Procter & Gamble Company (The) $PG Stock Holdings Increased by Cornerstone Capital Inc.

Cornerstone Capital Inc. boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,038 shares of the company’s stock after purchasing an additional 4,719 shares during the period. Procter & Gamble makes up approximately 2.2% of Cornerstone Capital Inc.’s holdings, making the stock its 17th biggest position. Cornerstone Capital Inc.’s holdings in Procter & Gamble were worth $22,131,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PG. Norges Bank acquired a new position in shares of Procter & Gamble in the 2nd quarter worth $5,099,644,000. Laurel Wealth Advisors LLC boosted its position in shares of Procter & Gamble by 15,971.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after purchasing an additional 6,969,110 shares during the period. Vanguard Group Inc. increased its stake in Procter & Gamble by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock worth $37,155,222,000 after purchasing an additional 3,189,111 shares in the last quarter. Invesco Ltd. raised its holdings in Procter & Gamble by 21.4% during the 2nd quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after buying an additional 2,880,895 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in Procter & Gamble by 66.3% during the second quarter. Lazard Asset Management LLC now owns 5,504,749 shares of the company’s stock valued at $877,014,000 after buying an additional 2,195,560 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Up 2.6%

Shares of NYSE:PG opened at $165.04 on Tuesday. The firm has a fifty day moving average of $149.42 and a two-hundred day moving average of $150.77. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The firm has a market capitalization of $383.55 billion, a P/E ratio of 24.45, a price-to-earnings-growth ratio of 5.34 and a beta of 0.38.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. During the same period last year, the company earned $1.88 earnings per share. Procter & Gamble’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s payout ratio is currently 62.67%.

Analyst Upgrades and Downgrades

PG has been the topic of several analyst reports. TD Cowen downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and lifted their target price for the stock from $150.00 to $156.00 in a research report on Tuesday, January 27th. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Wells Fargo & Company reissued an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Tuesday, February 17th. Piper Sandler started coverage on Procter & Gamble in a research report on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 target price for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $168.33.

Insiders Place Their Bets

In other news, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the transaction, the chairman owned 319,385 shares in the company, valued at $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 36,093 shares of Procter & Gamble stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the completion of the sale, the chief executive officer directly owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. The trade was a 50.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 343,069 shares of company stock worth $54,545,448 in the last quarter. Corporate insiders own 0.20% of the company’s stock.

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.