Tandem Investment Advisors Inc. Cuts Stake in Procter & Gamble Company (The) $PG

Tandem Investment Advisors Inc. trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 78.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,542 shares of the company’s stock after selling 9,292 shares during the quarter. Tandem Investment Advisors Inc.’s holdings in Procter & Gamble were worth $364,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Allstate Corp grew its position in Procter & Gamble by 109.9% during the 4th quarter. Allstate Corp now owns 179,328 shares of the company’s stock valued at $25,699,000 after purchasing an additional 93,893 shares during the last quarter. MSH Capital Advisors LLC grew its position in Procter & Gamble by 8.8% during the 4th quarter. MSH Capital Advisors LLC now owns 12,093 shares of the company’s stock valued at $1,733,000 after purchasing an additional 981 shares during the last quarter. Summitry LLC grew its position in Procter & Gamble by 9.0% during the 4th quarter. Summitry LLC now owns 57,338 shares of the company’s stock valued at $8,217,000 after purchasing an additional 4,737 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Procter & Gamble by 17.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 10,562 shares of the company’s stock valued at $1,514,000 after purchasing an additional 1,558 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. grew its position in Procter & Gamble by 1.9% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 4,496 shares of the company’s stock valued at $705,000 after purchasing an additional 83 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. The Goldman Sachs Group cut their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. UBS Group lifted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada decreased their price objective 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. Finally, Barclays lowered their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $144.50 on Tuesday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The stock has a market capitalization of $336.49 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 6.19 and a beta of 0.41. The firm’s 50 day moving average price is $144.82 and its 200-day moving average price is $147.93. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44.

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

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Insider Activity

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the sale, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. This trade represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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.