Procter & Gamble Company (The) $PG Stock Position Lifted by Apella Capital LLC

Key Points

• Apella Capital LLC increased its Procter & Gamble stake by 47.6% in the first quarter, bringing its holdings to 25,136 shares valued at about $3.69 million.
• Procter & Gamble reported fiscal-quarter EPS of $1.59, topping estimates, while revenue came in at $21.23 billion, slightly below expectations but still up 7.4% year over year.
• The company raised its quarterly dividend to $1.0885 per share, implying an annualized payout of $4.35 and a yield of 2.9%; Wall Street currently rates the stock a consensus Moderate Buy with a price target of $160.78.

Apella Capital LLC lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 47.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,136 shares of the company's stock after purchasing an additional 8,103 shares during the quarter. Apella Capital LLC's holdings in Procter & Gamble were worth $3,693,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares in the last quarter. State Street Corp boosted its stake in Procter & Gamble by 1.0% during the 4th quarter. State Street Corp now owns 101,618,926 shares of the company's stock valued at $14,563,008,000 after purchasing an additional 984,102 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Procter & Gamble by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company's stock valued at $8,962,689,000 after purchasing an additional 1,974,556 shares during the period. Norges Bank acquired a new position in shares of Procter & Gamble during the 4th quarter valued at $4,664,783,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Procter & Gamble by 3.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company's stock worth $4,243,815,000 after buying an additional 1,091,091 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $148.58 on Friday. 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 stock has a market capitalization of $345.99 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 6.61 and a beta of 0.39. The stock's fifty day simple moving average is $145.82 and its 200 day simple moving average is $147.93. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping 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 company had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the firm earned $1.54 earnings per share. Procter & Gamble's revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, April 24th. This is a boost from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's dividend payout ratio is presently 63.60%.

Wall Street Analyst Weigh In

PG has been the subject of several research reports. Rothschild & Co Redburn decreased their target price on Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating for the company in a research note on Monday, April 27th. Bank of America dropped their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a "buy" rating on the stock in a research report on Friday, April 10th. TD Cowen upped their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a "hold" rating in a report on Monday, April 27th. The Goldman Sachs Group reduced their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a research report on Wednesday, April 8th. Finally, Jefferies Financial Group dropped their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a "buy" rating on the stock in a report on Monday, April 20th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $160.78.

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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