HORAN Wealth LLC Has $27.07 Million Holdings in Procter & Gamble Company (The) $PG

HORAN Wealth LLC raised its position in Procter & Gamble Company (The) (NYSE:PG) by 98.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 188,542 shares of the company’s stock after purchasing an additional 93,514 shares during the quarter. Procter & Gamble comprises approximately 2.6% of HORAN Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. HORAN Wealth LLC’s holdings in Procter & Gamble were worth $27,069,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. DJE Kapital AG boosted its position in shares of Procter & Gamble by 155.7% during the first quarter. DJE Kapital AG now owns 29,400 shares of the company’s stock worth $4,235,000 after buying an additional 17,900 shares during the period. Andra AP fonden grew its holdings in Procter & Gamble by 272.2% in the 1st quarter. Andra AP fonden now owns 288,284 shares of the company’s stock worth $41,640,000 after buying an additional 210,825 shares in the last quarter. Summit Asset Management LLC increased its position in Procter & Gamble by 5.5% in the 1st quarter. Summit Asset Management LLC now owns 19,761 shares of the company’s stock valued at $2,854,000 after acquiring an additional 1,031 shares during the period. Wilkerson Advisory Group LLC raised its stake in Procter & Gamble by 1.9% during the 1st quarter. Wilkerson Advisory Group LLC now owns 5,406 shares of the company’s stock valued at $781,000 after acquiring an additional 99 shares in the last quarter. Finally, Glenview Trust Co raised its stake in Procter & Gamble by 21.1% during the 1st quarter. Glenview Trust Co now owns 460,477 shares of the company’s stock valued at $66,511,000 after acquiring an additional 80,350 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.6%

Shares of PG stock opened at $149.11 on Tuesday. The stock has a 50-day simple moving average of $146.91 and a 200 day simple moving average of $148.60. The stock has a market capitalization of $347.22 billion, a P/E ratio of 21.80, a P/E/G ratio of 7.46 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week 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.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the business earned $1.54 earnings per share. Procter & Gamble’s revenue for the quarter 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. On average, sell-side analysts expect that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s payout ratio is presently 63.60%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PG. Piper Sandler increased their price target on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Morgan Stanley cut their price objective on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Rothschild & Co Redburn reduced their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. BMO Capital Markets increased their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $161.42.

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.