3,703 Shares in Procter & Gamble Company (The) $PG Acquired by EJMK Ventures LLC

EJMK Ventures LLC bought a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,703 shares of the company’s stock, valued at approximately $531,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after buying an additional 2,829,151 shares in the last quarter. State Street Corp raised its position in Procter & Gamble by 1.0% in the fourth quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after acquiring an additional 984,102 shares in the last quarter. Geode Capital Management LLC raised its position in Procter & Gamble by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock worth $8,962,689,000 after acquiring an additional 1,974,556 shares in the last quarter. Norges Bank acquired a new position in Procter & Gamble in the fourth quarter worth approximately $4,664,783,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Procter & Gamble by 3.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,612,826 shares of the company’s stock valued at $4,243,815,000 after buying an additional 1,091,091 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 0.3%

Shares of PG stock opened at $150.85 on Friday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. 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 firm has a market cap 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. The stock has a 50 day moving average of $145.43 and a 200-day moving average of $147.80.

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, beating the consensus estimate 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 for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is an increase 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 63.60%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PG shares. Sanford C. Bernstein started coverage on shares of Procter & Gamble in a research note on Thursday, June 11th. They set a “market perform” rating and a $156.00 price objective for the company. Piper Sandler raised their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Royal Bank Of Canada lowered their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, Bank of America lowered their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $160.78.

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.