Baer Investment Advisory LLC Makes New $574,000 Investment in Procter & Gamble Company (The) $PG

Baer Investment Advisory LLC acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,976 shares of the company’s stock, valued at approximately $574,000.

A number of other hedge funds have also made changes to their positions in the business. World Investment Advisors lifted its position in shares of Procter & Gamble by 8.6% during the 1st quarter. World Investment Advisors now owns 115,065 shares of the company’s stock worth $16,620,000 after buying an additional 9,150 shares during the last quarter. Canal Capital Management LLC grew its position in shares of Procter & Gamble by 8.4% in the 1st quarter. Canal Capital Management LLC now owns 2,842 shares of the company’s stock valued at $410,000 after buying an additional 221 shares during the last quarter. PAX Financial Group LLC lifted its position in Procter & Gamble by 14.6% in the first quarter. PAX Financial Group LLC now owns 2,727 shares of the company’s stock valued at $394,000 after acquiring an additional 348 shares during the last quarter. 4WEALTH Advisors Inc. lifted its position in Procter & Gamble by 6.3% in the first quarter. 4WEALTH Advisors Inc. now owns 4,533 shares of the company’s stock valued at $656,000 after acquiring an additional 269 shares during the last quarter. Finally, Argos Wealth Advisors LLC boosted its stake in Procter & Gamble by 39.1% in the first quarter. Argos Wealth Advisors LLC now owns 2,385 shares of the company’s stock valued at $344,000 after acquiring an additional 671 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on PG shares. Morgan Stanley cut their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Erste Group Bank downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Finally, Raymond James Financial reduced their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Twelve research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.47.

Procter & Gamble Stock Down 0.1%

Procter & Gamble stock opened at $151.30 on Friday. The stock has a 50 day moving average of $146.45 and a two-hundred day moving average of $148.25. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The stock has a market capitalization of $352.32 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 6.44 and a beta of 0.39. 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 (NYSE:PG) last released its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the company posted $1.54 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Procter & Gamble Company will post 6.9 earnings per share for the current year.

Procter & Gamble Increases Dividend

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