Allen Investment Management LLC Purchases 4,405 Shares of Procter & Gamble Company (The) $PG

Allen Investment Management LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 6.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 69,760 shares of the company’s stock after purchasing an additional 4,405 shares during the period. Allen Investment Management LLC’s holdings in Procter & Gamble were worth $9,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Triodos Investment Management BV grew its stake in Procter & Gamble by 7.3% during the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after acquiring an additional 17,400 shares in the last quarter. Vanguard Group Inc. lifted its stake in Procter & Gamble by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock worth $36,050,992,000 after purchasing an additional 1,419,322 shares in the last quarter. Strengthening Families & Communities LLC boosted its holdings in Procter & Gamble by 820.6% in the 3rd quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company’s stock valued at $2,308,000 after purchasing an additional 13,195 shares during the period. Gradient Investments LLC boosted its holdings in Procter & Gamble by 12.8% in the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after purchasing an additional 28,777 shares during the period. Finally, Fiera Capital Corp grew its position in shares of Procter & Gamble by 20.3% during the 3rd quarter. Fiera Capital Corp now owns 53,128 shares of the company’s stock valued at $8,163,000 after purchasing an additional 8,961 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 2.2%

NYSE:PG opened at $140.34 on Tuesday. The firm has a market capitalization of $326.81 billion, a P/E ratio of 20.52, a P/E/G ratio of 6.15 and a beta of 0.39. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $144.32 and a 200 day moving average of $147.85. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $169.04.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the firm earned $1.54 EPS. The company’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. On average, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.1%. 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 dividend payout ratio is currently 63.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Bank of America lowered their price objective on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. UBS Group raised their price target on Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Morgan Stanley dropped their price target on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Piper Sandler upped their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Erste Group Bank downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus target price 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.