Procter & Gamble Company (The) $PG Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 525.5% during the fourth quarter, HoldingsChannel reports. The firm owned 579,280 shares of the company’s stock after purchasing an additional 486,676 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Procter & Gamble were worth $83,016,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in PG. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC lifted its position in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Maseco LLP acquired a new position in shares of Procter & Gamble during the fourth quarter worth $28,000. Saranac Partners Ltd acquired a new position in shares of Procter & Gamble during the third quarter worth $30,000. Finally, Caitlin John LLC acquired a new position in shares of Procter & Gamble during the third quarter worth $34,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on PG shares. Jefferies Financial Group cut their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Evercore set a $162.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. JPMorgan Chase & Co. cut their price target on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Bank of America cut their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, The Goldman Sachs Group cut their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble Stock Up 0.7%

Shares of NYSE:PG opened at $143.40 on Friday. The stock has a market capitalization of $333.93 billion, a price-to-earnings ratio of 20.97, a price-to-earnings-growth ratio of 6.11 and a beta of 0.41. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99. The company’s fifty day moving average is $145.11 and its two-hundred day moving average is $147.97. 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 issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period 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. Equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. 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 3.0%. The ex-dividend date was Friday, April 24th. Procter & Gamble’s payout ratio is currently 63.60%.

Insider Activity at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the transaction, the chief executive officer owned 1,029 shares in the company, valued at approximately $170,083.41. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

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.