Fundsmith LLP Has $598.05 Million Stock Position in Procter & Gamble Company (The) $PG

Fundsmith LLP decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,078,371 shares of the company’s stock after selling 121,543 shares during the quarter. Procter & Gamble accounts for approximately 4.4% of Fundsmith LLP’s holdings, making the stock its 9th largest holding. Fundsmith LLP owned 0.18% of Procter & Gamble worth $598,052,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Baxter Bros Inc. acquired a new stake in shares of Procter & Gamble in the second quarter valued at about $12,381,000. Empowered Funds LLC acquired a new position in Procter & Gamble during the second quarter valued at approximately $53,549,000. Cibc World Market Inc. grew its stake in Procter & Gamble by 40.6% in the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after purchasing an additional 147,701 shares in the last quarter. World Investment Advisors grew its stake in Procter & Gamble by 15.9% in the fourth quarter. World Investment Advisors now owns 105,915 shares of the company’s stock valued at $15,179,000 after purchasing an additional 14,492 shares in the last quarter. Finally, Resources Management Corp CT ADV increased its position in shares of Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock worth $11,681,000 after purchasing an additional 24,010 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PG. Bank of America decreased their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research note on Friday, July 10th. BMO Capital Markets upped their price target on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Jefferies Financial Group increased their price target 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. Sanford C. Bernstein reissued a “market perform” rating and issued a $149.00 price objective on shares of Procter & Gamble in a research report on Monday, August 24th. Finally, Argus lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.19.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $145.86 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $338.78 billion, a P/E ratio of 22.03, a P/E/G ratio of 4.47 and a beta of 0.39. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The stock has a 50 day moving average of $146.96 and a 200-day moving average of $148.02.

Procter & Gamble (NYSE:PG) last posted 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. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the business earned $1.48 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were given a $1.0885 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Insider Activity

In related news, insider Marc S. Pritchard sold 4,030 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the transaction, the insider owned 187,001 shares in the company, valued at approximately $26,888,873.79. This represents a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the transaction, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $184,600.04. This represents a 22.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 6,627 shares of company stock valued at $953,417 over the last ninety days. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Tariff recovery improves cash flow: P&G recovered approximately $100 million in tariffs it had previously paid after those charges were ruled illegal. The reimbursement should provide a modest financial benefit and removes some cost pressure. P&G has gotten back $100M in Trump tariffs it paid
• Positive Sentiment: Dividend appeal remains strong: Recent commentary highlights PG’s roughly 3% yield, long record of annual dividend increases and potential for compounding income over time. The stock continues to be viewed as a defensive holding for retirees and long-term dividend investors. Why P&G’s 3% Yield Could Matter More to Long-Term Dividend Investors
• Positive Sentiment: Defensive positioning: Analysts and investing publications continue to recommend P&G as a dependable consumer-staples dividend stock, citing its brand portfolio, productivity efforts, innovation and robust cash returns. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble

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.