Procter & Gamble Company (The) $PG Shares Sold by Bank of America Corp DE

Bank of America Corp DE lessened its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 8.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,341,321 shares of the company’s stock after selling 2,442,995 shares during the quarter. Bank of America Corp DE’s holdings in Procter & Gamble were worth $3,804,740,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Norges Bank purchased a new position in shares of Procter & Gamble during the fourth quarter worth approximately $4,664,783,000. Cardano Risk Management B.V. increased its holdings in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock valued at $1,364,518,000 after acquiring an additional 8,731,126 shares during the period. Auto Owners Insurance Co raised its position in Procter & Gamble by 14,231.0% in the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock valued at $508,700,000 after purchasing an additional 3,524,876 shares during the last quarter. Vanguard Group Inc. boosted its stake in Procter & Gamble by 1.2% during the 4th 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, Amundi boosted its stake in Procter & Gamble by 26.3% during the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after purchasing an additional 2,222,560 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: PG reported fiscal fourth-quarter adjusted EPS of $1.43, exceeding the $1.41 analyst consensus. Productivity savings helped offset higher operating costs. Procter & Gamble Q4 Earnings Beat on Productivity, Sales Miss Estimates
• Positive Sentiment: The company continues to benefit from e-commerce growth and returned significant capital to shareholders, supporting the long-term investment case. Procter & Gamble Q4 2026 Earnings Call Highlights
• Neutral Sentiment: President and CEO Shailesh Jejurikar will become board chairman on August 1, while Executive Chairman Jon Moeller retires from P&G in August. The leadership transition adds continuity because Jejurikar will retain the CEO role. Shailesh Jejurikar Appointed Chairman of P&G Board of Directors
• Negative Sentiment: Quarterly revenue increased only 1.5% year over year to $21.20 billion, missing the $21.38 billion consensus. The sales shortfall, combined with unchanged volume, indicates limited ability to raise prices further. Procter & Gamble’s Stock Drops After Sales Miss
• Negative Sentiment: Organic sales were flat, while consumers facing higher gas and other living costs shifted toward smaller packages and promotions. Weakness in grooming and oral care highlights growing consumer resistance to price increases. Procter & Gamble Says Gas Prices Limiting Consumer Spending
• Negative Sentiment: Fiscal 2027 guidance was modest: EPS of $6.89–$7.11 versus a $7.07 consensus midpoint comparison, and revenue of $85.1–$86.8 billion versus an $89.5 billion analyst estimate. Inflation, tariffs, cost pressures and a difficult economic backdrop are expected to constrain growth. P&G Forecasts Muted 2027

Wall Street Analyst Weigh In

PG has been the subject of a number of research reports. Royal Bank Of Canada reduced their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Jefferies Financial Group raised their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Wells Fargo & Company boosted their price target on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Finally, BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Twelve analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $160.75.

Procter & Gamble Stock Down 1.8%

Shares of Procter & Gamble stock opened at $146.26 on Thursday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company has a market cap of $340.58 billion, a P/E ratio of 21.38, a PEG ratio of 7.41 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. The firm has a fifty day moving average of $147.70 and a two-hundred day moving average of $148.94.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Procter & Gamble 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.