Dynamic Technology Lab Private Ltd Buys Shares of 8,472 Procter & Gamble Company (The) $PG

Dynamic Technology Lab Private Ltd bought a new stake in Procter & Gamble Company (The) (NYSE:PG) during the 4th quarter, HoldingsChannel reports. The fund bought 8,472 shares of the company’s stock, valued at approximately $1,214,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van Lanschot Kempen Investment Management N.V. grew its holdings in shares of Procter & Gamble by 8.1% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 182,466 shares of the company’s stock valued at $26,149,000 after purchasing an additional 13,619 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Procter & Gamble during the 4th quarter valued at approximately $13,131,000. Banco Santander S.A. grew its holdings in shares of Procter & Gamble by 19.7% during the 4th quarter. Banco Santander S.A. now owns 257,800 shares of the company’s stock valued at $36,945,000 after purchasing an additional 42,482 shares during the last quarter. Atalanta Sosnoff Capital LLC grew its holdings in shares of Procter & Gamble by 64.4% during the 4th quarter. Atalanta Sosnoff Capital LLC now owns 2,880 shares of the company’s stock valued at $413,000 after purchasing an additional 1,128 shares during the last quarter. Finally, Allianz SE grew its holdings in shares of Procter & Gamble by 3.4% during the 4th quarter. Allianz SE now owns 106,710 shares of the company’s stock valued at $15,293,000 after purchasing an additional 3,520 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on PG. The Goldman Sachs Group decreased their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. Morgan Stanley decreased their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. UBS Group lifted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Sanford C. Bernstein began coverage on shares of Procter & Gamble in a report on Thursday. They set a “market perform” rating and a $156.00 price target on the stock. Finally, Rothschild & Co Redburn decreased their price target 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. Eleven analysts have rated the stock with a Buy rating and ten have assigned 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 price target of $160.78.

Procter & Gamble Trading Up 0.8%

PG opened at $149.47 on Friday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The firm has a market capitalization of $348.04 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 6.45 and a beta of 0.39. The company’s 50 day moving average price is $144.63 and its two-hundred day moving average price is $147.70.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the firm posted $1.54 EPS. The company’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, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share 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 issued 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 of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is presently 63.60%.

Procter & Gamble 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.