Saratoga Research & Investment Management Decreases Stock Holdings in Procter & Gamble Company (The) $PG

Saratoga Research & Investment Management decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 218,125 shares of the company’s stock after selling 5,771 shares during the quarter. Procter & Gamble accounts for approximately 1.6% of Saratoga Research & Investment Management’s holdings, making the stock its 21st biggest position. Saratoga Research & Investment Management’s holdings in Procter & Gamble were worth $31,259,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its position in Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after buying an additional 2,829,151 shares during the last quarter. State Street Corp raised its position in Procter & Gamble by 0.4% in the 3rd quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after buying an additional 370,872 shares during the last quarter. Franklin Resources Inc. raised its position in Procter & Gamble by 8.3% in the 3rd quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after buying an additional 1,752,481 shares during the last quarter. Legal & General Group Plc raised its position in Procter & Gamble by 1.2% in the 3rd quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after buying an additional 189,968 shares during the last quarter. Finally, Fisher Asset Management LLC raised its position in Procter & Gamble by 0.4% in the 3rd quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock worth $1,691,449,000 after buying an additional 40,941 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

PG stock opened at $141.68 on Friday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $170.99. The company’s fifty day moving average price is $146.10 and its 200-day moving average price is $148.21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The company has a market capitalization of $329.91 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 6.07 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the previous year, the firm earned $1.54 earnings per share. The company’s quarterly revenue 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, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group cut their price target on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. Royal Bank Of Canada cut their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Wells Fargo & Company boosted their price target on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Bank of America cut their price target on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Finally, Evercore set a $162.00 price target on Procter & Gamble in a research note on Monday, April 27th. Eleven equities 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.com, the company has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Susan Street Whaley sold 1,809 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total transaction of $288,463.14. Following the completion of the transaction, the insider directly owned 30,215 shares in the company, valued at $4,818,083.90. This trade represents a 5.65% decrease in their position. The SEC filing for this sale provides additional information. 0.20% of the stock is currently owned by insiders.

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.