Janney Montgomery Scott LLC Acquires 76,272 Shares of Procter & Gamble Company (The) $PG

Janney Montgomery Scott LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 7.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,122,903 shares of the company’s stock after purchasing an additional 76,272 shares during the period. Janney Montgomery Scott LLC’s holdings in Procter & Gamble were worth $162,192,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in shares of Procter & Gamble during the 4th quarter valued at $26,000. Park Square Financial Group LLC boosted its stake in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Evolution Wealth Management Inc. boosted its stake in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after acquiring an additional 171 shares in the last quarter. Finally, Basso Capital Management L.P. acquired a new stake in Procter & Gamble in the fourth quarter worth $28,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

Analyst Upgrades and Downgrades

PG has been the topic of several research reports. Morgan Stanley dropped their price objective on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Piper Sandler boosted their target price on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Sanford C. Bernstein started coverage on Procter & Gamble in a report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $161.00.

Get Our Latest Stock Analysis on PG

Procter & Gamble Stock Up 0.7%

Shares of NYSE PG opened at $149.49 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The company has a 50-day moving average price of $145.94 and a 200-day moving average price of $147.95. The stock has a market capitalization of $348.11 billion, a P/E ratio of 21.86, a P/E/G ratio of 6.48 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share 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 company had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the prior year, the business posted $1.54 EPS. The firm’s revenue 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, equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

About Procter & Gamble

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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