Epoch Investment Partners Inc. Has $24.87 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• Epoch Investment Partners Inc. has reduced its stake in Procter & Gamble by 1.4%, holding 145,925 shares valued at approximately $24.87 million as of its most recent SEC filing.
• Procter & Gamble has seen various hedge funds adjusting their holdings, with significant increases from firms like Bernard Wealth Management Corp. and Unique Wealth LLC.
• The company recently reported earnings of $1.48 per share, surpassing analysts' expectations, as well as declaring a quarterly dividend of $1.0568 per share, yielding around 2.7% annually.

Epoch Investment Partners Inc. decreased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 145,925 shares of the company's stock after selling 2,110 shares during the quarter. Epoch Investment Partners Inc.'s holdings in Procter & Gamble were worth $24,869,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Navigoe LLC acquired a new stake in Procter & Gamble during the fourth quarter valued at approximately $31,000. Capital A Wealth Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $31,000. 10Elms LLP acquired a new stake in Procter & Gamble in the 4th quarter valued at $34,000. Sunbeam Capital Management LLC bought a new stake in Procter & Gamble in the fourth quarter valued at $34,000. Finally, Mizuho Securities Co. Ltd. raised its stake in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock worth $34,000 after acquiring an additional 170 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PG. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an "equal weight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Redburn Atlantic downgraded Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 target price on the stock. in a report on Thursday, May 1st. Finally, Wells Fargo & Company decreased their price target on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $175.12.

Insider Buying and Selling

In related news, CEO Ma. Fatima Francisco sold 9,100 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 $1,431,157.00. Following the transaction, the chief executive officer owned 27,295 shares of the company's stock, valued at $4,292,684.65. This trade represents a 25.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares of the company's stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 over the last quarter. Insiders own 0.18% of the company's stock.

Procter & Gamble Trading Up 1.0%

Shares of PG traded up $1.48 during trading hours on Friday, hitting $157.13. 5,317,408 shares of the stock traded hands, compared to its average volume of 6,701,783. The business has a fifty day moving average of $156.55 and a 200-day moving average of $162.55. The firm has a market capitalization of $368.07 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 4.11 and a beta of 0.37. 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.

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

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble's payout ratio is presently 64.98%.

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.