SCS Capital Management LLC Buys 9,409 Shares of Procter & Gamble Company (The) $PG

SCS Capital Management LLC boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,271 shares of the company’s stock after acquiring an additional 9,409 shares during the period. SCS Capital Management LLC’s holdings in Procter & Gamble were worth $10,930,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. Park Square Financial Group LLC boosted its holdings in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after buying an additional 71 shares in the last quarter. Maseco LLP bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $28,000. Saranac Partners Ltd bought a new position in shares of Procter & Gamble during the 3rd quarter worth approximately $30,000. Finally, Caitlin John LLC bought a new position in shares of Procter & Gamble during the 3rd quarter worth approximately $34,000. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PG. The Goldman Sachs Group cut their price target on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. Raymond James Financial cut their price target on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. JPMorgan Chase & Co. cut their price target on 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 Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Royal Bank Of Canada cut their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Eleven equities 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.06.

Procter & Gamble Price Performance

Shares of PG opened at $143.60 on Monday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The business’s fifty day moving average is $144.41 and its 200 day moving average is $147.90. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $334.39 billion, a P/E ratio of 20.99, a P/E/G ratio of 6.15 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) 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 return on equity of 32.00% and a net margin of 19.16%.Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, April 24th. 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 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.