Independent Financial Group LLC Grows Position in Procter & Gamble Company (The) $PG

Key Points

• Independent Financial Group increased its Procter & Gamble stake by 74.2% in the second quarter, bringing its holdings to 35,296 shares valued at approximately $5.18 million. Institutional investors collectively own 65.77% of PG.
• Analyst sentiment remains favorable, with 13 Buy ratings and 11 Holds producing a “Moderate Buy” consensus and an average price target of $161.52, despite Argus downgrading the stock to Hold.
• Procter & Gamble beat quarterly EPS expectations by reporting $1.43 versus $1.41, while revenue rose 1.5% year over year to $21.20 billion. The company also maintains a quarterly dividend of $1.0885, equivalent to a 3.0% annual yield.

Independent Financial Group LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 74.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,296 shares of the company's stock after purchasing an additional 15,037 shares during the period. Independent Financial Group LLC's holdings in Procter & Gamble were worth $5,176,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Security National Bank boosted its holdings in shares of Procter & Gamble by 3.5% in the 2nd quarter. Security National Bank now owns 13,139 shares of the company's stock valued at $1,927,000 after purchasing an additional 444 shares during the last quarter. Spreng Capital Management Inc. purchased a new position in shares of Procter & Gamble in the 2nd quarter worth $214,000. Matrix Asset Advisors Inc. NY raised its position in shares of Procter & Gamble by 187.8% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 146,510 shares of the company's stock worth $21,484,000 after buying an additional 95,599 shares during the period. First Merchants Corp boosted its holdings in Procter & Gamble by 0.7% in the second quarter. First Merchants Corp now owns 74,084 shares of the company's stock valued at $10,864,000 after acquiring an additional 500 shares during the last quarter. Finally, Park National Corp OH grew its position in Procter & Gamble by 0.4% during the second quarter. Park National Corp OH now owns 289,695 shares of the company's stock valued at $42,481,000 after acquiring an additional 1,294 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

PG has been the subject of several research analyst reports. UBS Group upped their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a "buy" rating in a research note on Monday, April 27th. Jefferies Financial Group boosted their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a "buy" rating in a report on Friday, June 26th. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an "overweight" rating in a research report on Monday, April 27th. Argus lowered shares of Procter & Gamble from a "buy" rating to a "hold" rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $163.00 price target on shares of Procter & Gamble in a research report on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $161.52.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $144.79 on Friday. The company has a market cap of $336.55 billion, a P/E ratio of 21.87, a PEG ratio of 4.45 and a beta of 0.39. 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 one year low of $137.62 and a one year high of $167.25. The business'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 released its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period in the previous year, the company posted $1.48 EPS. Procter & Gamble's revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid a $1.0885 dividend. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble's dividend payout ratio is 65.71%.

Key Stories Impacting Procter & Gamble

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?

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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