Rossmore Private Capital Acquires 9,338 Shares of Procter & Gamble Company (The) $PG

Rossmore Private Capital raised its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 23.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,706 shares of the company’s stock after acquiring an additional 9,338 shares during the quarter. Rossmore Private Capital’s holdings in Procter & Gamble were worth $6,980,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Trilogy Capital Inc. grew its stake in shares of Procter & Gamble by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock worth $901,000 after acquiring an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. grew its stake in shares of Procter & Gamble by 2.7% during the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock worth $376,000 after acquiring an additional 68 shares in the last quarter. Grant Street Asset Management Inc. grew its stake in shares of Procter & Gamble by 2.7% during the 4th quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock worth $376,000 after acquiring an additional 69 shares in the last quarter. Beech Hill Advisors Inc. increased its position in shares of Procter & Gamble by 0.5% during the 4th quarter. Beech Hill Advisors Inc. now owns 14,238 shares of the company’s stock worth $2,040,000 after purchasing an additional 70 shares during the last quarter. Finally, Aull & Monroe Investment Management Corp boosted its holdings in shares of Procter & Gamble by 0.3% in the 4th quarter. Aull & Monroe Investment Management Corp now owns 28,113 shares of the company’s stock valued at $4,029,000 after buying an additional 71 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider owned 30,215 shares in the company, valued at approximately $4,818,083.90. This represents a 5.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the sale, the chief executive officer owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Stock Up 0.1%

PG stock opened at $141.68 on Monday. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99. The business’s 50 day simple moving average is $146.10 and its 200 day simple moving average is $148.19. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $329.91 billion, a PE ratio of 20.71, a PEG ratio of 6.07 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the prior year, the business earned $1.54 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.1%. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. The Goldman Sachs Group cut their price objective on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Barclays cut their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Jefferies Financial Group cut their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. BNP Paribas Exane cut their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Finally, Raymond James Financial cut their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

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.