Groupama Asset Managment Has $77.29 Million Stock Holdings in Procter & Gamble Company (The) $PG

Groupama Asset Managment lifted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 59.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 539,314 shares of the company’s stock after purchasing an additional 200,261 shares during the quarter. Procter & Gamble comprises about 1.1% of Groupama Asset Managment’s holdings, making the stock its 22nd biggest holding. Groupama Asset Managment’s holdings in Procter & Gamble were worth $77,289,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BDFS Capital LLC bought a new position in shares of Procter & Gamble in the fourth quarter worth about $759,000. Banque Transatlantique SA grew its stake in shares of Procter & Gamble by 5.5% during the fourth quarter. Banque Transatlantique SA now owns 12,523 shares of the company’s stock valued at $1,794,000 after purchasing an additional 648 shares during the last quarter. Tempo Wealth LLC bought a new stake in shares of Procter & Gamble during the fourth quarter valued at approximately $1,259,000. Thryve Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $228,000. Finally, MidFirst Bank bought a new position in Procter & Gamble in the 4th quarter worth approximately $2,069,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Evercore set a $162.00 target price on Procter & Gamble in a research report on Monday, April 27th. UBS Group boosted their price objective on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Rothschild & Co Redburn cut their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. BNP Paribas Exane dropped their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group lowered their target price on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $160.78.

Procter & Gamble Trading Up 0.3%

PG stock opened at $150.85 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The company’s 50-day simple moving average is $145.43 and its 200 day simple moving average is $147.80. The company has a market capitalization of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its 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. The firm had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, April 24th. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio 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.