Commerzbank Aktiengesellschaft FI Purchases 7,211 Shares of Procter & Gamble Company (The) $PG

Commerzbank Aktiengesellschaft FI increased its position in Procter & Gamble Company (The) (NYSE:PG) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 582,167 shares of the company’s stock after buying an additional 7,211 shares during the quarter. Procter & Gamble comprises approximately 1.7% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 19th biggest position. Commerzbank Aktiengesellschaft FI’s holdings in Procter & Gamble were worth $83,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Procter & Gamble by 1.2% in 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 during the period. State Street Corp lifted its position in Procter & Gamble by 0.4% in the third quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares during the period. Franklin Resources Inc. lifted its position in Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares during the period. Legal & General Group Plc lifted its position in Procter & Gamble by 1.2% in the third quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after purchasing an additional 189,968 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in shares of Procter & Gamble by 0.4% during the third quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock valued at $1,691,449,000 after acquiring an additional 40,941 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $141.68 on Friday. The stock has a 50-day simple moving average of $146.10 and a 200 day simple moving average of $148.21. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The stock has a market capitalization of $329.91 billion, a price-to-earnings ratio of 20.71, a P/E/G ratio of 6.12 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating 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 business had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the business posted $1.54 earnings per share. The firm’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. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a $1.0885 dividend. This is a positive change 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 was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Analyst Ratings Changes

A number of research analysts have issued reports on PG shares. Wells Fargo & Company lifted their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Bank of America cut their price objective on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a report on Friday, April 10th. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Royal Bank Of Canada cut their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Insider Transactions at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,809 shares of Procter & Gamble stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider directly owned 30,215 shares of the company’s stock, valued at $4,818,083.90. The trade was a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the transaction, the chief executive officer directly owned 1,029 shares of the company’s stock, valued at $170,083.41. This represents a 84.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.20% of the company’s stock.

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.