Howland Capital Management LLC Sells 12,805 Shares of Procter & Gamble Company (The) $PG

Howland Capital Management LLC lessened its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 8.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 146,480 shares of the company’s stock after selling 12,805 shares during the quarter. Howland Capital Management LLC’s holdings in Procter & Gamble were worth $20,992,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in Procter & Gamble during the fourth quarter worth $4,664,783,000. Vanguard Group Inc. grew its holdings in Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Procter & Gamble by 100.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after acquiring an additional 2,741,924 shares in the last quarter. Amundi raised its position in shares of Procter & Gamble by 26.3% in the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock worth $1,606,748,000 after acquiring an additional 2,222,560 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Procter & Gamble by 272.3% in the 4th quarter. Renaissance Technologies LLC now owns 2,986,061 shares of the company’s stock worth $427,932,000 after acquiring an additional 2,183,911 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PG. UBS Group upped their target price on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. TD Cowen boosted their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Barclays cut their price target on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Finally, Piper Sandler lifted their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Eleven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $160.78.

Procter & Gamble Price Performance

Shares of PG opened at $149.47 on Friday. The stock has a market cap of $348.04 billion, a P/E ratio of 21.85, a P/E/G ratio of 6.45 and a beta of 0.39. The business’s fifty day moving average is $144.63 and its 200 day moving average is $147.70. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

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

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.