SRB Corp lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 12.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 232,924 shares of the company’s stock after selling 32,711 shares during the period. Procter & Gamble accounts for approximately 2.1% of SRB Corp’s holdings, making the stock its 18th biggest position. SRB Corp’s holdings in Procter & Gamble were worth $33,644,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in PG. Carson Advisory Inc. lifted its position in shares of Procter & Gamble by 0.5% in the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after buying an additional 65 shares in the last quarter. Trilogy Capital Inc. grew its holdings in Procter & Gamble by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock valued at $901,000 after buying an additional 67 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in Procter & Gamble by 1.8% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock valued at $549,000 after buying an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. increased its stake in Procter & Gamble by 2.7% in 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 during the last quarter. Finally, Grant Street Asset Management Inc. raised its holdings 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. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Procter & Gamble Stock Up 0.2%
Shares of PG opened at $147.30 on Friday. 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 business has a fifty day moving average of $147.33 and a 200 day moving average of $148.70. The company has a market cap of $343.00 billion, a PE ratio of 21.53, a P/E/G ratio of 7.31 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.
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 3.0%. Procter & Gamble’s payout ratio is currently 63.60%.
Wall Street Analysts Forecast Growth
PG has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their target price on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Piper Sandler increased their price objective on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. Royal Bank Of Canada reduced their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Finally, BMO Capital Markets upped 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. Twelve equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $161.74.
Read Our Latest Stock Report on Procter & Gamble
More Procter & Gamble News
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Analyst previews suggest P&G still has a path to an earnings beat, with investors watching key operating metrics beyond headline revenue and EPS for signs of resilient demand and execution. What Analyst Projections for Key Metrics Reveal About P&G (PG) Q4 Earnings
- Positive Sentiment: Coverage ahead of the report notes that sales growth is still expected, which could support sentiment if P&G shows continued pricing power and volume stability. Procter & Gamble to Report Q4 Earnings: What Should You Know?
- Neutral Sentiment: Investors are also weighing external cost pressures, including tariffs and energy expenses, which could affect margins but are not yet a clear earnings surprise. Is Procter & Gamble (NYSE:PG) Standing Firm As Energy Costs Rise?
- Negative Sentiment: Recent market coverage says PG dipped more than the broader market, reflecting concern that earnings expectations may be offset by margin pressure and a cautious setup into results. Why Procter & Gamble (PG) Dipped More Than Broader Market Today
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.
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