Simmons Bank Lowers Stock Position in Procter & Gamble Company (The) $PG

Simmons Bank lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 11.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 50,775 shares of the company’s stock after selling 6,259 shares during the period. Simmons Bank’s holdings in Procter & Gamble were worth $7,277,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the period. Maseco LLP purchased a new stake in shares of Procter & Gamble in the 4th quarter worth approximately $28,000. Saranac Partners Ltd purchased a new stake in shares of Procter & Gamble in the 3rd quarter worth approximately $30,000. Caitlin John LLC purchased a new stake in shares of Procter & Gamble in the 3rd quarter worth approximately $34,000. Finally, Anfield Capital Management LLC lifted its position in shares of Procter & Gamble by 121.5% in the 4th quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock worth $34,000 after purchasing an additional 130 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PG shares. Jefferies Financial Group lowered their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. decreased their target price on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Insiders Place Their Bets

In other Procter & Gamble news, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the transaction, the insider directly owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. This represents a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 22,527 shares of company stock valued at $3,667,283. Insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 1.1%

NYSE:PG opened at $142.34 on Thursday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99. The firm has a 50 day moving average of $146.77 and a 200 day moving average of $148.33. 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 $331.46 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 6.17 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the prior year, the company posted $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 anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be issued 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 3.1%. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

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.