Epoch Investment Partners Inc. Reduces Holdings in Procter & Gamble Company (The) $PG

Epoch Investment Partners Inc. lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.8% during the fourth quarter, HoldingsChannel reports. The firm owned 156,537 shares of the company’s stock after selling 6,235 shares during the period. Epoch Investment Partners Inc.’s holdings in Procter & Gamble were worth $22,433,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the period. State Street Corp raised its stake in shares of Procter & Gamble by 1.0% during the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock valued at $14,563,008,000 after purchasing an additional 984,102 shares during the period. Geode Capital Management LLC raised its stake in shares of Procter & Gamble by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after purchasing an additional 1,974,556 shares during the period. Norges Bank purchased a new stake in shares of Procter & Gamble during the fourth quarter valued at approximately $4,664,783,000. Finally, Franklin Resources Inc. raised its stake in shares of Procter & Gamble by 4.5% during the fourth quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company’s stock valued at $3,421,122,000 after purchasing an additional 1,021,833 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PG shares. Wells Fargo & Company lifted their price objective on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Jefferies Financial Group decreased their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Rothschild & Co Redburn decreased 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 report on Monday, April 27th. BNP Paribas Exane decreased their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $160.78.

Procter & Gamble Stock Down 0.1%

PG stock opened at $149.47 on Monday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $348.04 billion, a P/E ratio of 21.85, a PEG ratio of 6.51 and a beta of 0.39. The firm has a 50 day simple moving average of $144.63 and a 200-day simple moving average of $147.71.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results 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 business had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter last year, the company earned $1.54 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a $1.0885 dividend. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio is presently 63.60%.

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.