PNC Financial Services Group Inc. Lowers Holdings in Procter & Gamble Company (The) $PG

PNC Financial Services Group Inc. reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 7,693,061 shares of the company’s stock after selling 162,731 shares during the period. Procter & Gamble makes up approximately 0.6% of PNC Financial Services Group Inc.’s portfolio, making the stock its 24th biggest holding. PNC Financial Services Group Inc.’s holdings in Procter & Gamble were worth $1,111,186,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. E Fund Management Hong Kong Co. Ltd. boosted its position in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Litman Gregory Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $26,000. Park Square Financial Group LLC increased its holdings in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. lifted its stake in shares of Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the period. Finally, Basso Capital Management L.P. acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $148.12 on Wednesday. The stock has a market capitalization of $344.91 billion, a P/E ratio of 21.66, a P/E/G ratio of 7.42 and a beta of 0.39. The company’s fifty day moving average price is $147.00 and its 200 day moving average price is $148.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25.

Procter & Gamble (NYSE:PG) last posted 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. The company had revenue of $21.23 billion during the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

Wall Street Analyst Weigh In

PG has been the topic of several analyst reports. Sanford C. Bernstein started coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price target on the stock. Erste Group Bank downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Bank of America dropped their target price on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Rothschild & Co Redburn cut their price target on 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, UBS Group upped their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $161.74.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Procter & Gamble is expanding manufacturing in Egypt to use the country as a hub for exports into Gulf and African markets, which could improve supply-chain efficiency and support longer-term international growth. Procter & Gamble (PG) Expands Egypt Manufacturing To Serve Gulf And African Markets
• Positive Sentiment: Several articles frame PG as a defensive “safe haven” and a strong dividend stock, which may be attracting investors looking to rotate away from higher-volatility AI names and into steadier consumer staples. As the AI Selloff Worsens, Time-Tested Procter Gamble Stock Could Be the Biggest Winner
• Positive Sentiment: PG is also being compared favorably on value and dividend appeal versus other consumer-staples names, reinforcing the view that it remains a high-quality holding for long-term income investors. NWL vs. PG: Which Stock Is the Better Value Option?

About Procter & Gamble

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.