T. Rowe Price Investment Management Inc. Buys 3,126 Shares of Procter & Gamble Company (The) $PG

Key Points

• T. Rowe Price Investment Management Inc. increased its holdings in Procter & Gamble by 41.7% in the first quarter, bringing its total ownership to 10,620 shares valued at approximately $1.81 million.
• Procter & Gamble reported $1.48 earnings per share (EPS) for its latest quarter, exceeding analysts' expectations of $1.42, with a revenue of $20.89 billion, a 1.7% increase year-over-year.
• The company also declared a quarterly dividend of $1.0568 per share, resulting in a 2.7% dividend yield, with a payout ratio of roughly 65%.

T. Rowe Price Investment Management Inc. increased its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 41.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,620 shares of the company's stock after buying an additional 3,126 shares during the quarter. T. Rowe Price Investment Management Inc.'s holdings in Procter & Gamble were worth $1,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in PG. Navigoe LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. Capital A Wealth Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. 10Elms LLP acquired a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $34,000. Sunbeam Capital Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $34,000. Finally, Mizuho Securities Co. Ltd. increased its position in Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Up 0.6%

Shares of PG traded up $0.99 during trading hours on Wednesday, reaching $156.96. The stock had a trading volume of 4,548,118 shares, compared to its average volume of 7,181,753. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm has a 50-day simple moving average of $156.63 and a 200 day simple moving average of $162.72. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $367.67 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 4.12 and a beta of 0.37.

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, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. During the same period last year, the business earned $1.40 EPS. Procter & Gamble's quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is currently 64.98%.

Insider Buying and Selling

In related news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This trade represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jon R. Moeller sold 40,119 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares in the company, valued at approximately $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,181 shares of company stock worth $18,761,172 over the last quarter. Corporate insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PG shares. Erste Group Bank downgraded shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Evercore ISI reissued an "in-line" rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Piper Sandler increased their target price on shares of Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. Redburn Partners set a $161.00 target price on shares of Procter & Gamble in a research report on Thursday, May 1st. Finally, Redburn Atlantic downgraded shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 target price for the company. in a research report on Thursday, May 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $175.94.

About Procter & Gamble

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.