Procter & Gamble Company (The) $PG Stock Holdings Trimmed by Private Advisor Group LLC

Key Points

• Private Advisor Group LLC trimmed its Procter & Gamble stake by 2.6% in the first quarter, selling 9,724 shares and leaving it with 365,034 shares valued at about $52.7 million.
• Wall Street remains broadly positive on PG, with 12 analysts rating it a Buy and 10 a Hold; the consensus view is a “Moderate Buy” with an average price target of $161.47.
• Procter & Gamble beat earnings expectations and raised its dividend, reporting $1.59 EPS versus $1.56 expected, increasing its quarterly payout to $1.0885, and offering a 2.9% annualized yield.

Private Advisor Group LLC lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 2.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 365,034 shares of the company's stock after selling 9,724 shares during the quarter. Private Advisor Group LLC's holdings in Procter & Gamble were worth $52,725,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Optas LLC increased its holdings in shares of Procter & Gamble by 6.1% in the 1st quarter. Optas LLC now owns 8,049 shares of the company's stock valued at $1,163,000 after acquiring an additional 463 shares during the last quarter. DeDora Capital Inc. raised its position in shares of Procter & Gamble by 4.3% during the 1st quarter. DeDora Capital Inc. now owns 12,791 shares of the company's stock valued at $1,848,000 after acquiring an additional 522 shares in the last quarter. Leonteq Securities AG lifted its stake in Procter & Gamble by 103.8% during the first quarter. Leonteq Securities AG now owns 6,538 shares of the company's stock worth $944,000 after purchasing an additional 3,330 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Procter & Gamble by 60.9% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 1,184,928 shares of the company's stock worth $171,151,000 after purchasing an additional 448,550 shares during the period. Finally, New World Advisors LLC boosted its holdings in Procter & Gamble by 18.2% in the first quarter. New World Advisors LLC now owns 2,747 shares of the company's stock worth $397,000 after purchasing an additional 423 shares during the period. Institutional investors own 65.77% of the company's stock.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Bank of America lowered their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a "buy" rating for the company in a research report on Friday, April 10th. Raymond James Financial cut their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an "outperform" rating on the stock in a report on Tuesday, April 14th. UBS Group lifted their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a research note on Monday, April 27th. Finally, Barclays lowered their target price on Procter & Gamble from $155.00 to $146.00 and set an "equal weight" rating for the company in a report on Tuesday, April 14th. Twelve equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $161.47.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Procter & Gamble is being highlighted as potentially undervalued after its 70th dividend increase, with some commentary suggesting the stock may still have upside despite its premium valuation. Procter & Gamble (PG) Stock May Be 21% Undervalued Following Its 70th Dividend Increase
• Positive Sentiment: The company continues to draw attention as a long-term dividend-growth stock, which can appeal to income-focused investors and support demand for the shares. Here’s How Much You Need to Replace $70,000 in Salary With Dividend Income
• Neutral Sentiment: Procter & Gamble scheduled an earnings webcast discussion, keeping investor attention on upcoming guidance and any updates on demand, margins, and pricing power. Procter & Gamble NYSE: PG Schedules Earnings Webcast Discussion
• Neutral Sentiment: Articles on the stock’s “quality” and long dividend history suggest the market still views PG as a stable, reliable holding, but also note that the valuation leaves limited room for error. Procter & Gamble: Quality Priced In, Patience Now Required
• Neutral Sentiment: Another analysis emphasized Procter & Gamble’s 70 years of dividend growth, but cautioned that there may be little room for operational missteps at current levels. Procter & Gamble: 70 Years Of Dividend Growth, But Little Room For Error
• Negative Sentiment: Piper Sandler reportedly rated Procter & Gamble a Hold, reflecting a more cautious view on near-term upside after the stock’s recent run. Procter & Gamble (PG) Receives a Hold from Piper Sandler

Procter & Gamble Trading Up 2.6%

Procter & Gamble stock opened at $151.30 on Friday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. 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 capitalization of $352.32 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 6.27 and a beta of 0.39. The firm has a 50-day moving average price of $146.28 and a two-hundred day moving average price of $148.23.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. Procter & Gamble's revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $1.0885 dividend. The ex-dividend date was Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. This is an increase from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's payout ratio is 63.60%.

Procter & Gamble Company Profile

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.