CFO Capital Management LLC Makes New Investment in Procter & Gamble Company (The) $PG

Key Points

• CFO Capital Management LLC opened a new position in Procter & Gamble in the fourth quarter, buying 8,273 shares valued at about $1.19 million.
• Procter & Gamble reported better-than-expected earnings for the quarter, with EPS of $1.59 versus estimates of $1.56, though revenue of $21.23 billion came in slightly below forecasts.
• The company also raised its quarterly dividend to $1.0885 per share, and Wall Street currently has a Moderate Buy consensus with an average price target of $160.78.

CFO Capital Management LLC purchased a new position in Procter & Gamble Company (The) (NYSE:PG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,273 shares of the company's stock, valued at approximately $1,186,000.

A number of other hedge funds have also made changes to their positions in PG. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock valued at $25,000 after purchasing an additional 150 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $26,000. Park Square Financial Group LLC increased its position in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after buying an additional 71 shares in the last quarter. Evolution Wealth Management Inc. raised its stake in shares of Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock worth $26,000 after buying an additional 171 shares during the last quarter. Finally, Basso Capital Management L.P. acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $28,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Up 0.3%

NYSE:PG opened at $150.85 on Friday. The stock has a market cap of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The stock's 50-day moving average is $145.43 and its two-hundred day moving average is $147.80.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate 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 $21.23 billion during the quarter, compared to analysts' expectations of $21.52 billion. During the same period in the prior year, the business earned $1.54 earnings per share. Procter & Gamble'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. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a $1.0885 dividend. This is a boost from Procter & Gamble's previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, April 24th. Procter & Gamble's dividend payout ratio is currently 63.60%.

Wall Street Analyst Weigh In

A number of research firms recently commented on PG. Barclays decreased their price objective 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. BNP Paribas Exane dropped their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a research report on Thursday, April 23rd. Sanford C. Bernstein initiated coverage on Procter & Gamble in a report on Thursday, June 11th. They issued a "market perform" rating and a $156.00 target price on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Procter & Gamble in a research note on Friday, March 27th. Finally, Evercore set a $162.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $160.78.

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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