Howland Capital Management LLC Sells 8,635 Shares of Procter & Gamble Company (The) $PG

Howland Capital Management LLC cut its position in Procter & Gamble Company (The) (NYSE:PG) by 6.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 125,547 shares of the company’s stock after selling 8,635 shares during the period. Howland Capital Management LLC’s holdings in Procter & Gamble were worth $18,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Carson Advisory Inc. increased its holdings in Procter & Gamble by 0.5% in the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after acquiring an additional 65 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in Procter & Gamble by 1.8% during the fourth 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. boosted its position in Procter & Gamble by 2.7% during the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock worth $376,000 after purchasing an additional 68 shares during the period. Grant Street Asset Management Inc. boosted its position in Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock worth $376,000 after purchasing an additional 69 shares during the period. Finally, Cowa LLC increased its stake in shares of Procter & Gamble by 2.4% in the fourth quarter. Cowa LLC now owns 2,985 shares of the company’s stock worth $428,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

More Procter & Gamble News

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

• Positive Sentiment: PG continues to be highlighted as a Dividend King with a long record of reliable and growing payouts. Coverage suggests that an investment of roughly $17,000 could generate more than $500 in annual dividends, supporting demand from income-focused investors. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock to Generate Over $500 in Yearly Dividends
• Positive Sentiment: Dividend-focused commentary continues to put PG in the spotlight as investors favor stable blue-chip companies and seek dependable income amid market uncertainty. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
• Neutral Sentiment: PG is also being viewed as a defensive holding while investors await inflation data. Its household-product portfolio may offer relative stability, although inflation and consumer-spending trends remain important for margins and demand. Is Procter & Gamble Steadying Nerves as Markets Await the July Inflation Print?
• Negative Sentiment: Zacks Research made several modest reductions to PG’s earnings outlook, including FY2027 EPS falling to $6.97 from $7.05 and FY2028 EPS to $7.42 from $7.47. Some quarterly estimates were raised, but the overall revisions point to limited near-term earnings momentum. Erste Group Bank also issued a bearish FY2027 earnings forecast. Erste Group Bank Has Bearish Forecast for PG FY2027 Earnings
• Negative Sentiment: Higher gasoline prices could pressure household budgets, potentially encouraging consumers to trade down or reduce discretionary purchases and creating challenges for PG’s volume growth. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PG. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Evercore set a $162.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Rothschild & Co Redburn lowered their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Barclays raised their price target on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, Bank of America reduced their price target on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.52.

Procter & Gamble Stock Performance

NYSE:PG opened at $144.29 on Friday. The business’s 50-day moving average price is $148.21 and its two-hundred day moving average price is $148.92. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The stock has a market cap of $335.40 billion, a P/E ratio of 21.80, a PEG ratio of 4.44 and a beta of 0.39. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.41 by $0.02. The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.Procter & Gamble’s revenue was up 1.5% on a year-over-year basis. 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. As a group, equities analysts predict that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business 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. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.

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.