Banque Cantonale Vaudoise Acquires 11,016 Shares of Procter & Gamble Company (The) $PG

Banque Cantonale Vaudoise grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 9.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,990 shares of the company’s stock after purchasing an additional 11,016 shares during the quarter. Procter & Gamble comprises about 0.7% of Banque Cantonale Vaudoise’s portfolio, making the stock its 21st biggest position. Banque Cantonale Vaudoise’s holdings in Procter & Gamble were worth $18,631,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in PG. Norges Bank acquired a new position in Procter & Gamble in the fourth quarter valued at approximately $4,664,783,000. Cardano Risk Management B.V. increased its stake in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock valued at $1,364,518,000 after acquiring an additional 8,731,126 shares in the last quarter. Auto Owners Insurance Co lifted its position in shares of Procter & Gamble by 14,231.0% during the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock valued at $508,700,000 after acquiring an additional 3,524,876 shares during the period. Vanguard Group Inc. lifted its position in shares of Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in Procter & Gamble by 100.8% during the fourth 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. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on PG shares. Piper Sandler raised their price target on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Rothschild & Co Redburn cut their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Jefferies Financial Group reduced their target price on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, April 20th. UBS Group boosted 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. Finally, Barclays dropped their price target on 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 analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $160.78.

Procter & Gamble Stock Performance

PG opened at $152.13 on Thursday. 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’s fifty day moving average price is $145.74 and its two-hundred day moving average price is $147.90. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25. The company has a market cap of $354.26 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 6.56 and a beta of 0.39.

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, beating analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 2.9%. 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. Procter & Gamble’s payout ratio is 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.