SteelPeak Wealth LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 39.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,581 shares of the company’s stock after buying an additional 26,458 shares during the period. SteelPeak Wealth LLC’s holdings in Procter & Gamble were worth $13,723,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. First City Capital Management Inc. grew its holdings in shares of Procter & Gamble by 4.7% in the 2nd quarter. First City Capital Management Inc. now owns 9,917 shares of the company’s stock worth $1,454,000 after acquiring an additional 444 shares during the last quarter. Ballast Inc. lifted its holdings in shares of Procter & Gamble by 17.3% during the second quarter. Ballast Inc. now owns 19,969 shares of the company’s stock valued at $2,928,000 after purchasing an additional 2,952 shares during the last quarter. Regent Peak Wealth Advisors LLC boosted its position in shares of Procter & Gamble by 5.3% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 10,068 shares of the company’s stock valued at $1,476,000 after purchasing an additional 509 shares during the period. Whitener Capital Management Inc. increased its stake in Procter & Gamble by 1.3% in the 2nd quarter. Whitener Capital Management Inc. now owns 39,289 shares of the company’s stock worth $5,761,000 after purchasing an additional 501 shares in the last quarter. Finally, Heck Capital Advisors LLC raised its holdings in Procter & Gamble by 2.5% during the 2nd quarter. Heck Capital Advisors LLC now owns 23,948 shares of the company’s stock worth $3,512,000 after buying an additional 576 shares during the period. 65.77% of the stock is owned by institutional investors.
Procter & Gamble Stock Down 0.8%
PG stock opened at $144.08 on Thursday. The firm has a market cap of $334.90 billion, a PE ratio of 21.76, a PEG ratio of 4.47 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a fifty day simple moving average of $148.14 and a 200 day simple moving average of $148.96. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.
Procter & Gamble Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble’s beauty business is helping support growth, while the company’s dividend-increase streak has reached 70 consecutive years. The record highlights PG’s durable brands, recurring cash flow and appeal to income-focused investors. Procter & Gamble’s beauty business helps drive growth as dividend streak reaches 70 consecutive years
- Positive Sentiment: Analysts and market commentators continue to identify PG as a defensive Dividend King with resilient earnings, strong consumer brands and the ability to return cash through dividends and share repurchases. That positioning can attract investors when technology and higher-growth stocks are volatile. 5 Dividend Kings That Blew Away Q2 Earnings Are Sizzling Summer Bargains
- Positive Sentiment: Old Spice introduced its limited-edition Fallidudes seasonal collection, adding new marketing and product activity to PG’s grooming portfolio. The launch is unlikely to materially change near-term earnings but supports brand engagement and sales visibility. Old Spice Introduces This Year’s Limited-Edition Fallidudes Collection
- Neutral Sentiment: Coverage examining PG’s dividend emphasizes that generating $10,000 in annual income requires a substantial investment because of the stock’s relatively modest yield. The payout’s long history is a strength, but the income objective may reinforce concerns about PG’s valuation. Here’s How Many Shares of Procter & Gamble You’d Need for $10,000 in Yearly Dividends
- Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate slightly to $7.00 from $7.01, although it projects FY2028 EPS of $7.42. The minimal revision is not a major fundamental change, but it signals cautious expectations and offers little fresh earnings-growth upside versus consensus. Procter & Gamble analyst earnings estimates
- Negative Sentiment: Recent analysis questions whether PG is expensive after its latest annual results and 2027 guidance. Although the company’s prior quarter delivered an EPS beat, revenue of $21.20 billion was below the $21.38 billion consensus estimate, keeping valuation and muted growth as potential overhangs. Procter & Gamble Issues 2027 Guidance, Is The Stock Expensive?
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on PG shares. Evercore set a $162.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. HSBC reissued a “hold” rating and set a $149.00 target price (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Piper Sandler upped their price target on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Morgan Stanley decreased their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Barclays upped their target price on Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $161.52.
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.
Further Reading
- Five stocks we like better than Procter & Gamble
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
