41 on Tuesday. The firm’s 50 day moving average is $146.60 and its 200-day moving average is $148.44. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $345.59 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 6.26 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.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The business had revenue of $21.23 billion during the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.89 earnings per share for the current fiscal year.

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.