SevenBridge Financial Group LLC Increases Stock Holdings in Procter & Gamble Company (The) $PG

SevenBridge Financial Group LLC increased its position in Procter & Gamble Company (The) (NYSE:PG) by 12.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,592 shares of the company’s stock after acquiring an additional 4,177 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Procter & Gamble were worth $5,513,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Master S Wealth Management Inc. lifted its stake in Procter & Gamble by 6.6% in the 1st quarter. Master S Wealth Management Inc. now owns 3,528 shares of the company’s stock worth $510,000 after purchasing an additional 218 shares in the last quarter. SJS Investment Consulting Inc. grew its position in shares of Procter & Gamble by 6.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 8,168 shares of the company’s stock valued at $1,180,000 after purchasing an additional 510 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in shares of Procter & Gamble by 30.3% in the first quarter. Moss Adams Wealth Advisors LLC now owns 7,952 shares of the company’s stock worth $1,149,000 after purchasing an additional 1,848 shares during the period. Private Wealth Management Group LLC raised its position in shares of Procter & Gamble by 5.4% in the first quarter. Private Wealth Management Group LLC now owns 3,521 shares of the company’s stock worth $509,000 after buying an additional 179 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC boosted its stake in Procter & Gamble by 4.8% during the first quarter. Drucker Wealth 3.0 LLC now owns 17,277 shares of the company’s stock valued at $2,496,000 after buying an additional 788 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Down 0.4%

Shares of PG opened at $148.40 on Tuesday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The stock has a 50 day simple moving average of $146.05 and a two-hundred day simple moving average of $148.08. The firm has a market cap of $345.57 billion, a P/E ratio of 21.70, a P/E/G ratio of 6.48 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the business posted $1.54 EPS. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PG shares. Bank of America decreased their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Royal Bank Of Canada decreased their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Barclays dropped their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. Rothschild & Co Redburn cut their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Finally, BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.47.

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.