Union Bancaire Privee UBP SA boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 30.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,055 shares of the company’s stock after buying an additional 26,439 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Procter & Gamble were worth $16,578,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Ipswich Investment Management Co. Inc. raised its stake in shares of Procter & Gamble by 7.2% during the 2nd quarter. Ipswich Investment Management Co. Inc. now owns 38,878 shares of the company’s stock worth $5,701,000 after acquiring an additional 2,626 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its stake in Procter & Gamble by 1.0% in the second quarter. Jamison Private Wealth Management Inc. now owns 51,635 shares of the company’s stock valued at $7,572,000 after acquiring an additional 498 shares in the last quarter. City National Bank of Florida MSD grew its holdings in Procter & Gamble by 11.7% in the second quarter. City National Bank of Florida MSD now owns 5,267 shares of the company’s stock worth $772,000 after purchasing an additional 551 shares during the last quarter. Lighthouse Financial Services Inc. ADV increased its position in shares of Procter & Gamble by 1.3% during the second quarter. Lighthouse Financial Services Inc. ADV now owns 20,233 shares of the company’s stock worth $2,983,000 after purchasing an additional 252 shares in the last quarter. Finally, Bell Bank lifted its holdings in shares of Procter & Gamble by 149.4% during the 2nd quarter. Bell Bank now owns 72,718 shares of the company’s stock valued at $10,663,000 after purchasing an additional 43,565 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Procter & Gamble Price Performance
Shares of PG opened at $144.79 on Monday. The business’s 50-day moving average is $148.17 and its two-hundred day moving average is $148.89. The company has a market capitalization of $336.55 billion, a P/E ratio of 21.87, a P/E/G ratio of 4.45 and a beta of 0.39. 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 0.43, a quick ratio of 0.47 and a current ratio of 0.68.
Procter & Gamble Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be issued a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Calmer inflation is improving the outlook for consumer-staples companies by potentially easing pressure on household budgets and input costs. Procter & Gamble’s broad portfolio of essential brands is being viewed as relatively resilient. Why Is Procter & Gamble in Focus as Calmer Inflation Steadies Consumer Staples?
- Positive Sentiment: PG continues to attract income-oriented investors as a Dividend King, supported by more than six decades of dividend increases. Articles highlighting the dependability of its payout may provide a valuation and demand tailwind. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock
- Positive Sentiment: Zacks Research raised several individual forecasts, including Q3 fiscal 2027 EPS to $1.66 from $1.64 and Q4 fiscal 2027 EPS to $1.55 from $1.54. It also projects fiscal 2029 EPS of $7.85, above the current-year consensus of approximately $6.99. Procter & Gamble analyst estimates
- Neutral Sentiment: Coverage continues to frame Procter & Gamble as a steady blue-chip holding while investors await inflation data. That supports defensive positioning but does not represent a new fundamental catalyst. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
- Negative Sentiment: Zacks reduced multiple estimates, including fiscal 2027 EPS to $6.97 from $7.05 and fiscal 2028 EPS to $7.42 from $7.47. Fiscal Q1 2027 EPS was cut to $1.89 from $1.96, signaling modest pressure on near-term growth expectations. Procter & Gamble earnings estimates
- Negative Sentiment: Higher gasoline prices could constrain consumer discretionary spending and increase pressure on value-conscious shoppers, even though PG sells everyday necessities. Erste Group Bank also issued a bearish fiscal 2027 earnings outlook. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?
Wall Street Analyst Weigh In
A number of analysts recently commented on PG shares. Rothschild & Co Redburn lowered their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Bank of America decreased their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Jefferies Financial Group raised their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, TD Cowen lifted their price target on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus target price of $161.52.
View Our Latest Research Report on Procter & Gamble
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.
Read More
- Five stocks we like better than Procter & Gamble
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
