Arvest Bank Trust Division Has $7.08 Million Stock Position in Procter & Gamble Company (The) $PG

Arvest Bank Trust Division trimmed its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 30.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,004 shares of the company’s stock after selling 21,960 shares during the period. Arvest Bank Trust Division’s holdings in Procter & Gamble were worth $7,078,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the last quarter. Park Square Financial Group LLC increased its stake in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after buying an additional 71 shares during the last quarter. Evolution Wealth Management Inc. increased its stake in Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after buying an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $26,000. Finally, Maseco LLP purchased a new position in shares of Procter & Gamble in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

More Procter & Gamble News

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Analyst Upgrades and Downgrades

PG has been the subject of several research analyst reports. Jefferies Financial Group raised their target price on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Wells Fargo & Company increased their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Rothschild & Co Redburn dropped their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $161.74.

Get Our Latest Stock Report on PG

Procter & Gamble Trading Down 0.7%

Procter & Gamble stock opened at $148.12 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The stock has a market cap of $344.91 billion, a P/E ratio of 21.66, a PEG ratio of 7.42 and a beta of 0.39. The firm’s fifty day moving average price is $147.00 and its 200-day moving average price is $148.63.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the business earned $1.54 earnings per share. The firm’s 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 forecast that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a $1.0885 dividend. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s payout ratio is 63.60%.

Procter & Gamble Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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