Geode Capital Management LLC Boosts Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• Geode Capital Management increased its Procter & Gamble stake by 3.3% in the fourth quarter, adding nearly 2.0 million shares and bringing its total holding to 62.65 million shares worth about $9.0 billion.
• Procter & Gamble reported better-than-expected EPS of $1.59 last quarter, though revenue of $21.24 billion came in slightly below estimates; the company also reaffirmed FY2026 EPS guidance of $6.83 to $7.09.
• The company raised its quarterly dividend to $1.0885 per share, lifting the annualized payout to $4.35 and the dividend yield to about 3.0%, even as analysts remain mixed with an average Moderate Buy rating.

Geode Capital Management LLC grew its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,647,882 shares of the company's stock after purchasing an additional 1,974,556 shares during the quarter. Procter & Gamble makes up about 0.6% of Geode Capital Management LLC's portfolio, making the stock its 21st biggest holding. Geode Capital Management LLC owned 2.70% of Procter & Gamble worth $8,962,689,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in 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 worth $25,000 after acquiring an additional 150 shares in the last quarter. Park Square Financial Group LLC increased its holdings in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Maseco LLP purchased a new stake in Procter & Gamble in the 4th quarter worth $28,000. Saranac Partners Ltd purchased a new stake in Procter & Gamble in the 3rd quarter worth $30,000. Finally, Caitlin John LLC purchased a new stake in Procter & Gamble in the 3rd quarter worth $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Procter & Gamble announced that CFO Andre Schulten will present at Deutsche Bank’s Global Consumer Conference on June 3, giving investors a near-term event to watch for commentary on growth, pricing, and margins. P&G to Webcast Presentation From the Deutsche Bank dbAccess Global Consumer Conference, June 3
• Positive Sentiment: P&G is also being highlighted in articles about battered blue-chip dividend stocks, reinforcing its appeal as a defensive income name for investors seeking stability and yield. 5 Battered Blue-Chip Stocks That Pay Huge Dividends and Won’t Be Down Forever
• Neutral Sentiment: Analysts and market commentary continue to focus on whether P&G’s pricing strategy can sustain growth in 2026 and how its consumer staples business compares with peers, but these pieces are more interpretive than news-driven catalysts. Can Procter & Gamble's Pricing Strategy Sustain Growth in 2026?
• Neutral Sentiment: The company’s planned $205 million Georgia logistics investment is an operational expansion that could support distribution efficiency, but it is not a major immediate earnings catalyst. Procter & Gamble Expands Georgia Logistics Network With US$205m Facility Investment
• Negative Sentiment: Recent articles also note that PG has fallen over the past year, reflecting investor concern about slower growth and the challenge of sustaining premium pricing in a cautious consumer environment. Is It Time To Reassess Procter & Gamble (PG) After A 12% One Year Share Price Decline

Procter & Gamble Trading Up 3.2%

Shares of PG stock opened at $147.52 on Thursday. The company's 50-day moving average price is $144.58 and its 200-day moving average price is $147.92. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock has a market cap of $343.52 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 6.13 and a beta of 0.41. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $21.24 billion for the quarter, compared to analysts' expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company's revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's dividend payout ratio is presently 63.60%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PG shares. Erste Group Bank lowered shares of Procter & Gamble from a "buy" rating to a "hold" rating in a report on Tuesday, March 24th. Morgan Stanley dropped their target price 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. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a report on Thursday, April 23rd. The Goldman Sachs Group dropped their target price on shares of Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a report on Wednesday, April 8th. Finally, Wells Fargo & Company upped their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an "overweight" rating in a report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $161.06.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of the business's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer owned 1,029 shares of the company's stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.20% of the company's stock.

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.

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