Asset One Wealth Management LLC Buys Shares of 20,208 Procter & Gamble Company (The) $PG

Key Points

• Asset One Wealth Management initiated a new position in Procter & Gamble during the fourth quarter, buying 20,208 shares valued at about $3.1 million.
• Institutional interest in PG remains strong, with several other hedge funds adding to or taking new positions; overall, 65.77% of the stock is held by hedge funds and other institutional investors.
• Procter & Gamble recently reported better-than-expected EPS of $1.59 and raised its quarterly dividend to $1.0885 per share, while analysts still view the stock as a Moderate Buy with an average price target of $160.78.

Asset One Wealth Management LLC bought a new stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,208 shares of the company's stock, valued at approximately $3,096,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Aureus Asset Management LLC increased its stake in shares of Procter & Gamble by 6.5% during the 4th quarter. Aureus Asset Management LLC now owns 12,789 shares of the company's stock valued at $1,833,000 after acquiring an additional 775 shares during the last quarter. Basso Capital Management L.P. acquired a new position in shares of Procter & Gamble during the 4th quarter valued at about $28,000. Boothbay Fund Management LLC increased its stake in shares of Procter & Gamble by 1,674.5% during the 4th quarter. Boothbay Fund Management LLC now owns 66,013 shares of the company's stock valued at $9,460,000 after acquiring an additional 62,293 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in shares of Procter & Gamble by 14.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 170,288 shares of the company's stock valued at $24,404,000 after acquiring an additional 21,706 shares during the last quarter. Finally, Brooks Moore & Associates Inc. increased its stake in shares of Procter & Gamble by 2.0% during the 4th quarter. Brooks Moore & Associates Inc. now owns 15,128 shares of the company's stock valued at $2,168,000 after acquiring an additional 297 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. UBS Group upped their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a research note on Monday, April 27th. TD Cowen upped their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a "hold" rating in a research note on Monday, April 27th. Royal Bank Of Canada dropped their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an "outperform" rating for the company in a research note on Thursday, April 9th. The Goldman Sachs Group dropped their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a research note on Wednesday, April 8th. Finally, BNP Paribas Exane dropped their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a research note on Thursday, April 23rd. Eleven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $160.78.

Procter & Gamble Stock Down 1.4%

Shares of NYSE:PG opened at $150.39 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The company has a 50 day moving average of $145.12 and a two-hundred day moving average of $147.76. The company has a market capitalization of $350.20 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 6.63 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data 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. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter last year, the company earned $1.54 earnings per share. Procter & Gamble's revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a dividend of $1.0885 per share. This is an increase from Procter & Gamble's previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble's dividend payout ratio (DPR) is currently 63.60%.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: PG’s Herbal Essences brand is launching a limited-edition Papaya + Citrus Strength collection with Love Island’s Amaya, a move aimed at younger consumers and designed to support brand relevance and sales momentum. Procter & Gamble (PG) Launches Herbal Essences Papaya And Citrus Line With Amaya
• Positive Sentiment: Procter & Gamble is expanding retail-media and co-marketing efforts through Albertsons, including an industry-first scripted branded entertainment model, which could strengthen consumer engagement and product visibility. Albertsons Media Collective Unveils Industry-First Branded Entertainment Model, Co-Developed with Procter & Gamble
• Positive Sentiment: PG has recently been trading higher relative to the market, reflecting investor interest in its defensive profile and stable earnings power. Procter & Gamble (PG) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: Coverage highlighting PG as a classic dividend and defensive stock reinforces its appeal to income-focused investors, but does not signal a new catalyst for the shares. 3 Dividend Stocks That Pay You More Every Single Year
• Negative Sentiment: One commentary argued that the stock may be a crowded defensive trade and suggested other cash-flow names may offer better upside, which could weigh on sentiment at the margin. Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.