Resona Asset Management Co. Ltd. Sells 28,939 Shares of Procter & Gamble Company (The) $PG

Resona Asset Management Co. Ltd. reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 3.4% during the 4th quarter, HoldingsChannel reports. The firm owned 810,701 shares of the company’s stock after selling 28,939 shares during the quarter. Procter & Gamble makes up approximately 0.6% of Resona Asset Management Co. Ltd.’s holdings, making the stock its 27th biggest holding. Resona Asset Management Co. Ltd.’s holdings in Procter & Gamble were worth $116,365,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the period. State Street Corp boosted its holdings in shares of Procter & Gamble by 0.4% in the 3rd quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after acquiring an additional 370,872 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Procter & Gamble by 8.3% in the 3rd quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after acquiring an additional 1,752,481 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Procter & Gamble by 1.2% in the 3rd quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after acquiring an additional 189,968 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in shares of Procter & Gamble by 0.4% in the 3rd quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock worth $1,691,449,000 after acquiring an additional 40,941 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

More Procter & Gamble News

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

• Positive Sentiment: 24/7 Wall St. reiterated a bullish view on Procter & Gamble (PG), assigning a $163.50 price target and calling it a buy, implying meaningful upside from recent levels.
• Positive Sentiment: Brokerage coverage referenced in recent reporting shows PG with an average recommendation of “Moderate Buy,” reinforcing investor confidence in the stock’s defensive earnings profile.
• Positive Sentiment: Analyst pieces focused on Tide and Pampers suggest innovation, premiumization, and better retail execution could help revive volume growth, a potential catalyst for revenue trends. Article Title
• Positive Sentiment: P&G also launched the Elton John Impact Awards podcast special with iHeartMedia, supporting brand visibility and ESG/consumer engagement efforts. Article Title
• Positive Sentiment: A new Native product launch, the Boba Cafe Collection, highlights P&G’s ability to target younger and multicultural consumers, which could support category growth over time. Article Title
• Neutral Sentiment: Algorhythm Holdings said its freight-services contract with P&G India was expanded, but this is a logistics update and appears unlikely to materially move the parent company’s stock on its own. Article Title

Wall Street Analyst Weigh In

Several brokerages have recently commented on PG. TD Cowen boosted their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Rothschild & Co Redburn reduced their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Erste Group Bank downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Piper Sandler upped their price objective on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.06.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $142.29 on Tuesday. The firm has a fifty day moving average of $145.87 and a two-hundred day moving average of $148.12. The stock has a market capitalization of $331.34 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 6.07 and a beta of 0.41. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the company posted $1.54 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $1.0885 dividend. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.1%. Procter & Gamble’s payout ratio is presently 63.60%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the transaction, the chief executive officer directly owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 1,809 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider directly owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. The trade was a 5.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by insiders.

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.