Buck Wealth Strategies LLC lifted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 19.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,654 shares of the company's stock after purchasing an additional 12,961 shares during the period. Buck Wealth Strategies LLC's holdings in Procter & Gamble were worth $11,272,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of PG. Vanguard Group Inc. boosted its holdings in Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Procter & Gamble by 100.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company's stock valued at $782,607,000 after purchasing an additional 2,741,924 shares during the period. Amundi boosted its holdings in Procter & Gamble by 26.3% in the third quarter. Amundi now owns 10,682,455 shares of the company's stock valued at $1,606,748,000 after purchasing an additional 2,222,560 shares during the period. Franklin Resources Inc. boosted its holdings in Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company's stock valued at $3,510,955,000 after purchasing an additional 1,752,481 shares during the period. Finally, Danske Bank A S purchased a new position in Procter & Gamble in the third quarter valued at $252,853,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
Analysts Set New Price Targets
A number of research firms recently issued reports on PG. Jefferies Financial Group decreased their target price on Procter & Gamble from $179.00 to $175.00 and set a "buy" rating for the company in a report on Monday, April 20th. Dbs Bank upgraded Procter & Gamble from a "hold" rating to a "buy" rating in a research note on Friday, January 23rd. Barclays cut their price target on Procter & Gamble from $155.00 to $146.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 14th. The Goldman Sachs Group cut their price target on Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 8th. Finally, TD Cowen raised their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a "hold" rating in a research note on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and an average target price of $161.06.
View Our Latest Stock Report on Procter & Gamble
Procter & Gamble Price Performance
Shares of PG opened at $146.44 on Friday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The stock's 50 day moving average is $148.41 and its two-hundred day moving average is $148.55. The firm has a market capitalization of $341.00 billion, a PE ratio of 21.41, a P/E/G ratio of 6.26 and a beta of 0.41. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.
Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the company earned $1.54 EPS. The firm's revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.
Procter & Gamble Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. This is a boost from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's dividend payout ratio is presently 63.60%.
Insider Buying and Selling
In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the sale, the insider owned 44,735 shares of the company's stock, valued at $7,259,595.80. The trade was a 25.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the sale, the chief executive officer directly owned 1,029 shares in the company, valued at $170,083.41. This trade represents a 84.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 244,715 shares of company stock worth $39,702,904 in the last three months. Company insiders own 0.20% of the company's stock.
Procter & Gamble Company Profile
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Free Report)
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.
See Also
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).

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