Town & Country Bank & Trust CO dba First Bankers Trust CO Buys 6,307 Shares of Procter & Gamble Company (The) $PG

Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 21.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,310 shares of the company’s stock after buying an additional 6,307 shares during the quarter. Procter & Gamble accounts for 1.8% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 15th biggest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Procter & Gamble were worth $5,245,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in PG. Gradient Investments LLC lifted its stake in shares of Procter & Gamble by 12.8% in the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after acquiring an additional 28,777 shares during the last quarter. Cibc World Market Inc. grew its position in Procter & Gamble by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after acquiring an additional 147,701 shares during the last quarter. Arete Wealth Advisors LLC purchased a new position in Procter & Gamble in the 3rd quarter worth approximately $3,776,000. World Investment Advisors lifted its position in Procter & Gamble by 15.9% in the fourth quarter. World Investment Advisors now owns 105,915 shares of the company’s stock valued at $15,179,000 after purchasing an additional 14,492 shares during the last quarter. Finally, Hohimer Wealth Management LLC lifted its position in Procter & Gamble by 220.1% in the third quarter. Hohimer Wealth Management LLC now owns 30,686 shares of the company’s stock valued at $4,715,000 after purchasing an additional 21,100 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Raymond James Financial cut their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Royal Bank Of Canada lowered their price target 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. Wells Fargo & Company increased their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Bank of America decreased their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price 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. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $160.78.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $147.81 on Tuesday. The business has a 50 day moving average of $145.45 and a 200 day moving average of $147.82. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a market cap of $344.19 billion, a PE ratio of 21.61, a P/E/G ratio of 6.54 and a beta of 0.39. 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 quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.03. The business had revenue of $21.23 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 for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend 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 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.