Stenger Family Office LLC Sells 5,362 Shares of Procter & Gamble Company (The) $PG

Stenger Family Office LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,478 shares of the company’s stock after selling 5,362 shares during the quarter. Procter & Gamble makes up about 0.9% of Stenger Family Office LLC’s holdings, making the stock its 27th largest position. Stenger Family Office LLC’s holdings in Procter & Gamble were worth $4,368,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Financial Avengers Inc. lifted its position in shares of Procter & Gamble by 0.3% during the 4th quarter. Financial Avengers Inc. now owns 37,218 shares of the company’s stock valued at $5,334,000 after buying an additional 109 shares during the last quarter. EJMK Ventures LLC purchased a new stake in Procter & Gamble in the 4th quarter worth about $531,000. Targeted Financial Services LLC purchased a new stake in Procter & Gamble in the 4th quarter worth about $236,000. WMS Group LLC bought a new stake in Procter & Gamble in the 4th quarter valued at about $525,000. Finally, Tulsa Wealth Advisors INC bought a new stake in Procter & Gamble in the 4th quarter valued at about $421,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Up 0.3%

Shares of NYSE PG opened at $150.85 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The business has a 50-day simple moving average of $145.43 and a two-hundred day simple moving average of $147.80. 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 company has a market cap of $351.26 billion, a P/E ratio of 22.05, a P/E/G ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its earnings results 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 business had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the firm earned $1.54 EPS. The company’s quarterly revenue 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. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid 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 yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PG shares. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Raymond James Financial lowered their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Bank of America dropped their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. UBS Group raised their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $160.78.

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.