4,036 Shares in Procter & Gamble Company (The) $PG Purchased by Piedmont Capital Management LLC NC

Piedmont Capital Management LLC NC purchased a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, Holdings Channel reports. The fund purchased 4,036 shares of the company’s stock, valued at approximately $578,000.

A number of other hedge funds have also bought and sold shares of the company. Triodos Investment Management BV raised its holdings in shares of Procter & Gamble by 7.3% during the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after buying an additional 17,400 shares during the last quarter. Vanguard Group Inc. raised its holdings in Procter & Gamble by 0.6% during the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock worth $36,050,992,000 after purchasing an additional 1,419,322 shares in the last quarter. Gradient Investments LLC raised its holdings in Procter & Gamble by 12.8% during the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock worth $36,270,000 after purchasing an additional 28,777 shares in the last quarter. Fiera Capital Corp raised its holdings in Procter & Gamble by 20.3% during the third quarter. Fiera Capital Corp now owns 53,128 shares of the company’s stock worth $8,163,000 after purchasing an additional 8,961 shares in the last quarter. Finally, Arete Wealth Advisors LLC bought a new stake in Procter & Gamble during the third quarter worth approximately $3,776,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PG has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Raymond James Financial dropped their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. UBS Group boosted their target price on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Morgan Stanley dropped their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Sanford C. Bernstein initiated coverage on Procter & Gamble in a report on Thursday. They set a “market perform” rating and a $156.00 target price on the stock. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.78.

Procter & Gamble Price Performance

NYSE PG opened at $149.47 on Monday. The stock has a market capitalization of $348.04 billion, a P/E ratio of 21.85, a P/E/G ratio of 6.51 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The business’s fifty day moving average is $144.63 and its two-hundred day moving average is $147.71. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. The company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a $1.0885 dividend. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio is currently 63.60%.

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.