Flossbach Von Storch SE Has $475.81 Million Position in Procter & Gamble Company (The) $PG

Flossbach Von Storch SE lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,096,726 shares of the company’s stock after selling 35,228 shares during the period. Procter & Gamble accounts for about 1.9% of Flossbach Von Storch SE’s portfolio, making the stock its 20th largest position. Flossbach Von Storch SE owned 0.13% of Procter & Gamble worth $475,812,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PG. Halbert Hargrove Global Advisors LLC bought a new position in shares of Procter & Gamble in the third quarter worth about $25,000. Corundum Trust Company INC acquired a new stake in shares of Procter & Gamble in the third quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble in the 2nd quarter worth approximately $34,000. RMG Wealth Management LLC acquired a new position in Procter & Gamble during the 2nd quarter worth $37,000. Finally, Marquette Asset Management LLC bought a new position in Procter & Gamble in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In related news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider owned 182,607 shares in the company, valued at $27,601,048.05. This represents a 34.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is owned by company insiders.

Procter & Gamble Price Performance

Shares of PG opened at $147.45 on Thursday. The stock has a market cap of $342.68 billion, a P/E ratio of 21.84, a price-to-earnings-growth ratio of 4.93 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The stock’s 50-day moving average price is $144.84 and its two-hundred day moving average price is $150.35. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. During the same period last year, the company posted $1.88 EPS. Procter & Gamble’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PG. UBS Group boosted their target price on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Raymond James Financial dropped their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and upped their target price for the company from $157.00 to $165.00 in a research report on Friday, January 23rd. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price target for the stock from $150.00 to $156.00 in a research report on Tuesday. Finally, Piper Sandler initiated coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target for the company. Thirteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $167.00.

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.