Kestra Advisory Services LLC Grows Position in Procter & Gamble Company (The) $PG

Kestra Advisory Services LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 34.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 604,511 shares of the company’s stock after purchasing an additional 154,651 shares during the quarter. Kestra Advisory Services LLC’s holdings in Procter & Gamble were worth $87,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gradient Investments LLC increased its holdings in shares of Procter & Gamble by 12.8% during the fourth 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 in the last quarter. Cibc World Market Inc. boosted its stake in Procter & Gamble by 40.6% in the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after purchasing an additional 147,701 shares in the last quarter. World Investment Advisors grew its position in Procter & Gamble by 15.9% during the 4th 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. Distillate Capital Partners LLC grew its position in Procter & Gamble by 12.9% during the 3rd quarter. Distillate Capital Partners LLC now owns 255,447 shares of the company’s stock valued at $39,255,000 after purchasing an additional 29,254 shares during the last quarter. Finally, Resources Management Corp CT ADV increased its stake in Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock valued at $11,681,000 after purchasing an additional 24,010 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on PG. Erste Group Bank cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. TD Cowen raised their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. The Goldman Sachs Group decreased their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Raymond James Financial lowered their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Finally, Piper Sandler increased their target price on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Twelve investment 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, the company has an average rating of “Moderate Buy” and a consensus price target of $161.47.

View Our Latest Analysis on Procter & Gamble

Procter & Gamble Trading Down 1.1%

NYSE:PG opened at $146.74 on Friday. The company has a market cap of $341.70 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 6.31 and a beta of 0.39. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a 50 day simple moving average of $146.57 and a two-hundred day simple moving average of $148.38. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25.

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 the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the prior year, the firm earned $1.54 EPS. The company’s revenue 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. Research analysts forecast that Procter & Gamble Company will post 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a $1.0885 dividend. 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. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s payout ratio is 63.60%.

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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.

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

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