APG Asset Management N.V. Has $330.76 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• APG Asset Management N.V. increased its stake in Procter & Gamble by 4.5%, owning approximately $330.76 million worth of shares, making it the 18th largest position in their portfolio.
• Procter & Gamble's recent quarterly earnings report showed $1.48 earnings per share, surpassing estimates by $0.06 and marking a year-over-year revenue increase of 1.7% to $20.89 billion.
• The company declared a quarterly dividend of $1.0568 per share, representing an annualized yield of 2.7% with a dividend payout ratio of 64.98%.

APG Asset Management N.V. grew its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,096,496 shares of the company's stock after purchasing an additional 90,198 shares during the quarter. Procter & Gamble comprises approximately 1.0% of APG Asset Management N.V.'s investment portfolio, making the stock its 18th biggest position. APG Asset Management N.V. owned about 0.09% of Procter & Gamble worth $330,758,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after buying an additional 13,617 shares during the period. Bank Pictet & Cie Europe AG boosted its stake in shares of Procter & Gamble by 493.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock valued at $57,294,000 after buying an additional 284,174 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in shares of Procter & Gamble by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 7,494 shares of the company's stock valued at $1,257,000 after buying an additional 248 shares during the period. Topsail Wealth Management LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $2,219,000. Finally, Rothschild Capital Partners LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $514,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $158.5140 on Friday. The business has a 50-day moving average price of $156.79 and a two-hundred day moving average price of $162.97. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The company has a market cap of $371.30 billion, a P/E ratio of 24.35, a PEG ratio of 4.19 and a beta of 0.37.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the company posted $1.40 EPS. The business's quarterly revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.7%. Procter & Gamble's dividend payout ratio (DPR) is presently 64.98%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares of the company's stock, valued at $50,228,106.25. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the sale, the insider owned 182,422 shares of the company's stock, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 119,181 shares of company stock worth $18,761,172 in the last 90 days. Company insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

PG has been the subject of several recent research reports. Redburn Atlantic cut Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target for the company. in a research note on Thursday, May 1st. Piper Sandler upped their target price on Procter & Gamble from $160.00 to $164.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Bank of America cut their target price on Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Raymond James Financial dropped their price target on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $175.94.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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