12,605 Shares in Procter & Gamble Company (The) $PG Bought by Meadowbrook Advisors Group LLC

Key Points

• Meadowbrook Advisors Group LLC bought a new stake in Procter & Gamble, acquiring 12,605 shares valued at about $1.81 million in the fourth quarter.
• Procter & Gamble reported better-than-expected quarterly EPS of $1.59, while revenue came in at $21.23 billion, up 7.4% year over year.
• The company also raised its quarterly dividend to $1.0885 per share, implying an annualized yield of about 2.9%.

Meadowbrook Advisors Group LLC bought a new stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,605 shares of the company's stock, valued at approximately $1,806,000.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Procter & Gamble during the 4th quarter worth $4,664,783,000. Cardano Risk Management B.V. increased its holdings in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company's stock valued at $1,364,518,000 after purchasing an additional 8,731,126 shares in the last quarter. Auto Owners Insurance Co lifted its stake in shares of Procter & Gamble by 14,231.0% in the fourth quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company's stock valued at $508,700,000 after purchasing an additional 3,524,876 shares during the period. Vanguard Group Inc. boosted its holdings in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock worth $34,030,358,000 after buying an additional 2,829,151 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Procter & Gamble by 100.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company's stock worth $782,607,000 after buying an additional 2,741,924 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

NYSE:PG opened at $150.85 on Friday. 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 firm has a 50-day moving average price of $145.43 and a two-hundred day moving average price of $147.80. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a market capitalization of $351.26 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion for the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. 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 an increase from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's dividend payout ratio is currently 63.60%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PG. Piper Sandler increased their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a "neutral" rating in a report on Friday, April 24th. Evercore set a $162.00 price target on Procter & Gamble in a research note on Monday, April 27th. Royal Bank Of Canada lowered their price target on Procter & Gamble from $172.00 to $167.00 and set an "outperform" rating on the stock in a report on Thursday, April 9th. Wells Fargo & Company raised their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an "overweight" rating in a research note on Monday, April 27th. Finally, Rothschild & Co Redburn reduced their price objective on Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating for the company in a report on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $160.78.

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.

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