First Horizon Corp Boosts Stock Holdings in Procter & Gamble Company (The) $PG

First Horizon Corp increased its stake in Procter & Gamble Company (The) (NYSE:PG) by 11.8% during the 1st quarter, Holdings Channel reports. The fund owned 150,535 shares of the company’s stock after purchasing an additional 15,833 shares during the quarter. First Horizon Corp’s holdings in Procter & Gamble were worth $21,743,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PG. E Fund Management Hong Kong Co. Ltd. raised its position in 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 valued at $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC increased its stake in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the period. Evolution Wealth Management Inc. increased its stake in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after buying an additional 171 shares during the period. Litman Gregory Wealth Management LLC acquired a new stake in Procter & Gamble in the fourth quarter valued at approximately $26,000. Finally, Maseco LLP purchased a new position in Procter & Gamble in the fourth quarter worth approximately $28,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PG has been the topic of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. BMO Capital Markets raised their price target on Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, The Goldman Sachs Group lowered their price objective on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Twelve research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $161.47.

Procter & Gamble Trading Down 1.1%

NYSE:PG opened at $146.74 on Friday. The company has a market capitalization of $341.70 billion, a PE ratio of 21.45, a P/E/G ratio of 6.31 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The stock’s 50 day moving average price is $146.57 and its 200 day moving average price is $148.38. 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 announced 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 business had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the company posted $1.54 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. 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 6.9 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a dividend of $1.0885 per share. 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 3.0%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: Analysts and market commentators continue to highlight Procter & Gamble as a Dividend King with an attractive yield and discounted valuation relative to its stable earnings profile. 5 Dividend Kings to Buy in July with Irresistible Value and Yield
• Positive Sentiment: Recent product launches, including Braun NEVO and Cascade Clean and Dry Booster Rinse Aid, suggest ongoing brand innovation that could support sales momentum. Procter & Gamble (PG) Extends Its Dividend Appeal, Is The Stock Already Fully Valued?
• Neutral Sentiment: Several articles this week focused on PG as a core retirement-income stock, reinforcing its reputation as a dependable dividend name but without pointing to any immediate catalyst for the shares.
• Negative Sentiment: Recent market recaps showed PG falling more than the broader market, reflecting investor caution and possible concern that the stock may be fully valued in the near term. Procter & Gamble (PG) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: Another update noted a larger-than-market drop for Procter & Gamble, which may be weighing on sentiment as traders rotate toward other names. Procter & Gamble (PG) Suffers a Larger Drop Than the General Market: Key Insights

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.