Evansbrook LLC Takes Position in Procter & Gamble Company (The) $PG

Evansbrook LLC acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,518 shares of the company’s stock, valued at approximately $934,000.

Several other large investors have also made changes to their positions in the company. Rare Wolf Capital LLC acquired a new position in Procter & Gamble in the fourth quarter valued at $460,000. First Growth Capital LLC purchased a new stake in Procter & Gamble during the fourth quarter valued at about $462,000. Aznar Financial Advisors LLC acquired a new stake in Procter & Gamble during the fourth quarter worth about $312,000. Birchwood Financial Partners Inc. purchased a new position in shares of Procter & Gamble in the 4th quarter worth about $400,000. Finally, Corient Private Wealth LLC raised its holdings in shares of Procter & Gamble by 39.8% in the 4th quarter. Corient Private Wealth LLC now owns 3,130,900 shares of the company’s stock worth $448,689,000 after purchasing an additional 890,965 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PG shares. Morgan Stanley decreased their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Bank of America cut their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Evercore set a $162.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. Finally, Erste Group Bank lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $160.78.

Procter & Gamble Price Performance

Shares of PG stock opened at $150.85 on Friday. The company has a market capitalization of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.55 and a beta of 0.39. The firm has a fifty day simple moving average of $145.31 and a 200-day simple moving average of $147.78. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the previous year, the firm posted $1.54 EPS. The firm’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. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. 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.