Milestone Asset Management LLC Acquires New Stake in Procter & Gamble Company (The) $PG

Key Points

• Milestone Asset Management acquired 9,156 Procter & Gamble shares worth approximately $1.34 million in the second quarter. Institutional investors collectively own 65.77% of PG.
• Procter & Gamble reported quarterly EPS of $1.43, beating estimates by $0.02, while revenue rose 1.5% year over year to $21.20 billion but fell short of expectations. The company maintained fiscal 2027 EPS guidance of $6.89–$7.11.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $161.52, despite several target-price cuts and one downgrade to “Hold.” PG also announced a quarterly dividend of $1.0885 per share, representing an annualized yield of about 3.0%.

Milestone Asset Management LLC acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,156 shares of the company's stock, valued at approximately $1,343,000.

Other hedge funds also recently made changes to their positions in the company. Tectonic Advisors LLC boosted its holdings in shares of Procter & Gamble by 10.7% in the second quarter. Tectonic Advisors LLC now owns 71,369 shares of the company's stock valued at $10,466,000 after acquiring an additional 6,905 shares in the last quarter. Prentice Wealth Management LLC raised its holdings in Procter & Gamble by 2.4% during the second quarter. Prentice Wealth Management LLC now owns 5,570 shares of the company's stock worth $817,000 after purchasing an additional 133 shares in the last quarter. Brookstone Capital Management lifted its position in Procter & Gamble by 4.9% in the second quarter. Brookstone Capital Management now owns 61,638 shares of the company's stock valued at $9,039,000 after purchasing an additional 2,867 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Procter & Gamble by 12.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,411,990 shares of the company's stock valued at $191,586,000 after purchasing an additional 156,286 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Procter & Gamble by 2.7% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 66,563 shares of the company's stock valued at $9,761,000 after purchasing an additional 1,763 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble News Roundup

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?

Analyst Ratings Changes

A number of equities research analysts have commented on PG shares. JPMorgan Chase & Co. reduced their target price on Procter & Gamble from $164.00 to $162.00 and set an "overweight" rating for the company in a report on Thursday, July 16th. Rothschild & Co Redburn lowered their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating on the stock in a research note on Monday, April 27th. BNP Paribas Exane cut their price target 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. Argus downgraded shares of Procter & Gamble from a "buy" rating to a "hold" rating in a report on Friday, August 7th. Finally, Morgan Stanley lowered their target price on shares of Procter & Gamble from $175.00 to $166.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 22nd. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $161.52.

Procter & Gamble Stock Up 0.4%

PG opened at $144.79 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The company has a market cap of $336.55 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 4.45 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The business's fifty day moving average is $148.17 and its two-hundred day moving average is $148.89.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business had revenue of $21.20 billion during the quarter, compared to analysts' expectations of $21.38 billion. During the same quarter last year, the business posted $1.48 earnings per share. The business'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. Analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

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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