Midwest Trust Co Purchases 33,608 Shares of Procter & Gamble Company (The) $PG

Key Points

• Midwest Trust Co increased its Procter & Gamble stake by 7.5% in the first quarter, buying 33,608 additional shares to bring its total holding to 480,292 shares worth about $69.4 million.
• Wall Street sentiment remains constructive, with Procter & Gamble holding a consensus “Moderate Buy” rating and an average price target of $161.42 despite some analysts trimming targets slightly.
• The company beat earnings expectations in its latest quarter and also raised its dividend to $1.0885 per share, underscoring its steady cash generation and income appeal.

Midwest Trust Co raised its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 7.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 480,292 shares of the company's stock after buying an additional 33,608 shares during the quarter. Midwest Trust Co's holdings in Procter & Gamble were worth $69,373,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in Procter & Gamble during the fourth quarter valued at $4,664,783,000. Cardano Risk Management B.V. grew its stake in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company's stock worth $1,364,518,000 after buying an additional 8,731,126 shares in the last quarter. Auto Owners Insurance Co increased its holdings in shares of Procter & Gamble by 14,231.0% in the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company's stock worth $508,700,000 after buying an additional 3,524,876 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock valued at $34,030,358,000 after buying an additional 2,829,151 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Procter & Gamble by 100.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company's stock valued at $782,607,000 after buying an additional 2,741,924 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on PG shares. Raymond James Financial dropped their price target on Procter & Gamble from $175.00 to $170.00 and set an "outperform" rating for the company in a research report on Tuesday, April 14th. The Goldman Sachs Group lowered their price objective on Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a research note on Wednesday, April 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Evercore set a $162.00 target price on Procter & Gamble in a research report on Monday, April 27th. Finally, Morgan Stanley lowered their price target on Procter & Gamble from $175.00 to $166.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd. Twelve analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average target price of $161.42.

Procter & Gamble Trading Up 0.2%

Procter & Gamble stock traded up $0.30 during midday trading on Friday, reaching $147.15. The stock had a trading volume of 12,472,118 shares, compared to its average volume of 8,997,727. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm has a market cap of $342.65 billion, a price-to-earnings ratio of 21.51, a price-to-earnings-growth ratio of 6.25 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The company has a fifty day moving average of $146.58 and a 200 day moving average of $148.37.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Friday, April 24th. The company reported $1.59 EPS 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 firm had revenue of $21.23 billion for the quarter, compared to analysts' expectations of $21.52 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The company's quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts anticipate that Procter & Gamble Company will post 6.89 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a $1.0885 dividend. This is a boost from Procter & Gamble's previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble's dividend payout ratio is currently 63.60%.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: RBC Capital reportedly initiated/maintained a Buy rating on Procter & Gamble, reinforcing confidence in the company’s defensive earnings profile and dividend stability.
• Positive Sentiment: Bank of America kept a Buy rating on PG while lowering its price target to $166 from $170, still implying meaningful upside from current levels.
• Positive Sentiment: Recent commentary highlighted PG as a Dividend King with a long history of dividend growth, plus product launches such as Braun NEVO and Cascade Clean and Dry Booster Rinse Aid that could support brand momentum.
• Neutral Sentiment: Several market recap pieces noted that PG had recently underperformed the broader market in prior sessions, reflecting some near-term pressure rather than a company-specific shock.
• Neutral Sentiment: Other articles focused broadly on dividend investing strategies and retirement income ideas, using PG as an example of a reliable income stock rather than citing a new business catalyst.
• Negative Sentiment: One article framed PG as facing a “fresh market test,” suggesting investors are still assessing whether its valuation and growth outlook justify renewed buying.

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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