Procter & Gamble Company (The) $PG Shares Bought by Xponance LLC

Xponance LLC grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 356,530 shares of the company’s stock after purchasing an additional 17,209 shares during the period. Xponance LLC’s holdings in Procter & Gamble were worth $51,094,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. grew its holdings in Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the period. Park Square Financial Group LLC grew its holdings in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. grew its holdings in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after acquiring an additional 171 shares during the period. Maseco LLP acquired a new position in Procter & Gamble during the fourth quarter worth about $28,000. Finally, Saranac Partners Ltd acquired a new position in Procter & Gamble during the third quarter worth about $30,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Sanford C. Bernstein assumed coverage on Procter & Gamble in a report on Thursday. They set a “market perform” rating and a $156.00 target price on the stock. Barclays lowered their target price on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $163.00 price target on shares of Procter & Gamble in a research report on Monday, April 27th. Finally, TD Cowen increased their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $160.78.

Check Out Our Latest Research Report on PG

Procter & Gamble Trading Down 0.4%

NYSE:PG opened at $148.50 on Friday. 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 Company has a 1-year low of $137.62 and a 1-year high of $167.25. The firm has a market capitalization of $345.80 billion, a price-to-earnings ratio of 21.71, a price-to-earnings-growth ratio of 6.48 and a beta of 0.39. The stock has a fifty day simple moving average of $144.53 and a 200 day simple moving average of $147.69.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the company posted $1.54 EPS. Procter & Gamble’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, April 24th. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio is 63.60%.

Procter & Gamble News Summary

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

Procter & Gamble Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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