Procter & Gamble Company (The) $PG Holdings Trimmed by Keystone Financial Group

Keystone Financial Group trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 9.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,474 shares of the company’s stock after selling 3,883 shares during the period. Keystone Financial Group’s holdings in Procter & Gamble were worth $5,227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. grew its position in Procter & Gamble by 1,000.0% during 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 in the last quarter. Park Square Financial Group LLC grew its position in Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Maseco LLP purchased a new position in Procter & Gamble during the 4th quarter worth approximately $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble during the 3rd quarter worth approximately $30,000. Finally, Caitlin John LLC purchased a new position in Procter & Gamble during the 3rd quarter worth approximately $34,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Trading Up 0.7%

Shares of NYSE:PG opened at $143.40 on Friday. The firm has a fifty day moving average of $145.11 and a two-hundred day moving average of $147.97. The firm has a market capitalization of $333.93 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 6.11 and a beta of 0.41. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. 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 (NYSE:PG) last issued its 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. The company had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, April 24th. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction on 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 sale, the chief executive officer owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on PG shares. Erste Group Bank cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. The Goldman Sachs Group lowered their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Raymond James Financial decreased their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $161.06.

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.