Park National Corp OH Acquires 11,237 Shares of Procter & Gamble Company (The) $PG

Park National Corp OH boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 288,401 shares of the company’s stock after buying an additional 11,237 shares during the quarter. Procter & Gamble comprises 1.3% of Park National Corp OH’s portfolio, making the stock its 14th biggest holding. Park National Corp OH’s holdings in Procter & Gamble were worth $41,657,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Uhlmann Price Securities LLC bought a new stake in shares of Procter & Gamble during the 1st quarter worth about $1,324,000. McClarren Financial Advisors Inc. lifted its holdings in Procter & Gamble by 182.7% in the 1st quarter. McClarren Financial Advisors Inc. now owns 4,825 shares of the company’s stock worth $697,000 after purchasing an additional 3,118 shares during the last quarter. Diversified Trust Co boosted its position in Procter & Gamble by 76.6% during the first quarter. Diversified Trust Co now owns 115,813 shares of the company’s stock worth $16,728,000 after purchasing an additional 50,238 shares during the period. Baron Wealth Management LLC boosted its position in Procter & Gamble by 13.5% during the first quarter. Baron Wealth Management LLC now owns 6,644 shares of the company’s stock worth $960,000 after purchasing an additional 790 shares during the period. Finally, Westmount Partners LLC grew its holdings in Procter & Gamble by 16.8% during the first quarter. Westmount Partners LLC now owns 17,399 shares of the company’s stock valued at $2,513,000 after purchasing an additional 2,497 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on PG shares. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Evercore set a $162.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Erste Group Bank lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Finally, BNP Paribas Exane lowered their price target on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $160.78.

Procter & Gamble Stock Up 0.3%

Shares of PG stock opened at $150.85 on Monday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm has a market cap of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. The stock has a 50 day moving average of $145.43 and a 200-day moving average of $147.80.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping 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 business had revenue of $21.23 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter last year, the company posted $1.54 earnings per share. Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

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

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.