Caisse Des Depots ET Consignations Grows Position in Procter & Gamble Company (The) $PG

Caisse Des Depots ET Consignations grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,932 shares of the company’s stock after purchasing an additional 6,128 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Procter & Gamble were worth $10,745,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Procter & Gamble in the 3rd quarter valued at $25,000. Corundum Trust Company INC purchased a new position in Procter & Gamble in the third quarter valued at about $32,000. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble in the second quarter worth about $34,000. Marquette Asset Management LLC purchased a new stake in shares of Procter & Gamble during the third quarter valued at about $37,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Procter & Gamble in the 3rd quarter valued at about $44,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Up 0.6%

Procter & Gamble stock opened at $159.97 on Thursday. The business’s 50-day simple moving average is $146.48 and its two-hundred day simple moving average is $150.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The company has a market cap of $371.77 billion, a PE ratio of 23.70, a PEG ratio of 5.29 and a beta of 0.38. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $179.99.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same quarter in the previous year, the company posted $1.88 earnings per share. The company’s 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. Equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be 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 of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. BNP Paribas Exane reduced their price objective on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Raymond James Financial reduced their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and increased their price objective for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. Barclays set a $155.00 target price on Procter & Gamble in a research note on Friday, January 16th. Finally, TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and increased their price target for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 8,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $158.00, for a total value of $1,264,000.00. Following the sale, the chief executive officer directly owned 6,571 shares of the company’s stock, valued at approximately $1,038,218. This represents a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the transaction, the insider owned 182,607 shares of the company’s stock, valued at $27,601,048.05. The trade was a 34.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by corporate insiders.

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.