BTC Capital Management Inc. Raises Stock Position in Procter & Gamble Company (The) $PG

Key Points

• BTC Capital Management increased its Procter & Gamble stake by 11.7% in the second quarter, acquiring 12,108 additional shares for a total of 115,947 shares valued at approximately $17 million. Institutional investors collectively own 65.77% of PG.
• Procter & Gamble reported quarterly EPS of $1.43, exceeding estimates of $1.41, while revenue rose 1.5% year over year to $21.20 billion but fell short of expectations. The company declared a quarterly dividend of $1.0885 per share, representing a 3.0% annualized yield.
• Analyst sentiment remains favorable but mixed, with 13 buy ratings and 11 holds. MarketBeat reports a “Moderate Buy” consensus rating and an average price target of $161.52, compared with the stock’s recent price of $144.79.

BTC Capital Management Inc. increased its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 11.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,947 shares of the company's stock after acquiring an additional 12,108 shares during the period. Procter & Gamble makes up approximately 1.0% of BTC Capital Management Inc.'s investment portfolio, making the stock its 20th biggest position. BTC Capital Management Inc.'s holdings in Procter & Gamble were worth $17,002,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cibc World Market Inc. boosted its stake in shares of Procter & Gamble by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company's stock worth $73,351,000 after purchasing an additional 147,701 shares during the period. World Investment Advisors lifted its stake in Procter & Gamble by 15.9% in the fourth quarter. World Investment Advisors now owns 105,915 shares of the company's stock worth $15,179,000 after purchasing an additional 14,492 shares during the last quarter. Resources Management Corp CT ADV boosted its position in shares of Procter & Gamble by 41.8% during the fourth quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company's stock valued at $11,681,000 after buying an additional 24,010 shares during the period. Indivisible Partners purchased a new stake in shares of Procter & Gamble in the fourth quarter worth approximately $2,120,000. Finally, Rokos Capital Management LLP bought a new position in Procter & Gamble in the 1st quarter valued at $29,914,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 0.2%

Shares of PG stock opened at $144.79 on Monday. 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 Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm has a market capitalization of $336.55 billion, a PE ratio of 21.87, a P/E/G ratio of 4.45 and a beta of 0.39. The stock's 50-day simple moving average is $148.17 and its 200-day simple moving average is $148.89.

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

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid 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 (DPR) is presently 65.71%.

Procter & Gamble News Roundup

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 equities research analysts recently weighed in on PG shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. HSBC restated a "hold" rating and set a $149.00 price target (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Morgan Stanley reduced their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an "overweight" rating for the company in a report on Wednesday, April 22nd. BMO Capital Markets upped their target price on Procter & Gamble from $169.00 to $170.00 and gave the stock an "outperform" rating in a report on Monday, June 29th. Finally, Argus downgraded Procter & Gamble from a "buy" rating to a "hold" rating in a research report on Friday, August 7th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $161.52.

About Procter & Gamble

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source