Y Intercept Hong Kong Ltd Buys 35,223 Shares of Procter & Gamble Company (The) $PG

Key Points

• Y Intercept Hong Kong Ltd increased its Procter & Gamble stake by 218.3% in the second quarter, purchasing 35,223 additional shares and bringing its holdings to 51,360 shares valued at approximately $7.5 million. Institutional investors own 65.77% of PG.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $161.52, compared with PG’s recent price of $144.29. The company slightly exceeded quarterly EPS expectations, though revenue fell short of estimates.
• Procter & Gamble declared a quarterly dividend of $1.0885, equivalent to an annualized $4.35 payout and a 3.0% yield. Investors continue to view PG as a defensive Dividend King, while weaker earnings forecasts and pressure on consumer spending remain risks.

Y Intercept Hong Kong Ltd boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 218.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,360 shares of the company's stock after purchasing an additional 35,223 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Procter & Gamble were worth $7,531,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Carson Advisory Inc. increased its stake in Procter & Gamble by 0.5% during the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company's stock valued at $1,738,000 after acquiring an additional 65 shares during the period. Cary Street Partners Investment Advisory LLC raised its holdings in Procter & Gamble by 1.8% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company's stock valued at $549,000 after acquiring an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. lifted its position in shares of Procter & Gamble by 2.7% in the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company's stock worth $376,000 after acquiring an additional 68 shares during the period. Grant Street Asset Management Inc. grew its holdings in shares of Procter & Gamble by 2.7% during the 4th quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company's stock worth $376,000 after purchasing an additional 69 shares in the last quarter. Finally, Cowa LLC grew its holdings in shares of Procter & Gamble by 2.4% during the 4th quarter. Cowa LLC now owns 2,985 shares of the company's stock worth $428,000 after purchasing an additional 70 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PG. Jefferies Financial Group upped their target price on Procter & Gamble from $177.00 to $179.00 and gave the company a "buy" rating in a research note on Friday, June 26th. BNP Paribas Exane decreased their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating on the stock in a research note on Thursday, April 23rd. TD Cowen boosted 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. Piper Sandler increased their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Finally, UBS Group raised their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a "buy" rating in a report on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $161.52.

Procter & Gamble Trading Up 0.1%

Shares of PG opened at $144.29 on Friday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. The stock has a 50 day simple moving average of $148.21 and a 200-day simple moving average of $148.92. The stock has a market cap of $335.40 billion, a PE ratio of 21.80, a PEG ratio of 4.44 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the firm earned $1.48 EPS. Procter & Gamble's quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, sell-side analysts predict that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Key Procter & Gamble News

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

• Positive Sentiment: PG continues to be highlighted as a Dividend King with a long record of reliable and growing payouts. Coverage suggests that an investment of roughly $17,000 could generate more than $500 in annual dividends, supporting demand from income-focused investors. All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock to Generate Over $500 in Yearly Dividends
• Positive Sentiment: Dividend-focused commentary continues to put PG in the spotlight as investors favor stable blue-chip companies and seek dependable income amid market uncertainty. Procter & Gamble Draws Attention as Dividend Blue Chips Take Center Stage
• Neutral Sentiment: PG is also being viewed as a defensive holding while investors await inflation data. Its household-product portfolio may offer relative stability, although inflation and consumer-spending trends remain important for margins and demand. Is Procter & Gamble Steadying Nerves as Markets Await the July Inflation Print?
• Negative Sentiment: Zacks Research made several modest reductions to PG’s earnings outlook, including FY2027 EPS falling to $6.97 from $7.05 and FY2028 EPS to $7.42 from $7.47. Some quarterly estimates were raised, but the overall revisions point to limited near-term earnings momentum. Erste Group Bank also issued a bearish FY2027 earnings forecast. Erste Group Bank Has Bearish Forecast for PG FY2027 Earnings
• Negative Sentiment: Higher gasoline prices could pressure household budgets, potentially encouraging consumers to trade down or reduce discretionary purchases and creating challenges for PG’s volume growth. Why Is Procter & Gamble in Focus as Gasoline Prices Pressure Consumers?

Procter & Gamble 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.

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