Alyeska Investment Group L.P. Purchases 159,489 Shares of Procter & Gamble Company (The) $PG

Key Points

• Alyeska Investment Group increased its Procter & Gamble stake by 32.2% in the second quarter, acquiring 159,489 additional shares and bringing its holdings to 655,385 shares valued at approximately $96.1 million. Institutional investors collectively own 65.77% of PG.
• Procter & Gamble reported quarterly EPS of $1.43, beating estimates by $0.02, while revenue rose 1.5% year over year to $21.2 billion. The company also maintains a quarterly dividend of $1.0885 per share, equivalent to a roughly 3.0% annual yield.
• Analysts maintain a generally positive but cautious outlook, with PG receiving a consensus rating of “Moderate Buy” and an average price target of $161.19 versus its recent price near $145.86.

Alyeska Investment Group L.P. grew its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 32.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 655,385 shares of the company's stock after acquiring an additional 159,489 shares during the period. Alyeska Investment Group L.P.'s holdings in Procter & Gamble were worth $96,106,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. E Fund Management Hong Kong Co. Ltd. boosted its stake in Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock worth $25,000 after acquiring an additional 150 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Procter & Gamble in the second quarter worth about $26,000. Litman Gregory Wealth Management LLC bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $26,000. Park Square Financial Group LLC lifted its holdings in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Finally, Evolution Wealth Management Inc. lifted its holdings in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock valued at $26,000 after purchasing an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $145.86 on Wednesday. The firm's 50-day moving average price is $146.96 and its 200-day moving average price is $148.02. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The company has a market cap of $338.78 billion, a PE ratio of 22.03, a PEG ratio of 4.47 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. The firm had revenue of $21.20 billion during the quarter, compared to analysts' expectations of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble's dividend payout ratio is presently 65.71%.

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Tariff recovery improves cash flow: P&G recovered approximately $100 million in tariffs it had previously paid after those charges were ruled illegal. The reimbursement should provide a modest financial benefit and removes some cost pressure. P&G has gotten back $100M in Trump tariffs it paid
• Positive Sentiment: Dividend appeal remains strong: Recent commentary highlights PG’s roughly 3% yield, long record of annual dividend increases and potential for compounding income over time. The stock continues to be viewed as a defensive holding for retirees and long-term dividend investors. Why P&G’s 3% Yield Could Matter More to Long-Term Dividend Investors
• Positive Sentiment: Defensive positioning: Analysts and investing publications continue to recommend P&G as a dependable consumer-staples dividend stock, citing its brand portfolio, productivity efforts, innovation and robust cash returns. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PG. Citigroup reduced their price objective on Procter & Gamble from $181.00 to $170.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. HSBC reissued a "hold" rating and issued a $149.00 target price (down from $182.00) on shares of Procter & Gamble in a report on Thursday, July 30th. Argus downgraded Procter & Gamble from a "buy" rating to a "hold" rating in a report on Friday, August 7th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $149.00 price target on shares of Procter & Gamble in a research report on Monday, August 24th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Procter & Gamble in a research note on Wednesday, August 19th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has an average rating of "Moderate Buy" and a consensus target price of $161.19.

Insider Activity

In other news, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the transaction, the chief accounting officer owned 1,271 shares in the company, valued at $184,600.04. This represents a 22.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Marc S. Pritchard sold 4,030 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the completion of the transaction, the insider directly owned 187,001 shares in the company, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 6,627 shares of company stock valued at $953,417 in the last quarter. 0.20% of the stock is currently owned by insiders.

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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