California Public Employees Retirement System Cuts Stake in Procter & Gamble Company (The) $PG

California Public Employees Retirement System lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 6.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,946,602 shares of the company’s stock after selling 327,915 shares during the quarter. California Public Employees Retirement System’s holdings in Procter & Gamble were worth $714,487,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. Park Square Financial Group LLC boosted its holdings in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Evolution Wealth Management Inc. grew its position in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares in the last quarter. Litman Gregory Wealth Management LLC bought a new stake in shares of Procter & Gamble in the fourth quarter worth about $26,000. Finally, Maseco LLP bought a new stake in shares of Procter & Gamble in the fourth quarter worth about $28,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $149.84 on Friday. The firm has a market capitalization of $348.92 billion, a PE ratio of 21.91, a PEG ratio of 7.38 and a beta of 0.39. The stock’s fifty day moving average is $146.80 and its 200 day moving average is $148.54. 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 debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data 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 company had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the firm earned $1.54 earnings per share. Procter & Gamble’s quarterly 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, sell-side analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is currently 63.60%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PG. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. TD Cowen increased their target price on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Piper Sandler raised their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Sanford C. Bernstein initiated coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They issued a “market perform” rating and a $156.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.42.

More Procter & Gamble News

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

• Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title
• Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title
• Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title
• Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title
• Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title
• Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title

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.