PFG Advisors decreased its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 45.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,571 shares of the company’s stock after selling 30,408 shares during the period. PFG Advisors’ holdings in Procter & Gamble were worth $5,363,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the business. ARS Wealth Advisors Group LLC raised its holdings in shares of Procter & Gamble by 2.1% during the second quarter. ARS Wealth Advisors Group LLC now owns 131,746 shares of the company’s stock valued at $19,319,000 after buying an additional 2,770 shares during the last quarter. HBW Advisory Services LLC grew its holdings in Procter & Gamble by 2.0% in the 2nd quarter. HBW Advisory Services LLC now owns 8,452 shares of the company’s stock worth $1,239,000 after buying an additional 168 shares in the last quarter. BTC Capital Management Inc. increased its position in Procter & Gamble by 11.7% in the 2nd quarter. BTC Capital Management Inc. now owns 115,947 shares of the company’s stock valued at $17,002,000 after acquiring an additional 12,108 shares during the period. Union Bancaire Privee UBP SA increased its position in Procter & Gamble by 30.5% in the 2nd quarter. Union Bancaire Privee UBP SA now owns 113,055 shares of the company’s stock valued at $16,578,000 after acquiring an additional 26,439 shares during the period. Finally, Ipswich Investment Management Co. Inc. raised its stake in Procter & Gamble by 7.2% during the 2nd quarter. Ipswich Investment Management Co. Inc. now owns 38,878 shares of the company’s stock valued at $5,701,000 after acquiring an additional 2,626 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.
Procter & Gamble Stock Performance
PG opened at $144.79 on Monday. The firm has a market cap of $336.55 billion, a PE ratio of 21.87, a P/E/G ratio of 4.45 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. The business has a fifty day simple moving average of $148.17 and a 200-day simple moving average of $148.89. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25.
Procter & Gamble Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s dividend payout ratio is presently 65.71%.
Procter & Gamble News Roundup
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Calmer inflation is improving the outlook for consumer-staples companies by potentially easing pressure on household budgets and input costs. Procter & Gamble’s broad portfolio of essential brands is being viewed as relatively resilient. Why Is Procter & Gamble in Focus as Calmer Inflation Steadies Consumer Staples?
- Positive Sentiment: PG continues to attract income-oriented investors as a Dividend King, supported by more than six decades of dividend increases. Articles highlighting the dependability of its payout may provide a valuation and demand tailwind. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock
- Positive Sentiment: Zacks Research raised several individual forecasts, including Q3 fiscal 2027 EPS to $1.66 from $1.64 and Q4 fiscal 2027 EPS to $1.55 from $1.54. It also projects fiscal 2029 EPS of $7.85, above the current-year consensus of approximately $6.99. Procter & Gamble analyst estimates
- Neutral Sentiment: Coverage continues to frame Procter & Gamble as a steady blue-chip holding while investors await inflation data. That supports defensive positioning but does not represent a new fundamental catalyst. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
- Negative Sentiment: Zacks reduced multiple estimates, including fiscal 2027 EPS to $6.97 from $7.05 and fiscal 2028 EPS to $7.42 from $7.47. Fiscal Q1 2027 EPS was cut to $1.89 from $1.96, signaling modest pressure on near-term growth expectations. Procter & Gamble earnings estimates
- Negative Sentiment: Higher gasoline prices could constrain consumer discretionary spending and increase pressure on value-conscious shoppers, even though PG sells everyday necessities. Erste Group Bank also issued a bearish fiscal 2027 earnings outlook. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?
Analyst Ratings Changes
A number of brokerages have issued reports on PG. Jefferies Financial Group boosted their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Sanford C. Bernstein assumed coverage on shares of Procter & Gamble in a report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Finally, UBS Group boosted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $161.52.
View Our Latest Analysis on PG
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.
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