AR Asset Management Inc. Raises Stock Position in Procter & Gamble Company (The) $PG

AR Asset Management Inc. boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 6.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,269 shares of the company’s stock after purchasing an additional 4,910 shares during the quarter. Procter & Gamble comprises 2.2% of AR Asset Management Inc.’s portfolio, making the stock its 12th biggest holding. AR Asset Management Inc.’s holdings in Procter & Gamble were worth $11,594,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC lifted its position in shares of Procter & Gamble by 8.3% in the first quarter. Measured Wealth Private Client Group LLC now owns 1,642 shares of the company’s stock worth $237,000 after buying an additional 126 shares in the last quarter. Signature Equity Partners LLC boosted its stake in Procter & Gamble by 11.0% during the first quarter. Signature Equity Partners LLC now owns 5,823 shares of the company’s stock worth $841,000 after buying an additional 575 shares during the period. Alpha Financial Partners LLC bought a new position in Procter & Gamble during the 1st quarter valued at about $270,000. Alesco Advisors LLC An ESL Co grew its stake in shares of Procter & Gamble by 1.9% during the first quarter. Alesco Advisors LLC An ESL Co now owns 5,091 shares of the company’s stock valued at $735,000 after buying an additional 93 shares during the last quarter. Finally, First Trust Advisors LP grew its position in Procter & Gamble by 6.5% in the 1st quarter. First Trust Advisors LP now owns 1,767,050 shares of the company’s stock valued at $255,233,000 after acquiring an additional 107,640 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Key Stories Impacting Procter & Gamble

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

Procter & Gamble Stock Performance

NYSE:PG opened at $149.19 on Thursday. The stock has a market capitalization of $347.42 billion, a PE ratio of 21.81, a P/E/G ratio of 7.37 and a beta of 0.39. 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 fifty day moving average of $147.13 and a two-hundred day moving average of $148.67. 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:PGGet Free Report) 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 return on equity of 32.00% and a net margin of 19.16%.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 business earned $1.54 EPS. Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts forecast that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Rothschild & Co Redburn reduced their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Piper Sandler raised their price target 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. Evercore set a $162.00 target price on Procter & Gamble in a research note on Monday, April 27th. Barclays upped their price target on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, Morgan Stanley reduced their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.74.

Check Out Our Latest Analysis on Procter & Gamble

Procter & Gamble Company Profile

(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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