Cetera Investment Advisers raised its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 5.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,046,497 shares of the company’s stock after acquiring an additional 51,503 shares during the quarter. Cetera Investment Advisers’ holdings in Procter & Gamble were worth $151,156,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Cibc World Market Inc. lifted its holdings in shares of Procter & Gamble by 40.6% in the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after purchasing an additional 147,701 shares during the last quarter. World Investment Advisors grew its stake in Procter & Gamble by 15.9% during the 4th quarter. World Investment Advisors now owns 105,915 shares of the company’s stock worth $15,179,000 after buying an additional 14,492 shares during the last quarter. Resources Management Corp CT ADV grew its stake in Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock worth $11,681,000 after buying an additional 24,010 shares during the last quarter. Indivisible Partners acquired a new position in Procter & Gamble during the fourth quarter worth approximately $2,120,000. Finally, MOR Wealth Management LLC purchased a new stake in Procter & Gamble in the fourth quarter valued at approximately $1,975,000. 65.77% of the stock is owned by hedge funds and other institutional investors.
Procter & Gamble Price Performance
Procter & Gamble stock opened at $149.19 on Thursday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The business has a 50 day simple moving average of $147.13 and a 200-day simple moving average of $148.67. The stock has a market capitalization of $347.42 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 7.37 and a beta of 0.39.
Procter & Gamble Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s payout ratio is 63.60%.
Procter & Gamble News Roundup
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble highlighted a new Swiffer Lemon Duster launch, which could support category growth, reinforce brand strength, and help drive consumer engagement in its home care portfolio. New Swiffer Lemon Duster Delivers Fresh Scent of Clean
- Positive Sentiment: A report suggesting P&G could benefit as investors rotate away from higher-risk growth names into defensive consumer staples may continue to support the stock’s relative appeal. As the AI Selloff Worsens, Time-Tested Procter & Gamble Stock Could Be the Biggest Winner
- Positive Sentiment: Plans to expand manufacturing in Egypt to serve Gulf and African markets could improve regional supply-chain efficiency and support long-term international growth. Procter & Gamble Expands Egypt Manufacturing To Serve Gulf And African Markets
- Neutral Sentiment: Several articles focus on valuation comparisons and whether PG is attractive versus Newell Brands, which is more about relative stock selection than a direct catalyst for P&G itself. NWL vs. PG: Which Stock Should Value Investors Buy Now?
- Neutral Sentiment: Commentary asking whether P&G can stay steady ahead of earnings reflects investor caution, but it does not by itself change the fundamental outlook. Can Procter & Gamble Stay Steady As Earnings Day Approaches
- Negative Sentiment: Analysts are warning that upcoming earnings may decline and that P&G may not have the right setup for an earnings beat, which could weigh on the shares if results or guidance disappoint. Analysts Estimate Procter & Gamble (PG) to Report a Decline in Earnings
Analysts Set New Price Targets
A number of brokerages have recently issued reports on PG. Piper Sandler raised their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Raymond James Financial reduced their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a research note on Monday, April 27th. The Goldman Sachs Group dropped 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 note on Wednesday, April 8th. Finally, Royal Bank Of Canada reduced their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $161.74.
View Our Latest Analysis on PG
Procter & Gamble Company 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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