First Nebraska Trust Co Takes $2.16 Million Position in Procter & Gamble Company (The) $PG

First Nebraska Trust Co purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,958 shares of the company’s stock, valued at approximately $2,161,000.

Other hedge funds have also recently bought and sold shares of the company. Financial Solutions Advisory Group Inc. purchased a new stake in Procter & Gamble during the first quarter worth $1,075,000. Integrated Investment Consultants LLC increased its position in shares of Procter & Gamble by 0.7% in the first quarter. Integrated Investment Consultants LLC now owns 9,943 shares of the company’s stock valued at $1,436,000 after buying an additional 72 shares in the last quarter. Mullaney Keating & Wright Inc. increased its position in shares of Procter & Gamble by 6.0% in the first quarter. Mullaney Keating & Wright Inc. now owns 3,078 shares of the company’s stock valued at $445,000 after buying an additional 174 shares in the last quarter. Blue Fin Capital Inc. raised its stake in shares of Procter & Gamble by 2.3% during the 1st quarter. Blue Fin Capital Inc. now owns 11,458 shares of the company’s stock worth $1,655,000 after buying an additional 261 shares during the last quarter. Finally, Carlson Capital L.P. purchased a new stake in shares of Procter & Gamble in the 1st quarter worth about $1,791,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $144.62 on Friday. The stock has a fifty day moving average price of $147.71 and a 200 day moving average price of $148.92. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The firm has a market capitalization of $336.77 billion, a P/E ratio of 21.85, a PEG ratio of 7.23 and a beta of 0.39. The company has a current ratio of 0.68, a quick ratio of 0.53 and a debt-to-equity ratio of 0.42.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a return on equity of 31.25% and a net margin of 18.44%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is 65.71%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Barclays raised their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. BMO Capital Markets raised their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $163.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. BNP Paribas Exane dropped their price target 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. Finally, The Goldman Sachs Group cut their price target on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Thirteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $161.52.

Procter & Gamble News Summary

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

• Positive Sentiment: Citigroup maintained a Buy rating and set a $170 price target, implying substantial potential upside from recent levels, although the target was reduced from $181. Procter & Gamble Given New $170 Price Target at Citigroup
• Positive Sentiment: Brokerage coverage still leans constructive, with PG receiving an average “Moderate Buy” rating; Jefferies also retained its Buy rating despite trimming its target to $177. PG Average Rating of Moderate Buy
• Positive Sentiment: Management is emphasizing innovation, productivity improvements, e-commerce growth and market-share gains to support a consumer recovery. New product and marketing initiatives, including Downy’s premium fragrance campaign, could help reinforce brand strength. PG Q4 Earnings Call Highlights

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.