Procter & Gamble Company (The) $PG Shares Acquired by National Pension Service

National Pension Service increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,030,147 shares of the company’s stock after purchasing an additional 140,924 shares during the quarter. Procter & Gamble comprises about 0.6% of National Pension Service’s investment portfolio, making the stock its 26th biggest holding. National Pension Service’s holdings in Procter & Gamble were worth $772,882,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. McKinley Carter Wealth Services Inc. lifted its holdings in shares of Procter & Gamble by 13.9% during the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 38,160 shares of the company’s stock worth $5,863,000 after acquiring an additional 4,656 shares during the period. Winnow Wealth LLC raised its stake in Procter & Gamble by 1,289.8% during the third quarter. Winnow Wealth LLC now owns 6,407 shares of the company’s stock worth $987,000 after purchasing an additional 5,946 shares during the period. Cornerstone Wealth Management LLC raised its stake in Procter & Gamble by 3.4% during the third quarter. Cornerstone Wealth Management LLC now owns 105,168 shares of the company’s stock worth $16,159,000 after purchasing an additional 3,437 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of Procter & Gamble by 1.7% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 22,573 shares of the company’s stock valued at $3,468,000 after buying an additional 371 shares during the period. Finally, Argent Advisors Inc. increased its holdings in shares of Procter & Gamble by 14.8% during the 3rd quarter. Argent Advisors Inc. now owns 11,126 shares of the company’s stock worth $1,710,000 after buying an additional 1,435 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Up 1.3%

PG opened at $151.80 on Friday. The firm’s 50 day moving average is $144.89 and its 200-day moving average is $150.33. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $352.78 billion, a P/E ratio of 22.49, a P/E/G ratio of 4.98 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. During the same period last year, the business earned $1.88 EPS. The business’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 62.67%.

Wall Street Analyst Weigh In

PG has been the topic of a number of research analyst reports. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Barclays set a $155.00 price objective on Procter & Gamble in a research note on Friday, January 16th. Raymond James Financial dropped their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Finally, Bank of America decreased their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $167.00.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 95,903 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the sale, the insider owned 182,607 shares in the company, valued at $27,601,048.05. This trade represents a 34.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.20% of the company’s stock.

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.