State of Michigan Retirement System Reduces Position in Procter & Gamble Company (The) $PG

State of Michigan Retirement System decreased its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 629,637 shares of the company's stock after selling 27,500 shares during the period. State of Michigan Retirement System's holdings in Procter & Gamble were worth $90,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Concord Asset Management LLC VA boosted its position in Procter & Gamble by 4.9% during the 4th quarter. Concord Asset Management LLC VA now owns 18,312 shares of the company's stock valued at $2,624,000 after buying an additional 860 shares during the period. Concord Wealth Partners grew its holdings in Procter & Gamble by 2.8% in the 4th quarter. Concord Wealth Partners now owns 22,441 shares of the company's stock worth $3,216,000 after acquiring an additional 621 shares during the last quarter. Lee Danner & Bass Inc. increased its position in shares of Procter & Gamble by 1.3% in the fourth quarter. Lee Danner & Bass Inc. now owns 85,697 shares of the company's stock valued at $12,281,000 after acquiring an additional 1,091 shares during the period. St. Johns Investment Management Company LLC raised its stake in shares of Procter & Gamble by 1.4% during the fourth quarter. St. Johns Investment Management Company LLC now owns 6,380 shares of the company's stock valued at $914,000 after acquiring an additional 90 shares during the last quarter. Finally, Cornerstone National Bank & Trust Co raised its stake in shares of Procter & Gamble by 2.5% during the fourth quarter. Cornerstone National Bank & Trust Co now owns 7,572 shares of the company's stock valued at $1,085,000 after acquiring an additional 183 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the sale, the chairman directly owned 319,385 shares of the company's stock, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ma. Fatima Francisco sold 8,000 shares of the firm's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $158.00, for a total transaction of $1,264,000.00. Following the sale, the chief executive officer owned 6,571 shares of the company's stock, valued at approximately $1,038,218. This represents a 54.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 252,715 shares of company stock valued at $40,966,904. 0.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PG. TD Cowen cut their target price on Procter & Gamble from $156.00 to $142.00 and set a "hold" rating on the stock in a research note on Wednesday, April 1st. Jefferies Financial Group dropped their price objective on Procter & Gamble from $179.00 to $175.00 and set a "buy" rating for the company in a report on Monday, April 20th. Raymond James Financial cut their price objective on Procter & Gamble from $175.00 to $170.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 14th. Dbs Bank upgraded Procter & Gamble from a "hold" rating to a "buy" rating in a report on Friday, January 23rd. Finally, BNP Paribas Exane dropped their price target on Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a research note on Thursday. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $160.41.

Procter & Gamble News Summary

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

• Positive Sentiment: Q3 earnings and core metrics beat expectations — adjusted EPS topped consensus and net sales/organic sales rose year‑over‑year, showing volume-led growth that suggests improving consumer demand. Business Wire: Q3 Results
• Positive Sentiment: Beauty and premium brands outperformed (e.g., SK‑II growth), supporting higher-margin mix and contributing to market‑share gains cited by management. Reuters: Beauty Demand Strength
• Positive Sentiment: Unusually heavy call-option buying and positive analyst notes pre/post‑release amplified buying momentum, signaling increased bullish positioning from traders and some brokers. (Options volume spike reported in market coverage.)
• Neutral Sentiment: Management reiterated fiscal‑2026 guidance (EPS range ~6.83–7.09) and maintained its outlook — that gives reassurance on the plan but leaves upside capped until guidance is raised. P&G Press Release / Slides
• Negative Sentiment: P&G disclosed a roughly $150 million hit to annual profits from Middle East disruptions (higher energy/logistics/input costs), a tangible near‑term headwind that pressure margins and could constrain FY earnings. Benzinga: $150M Hit
• Negative Sentiment: Some sell‑side desks trimmed price targets and highlighted input-cost risks (resin, energy), which tempers upside and keeps valuation scrutiny on the stock. MarketScreener: PT Adjustments

Procter & Gamble Price Performance

Shares of PG opened at $148.11 on Monday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.99. The firm's 50-day simple moving average is $150.32 and its two-hundred day simple moving average is $148.66. The stock has a market cap of $344.21 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 5.72 and a beta of 0.41. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 31.88% and a net margin of 19.16%.The firm had revenue of $21.24 billion for the quarter, compared to analysts' expectations of $21.52 billion. During the same period in the previous year, the firm posted $1.54 EPS. The business'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. Analysts anticipate that Procter & Gamble Company will post 6.95 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a $1.0885 dividend. This is an increase from Procter & Gamble's previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble's payout ratio is currently 64.44%.

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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