Eurizon SLJ Capital Ltd Purchases New Position in Procter & Gamble Company (The) $PG

Eurizon SLJ Capital Ltd purchased a new stake in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,204 shares of the company’s stock, valued at approximately $602,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. acquired a new position in Procter & Gamble in the fourth quarter valued at approximately $142,087,000. Hillsdale Investment Management Inc. boosted its holdings in Procter & Gamble by 18.9% in the fourth quarter. Hillsdale Investment Management Inc. now owns 38,431 shares of the company’s stock valued at $5,508,000 after purchasing an additional 6,110 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in Procter & Gamble in the fourth quarter valued at approximately $6,132,000. Fiducient Advisors LLC boosted its holdings in Procter & Gamble by 98.5% in the fourth quarter. Fiducient Advisors LLC now owns 3,412 shares of the company’s stock valued at $489,000 after purchasing an additional 1,693 shares in the last quarter. Finally, National Pension Service boosted its holdings in Procter & Gamble by 7.4% in the fourth quarter. National Pension Service now owns 5,404,211 shares of the company’s stock valued at $774,477,000 after purchasing an additional 374,064 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

PG stock opened at $143.60 on Friday. The company has a market capitalization of $334.39 billion, a P/E ratio of 20.99, a PEG ratio of 6.26 and a beta of 0.41. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The business has a 50 day simple moving average of $144.41 and a 200-day simple moving average of $147.89. 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 posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating 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 $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the company earned $1.54 earnings per share. The company’s revenue 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, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business 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 annualized dividend and a dividend yield of 3.0%. This is a boost 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 currently 63.60%.

Wall Street Analyst Weigh In

PG has been the subject of a number of research analyst reports. Morgan Stanley lowered their price target on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Piper Sandler upped their price target on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, UBS Group increased their price objective on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $161.06.

About Procter & Gamble

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.