SteelPeak Wealth LLC increased its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 81.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,123 shares of the company’s stock after purchasing an additional 30,054 shares during the period. SteelPeak Wealth LLC’s holdings in Procter & Gamble were worth $9,695,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of PG. Brighton Jones LLC lifted its holdings in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its stake in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after purchasing an additional 1,016 shares during the last quarter. Auxano Advisors LLC boosted its holdings in shares of Procter & Gamble by 10.8% in the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in shares of Procter & Gamble by 2.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.
Procter & Gamble News Summary
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: JPMorgan kept an overweight rating on Procter & Gamble while only trimming its price target to $162 from $164, which still implies upside from current levels. Benzinga report on JPMorgan price target cut
- Positive Sentiment: Recent coverage suggests PG may still be undervalued based on DCF and earnings-multiple checks, and management’s plan to cut up to 7,000 non-manufacturing jobs could support margins and cash flow over time. Yahoo Finance article on valuation and job cuts
- Positive Sentiment: Procter & Gamble announced a quarterly dividend, reinforcing its appeal as a defensive income stock for investors. TipRanks dividend declaration article
- Neutral Sentiment: PG recently outperformed the broader market, showing relative strength even without a major new catalyst. Yahoo Finance article on PG outperformance
- Neutral Sentiment: UBS warned that consumer staple companies likely faced another “tricky” quarter, which highlights a potentially tougher operating backdrop for the sector, though PG-specific details were not provided. Yahoo Finance UBS sector outlook article
- Negative Sentiment: The broader consumer-staples outlook may be pressured by slower earnings growth, which could limit how much investors are willing to pay for PG despite its defensive profile.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Procter & Gamble
Procter & Gamble Price Performance
PG opened at $151.49 on Friday. The stock’s 50 day simple moving average is $146.73 and its 200 day simple moving average is $148.53. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The firm has a market cap of $352.76 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 7.21 and a beta of 0.39.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.23 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 business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.88 earnings per share for the current year.
Procter & Gamble Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 63.60%.
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.
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