Mitsubishi UFJ Asset Management Co. Ltd. Raises Holdings in Procter & Gamble Company (The) $PG

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,355,459 shares of the company’s stock after buying an additional 53,515 shares during the quarter. Procter & Gamble accounts for 1.0% of Mitsubishi UFJ Asset Management Co. Ltd.’s investment portfolio, making the stock its 14th largest position. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Procter & Gamble were worth $1,468,301,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triodos Investment Management BV grew 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 worth $39,195,000 after purchasing an additional 17,400 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Procter & Gamble by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after purchasing an additional 1,419,322 shares during the last quarter. Strengthening Families & Communities LLC boosted its position in shares of Procter & Gamble by 820.6% in the 3rd quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company’s stock valued at $2,308,000 after purchasing an additional 13,195 shares during the period. Heritage Wealth Management Inc. boosted its position in shares of Procter & Gamble by 32.7% in the 3rd quarter. Heritage Wealth Management Inc. now owns 150,814 shares of the company’s stock valued at $23,173,000 after purchasing an additional 37,198 shares during the period. Finally, Turtle Creek Wealth Advisors LLC grew its stake in Procter & Gamble by 21.5% during the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 84,512 shares of the company’s stock worth $12,985,000 after buying an additional 14,954 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Analyst Upgrades and Downgrades

Several research analysts have commented on PG shares. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Morgan Stanley lowered their target price on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. TD Cowen upped their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. UBS Group increased their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, 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. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $161.06.

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Procter & Gamble Trading Up 1.1%

Shares of Procter & Gamble stock opened at $144.97 on Wednesday. The firm has a market cap of $337.57 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 6.14 and a beta of 0.41. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $170.99. The company’s 50-day simple moving average is $149.13 and its 200-day simple moving average is $148.60. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the company earned $1.54 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.92 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,827 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total value of $2,056,296.37. Following the completion of the sale, the insider owned 12,639 shares of the company’s stock, valued at approximately $2,026,158.09. This trade represents a 50.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the sale, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 244,715 shares of company stock valued at $39,702,904 in the last three months. Insiders own 0.20% of the company’s stock.

About Procter & Gamble

(Free Report)

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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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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