Assetmark Inc. Boosts Holdings in Procter & Gamble Company (The) $PG

Assetmark Inc. raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.4% during the first quarter, HoldingsChannel reports. The fund owned 1,378,302 shares of the company’s stock after acquiring an additional 5,898 shares during the quarter. Assetmark Inc.’s holdings in Procter & Gamble were worth $199,082,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PG. Gradient Investments LLC boosted its position in Procter & Gamble by 12.8% in the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after buying an additional 28,777 shares during the period. Cibc World Market Inc. increased its position in shares of Procter & Gamble by 40.6% during the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after acquiring an additional 147,701 shares during the period. World Investment Advisors raised its stake in shares of Procter & Gamble by 15.9% during the fourth quarter. World Investment Advisors now owns 105,915 shares of the company’s stock valued at $15,179,000 after acquiring an additional 14,492 shares in the last quarter. Resources Management Corp CT ADV raised its stake in shares of Procter & Gamble by 41.8% during the fourth quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock valued at $11,681,000 after acquiring an additional 24,010 shares in the last quarter. Finally, Indivisible Partners purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $2,120,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of several research analyst reports. Jefferies Financial Group increased their price objective on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Wells Fargo & Company upped their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. The Goldman Sachs Group dropped their price target on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Raymond James Financial cut their price target on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Finally, 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 report on Thursday, April 23rd. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $161.42.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $151.49 on Friday. The company has a market capitalization of $352.76 billion, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 7.21 and a beta of 0.39. Procter & Gamble Company has a 52 week low of $137.62 and a 52 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. The firm has a 50 day moving average of $146.73 and a 200 day moving average of $148.53.

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, beating the consensus estimate 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 $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter last year, the firm earned $1.54 EPS. The business’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. On average, sell-side analysts predict that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be paid a dividend of $1.0885 per share. 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 dividend payout ratio is 63.60%.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: JPMorgan kept an overweight rating on Procter & Gamble while only trimming its price target to $162 from $164, which still implies upside from current levels. Benzinga report on JPMorgan price target cut
• Positive Sentiment: Recent coverage suggests PG may still be undervalued based on DCF and earnings-multiple checks, and management’s plan to cut up to 7,000 non-manufacturing jobs could support margins and cash flow over time. Yahoo Finance article on valuation and job cuts
• Positive Sentiment: Procter & Gamble announced a quarterly dividend, reinforcing its appeal as a defensive income stock for investors. TipRanks dividend declaration article
• Neutral Sentiment: PG recently outperformed the broader market, showing relative strength even without a major new catalyst. Yahoo Finance article on PG outperformance
• Neutral Sentiment: UBS warned that consumer staple companies likely faced another “tricky” quarter, which highlights a potentially tougher operating backdrop for the sector, though PG-specific details were not provided. Yahoo Finance UBS sector outlook article
• Negative Sentiment: The broader consumer-staples outlook may be pressured by slower earnings growth, which could limit how much investors are willing to pay for PG despite its defensive profile.

About Procter & Gamble

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.