Commonwealth of Pennsylvania Public School Empls Retrmt SYS Trims Stake in Procter & Gamble Company (The) $PG

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 543,537 shares of the company’s stock after selling 18,952 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Procter & Gamble were worth $77,894,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Impact Partnership Wealth LLC raised its holdings in shares of Procter & Gamble by 109.5% in the 4th quarter. Impact Partnership Wealth LLC now owns 8,423 shares of the company’s stock valued at $1,207,000 after buying an additional 4,402 shares during the period. Cherry Tree Wealth Management LLC raised its holdings in shares of Procter & Gamble by 11.1% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 4,101 shares of the company’s stock valued at $588,000 after buying an additional 410 shares during the period. Forsta AP Fonden raised its holdings in shares of Procter & Gamble by 8.8% in the 4th quarter. Forsta AP Fonden now owns 631,700 shares of the company’s stock valued at $90,529,000 after buying an additional 51,100 shares during the period. Patrick Mauro Investment Advisor INC. raised its holdings in shares of Procter & Gamble by 1.7% in the 4th quarter. Patrick Mauro Investment Advisor INC. now owns 30,874 shares of the company’s stock valued at $4,425,000 after buying an additional 530 shares during the period. Finally, Norges Bank purchased a new stake in shares of Procter & Gamble in the 4th quarter valued at $4,664,783,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PG shares. Piper Sandler boosted their price objective on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Raymond James Financial lowered their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.06.

Procter & Gamble Trading Down 1.6%

PG opened at $143.60 on Friday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.99. The stock has a market capitalization of $334.39 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 6.15 and a beta of 0.41. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The business has a fifty day moving average price of $144.41 and a 200 day moving average price of $147.89.

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

Procter & Gamble Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is currently 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.