Vaquero Private Wealth Ltd. Invests $1.02 Million in Procter & Gamble Company (The) $PG

Vaquero Private Wealth Ltd. bought a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,943 shares of the company’s stock, valued at approximately $1,018,000.

A number of other hedge funds have also recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. raised 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 valued at $25,000 after buying an additional 150 shares during the last quarter. Park Square Financial Group LLC grew its position in 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 buying an additional 71 shares in the last quarter. Evolution Wealth Management Inc. increased its stake in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after acquiring an additional 171 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in Procter & Gamble in the 4th quarter valued at approximately $26,000. Finally, Basso Capital Management L.P. acquired a new position in Procter & Gamble in the 4th quarter valued at approximately $28,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $143.57 on Wednesday. The business has a 50 day simple moving average of $148.03 and a 200 day simple moving average of $148.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. The company has a market capitalization of $333.72 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 4.45 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. The firm had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is 65.71%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PG. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. TD Cowen raised their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Rothschild & Co Redburn decreased their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Citigroup lowered their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, Jefferies Financial Group increased their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.