Founders Financial Securities LLC Trims Stock Holdings in Procter & Gamble Company (The) $PG

Founders Financial Securities LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 11.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,362 shares of the company’s stock after selling 5,029 shares during the quarter. Founders Financial Securities LLC’s holdings in Procter & Gamble were worth $5,920,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PG. Brighton Jones LLC boosted its stake in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares during the period. Taylor Financial Group Inc. increased its position in Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after acquiring an additional 277 shares during the period. Sivia Capital Partners LLC raised its stake in Procter & Gamble by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after acquiring an additional 1,016 shares during the last quarter. Auxano Advisors LLC raised its stake in Procter & Gamble by 10.8% during the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after acquiring an additional 714 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Procter & Gamble by 2.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after acquiring an additional 809 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Price Performance

Shares of PG opened at $150.85 on Monday. 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 stock’s 50 day moving average is $145.43 and its two-hundred day moving average is $147.80. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The firm has a market capitalization of $351.26 billion, a PE ratio of 22.05, a P/E/G ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’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 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current 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 given a $1.0885 dividend. 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%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Evercore set a $162.00 target price on Procter & Gamble in a research note on Monday, April 27th. BNP Paribas Exane cut their price target on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Erste Group Bank lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Barclays dropped their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $160.78.

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.