672,229 Shares in Procter & Gamble Company (The) $PG Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. purchased a new stake in Procter & Gamble Company (The) (NYSE:PG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 672,229 shares of the company’s stock, valued at approximately $103,288,000. Procter & Gamble makes up approximately 0.3% of Rakuten Investment Management Inc.’s holdings, making the stock its 24th largest position.

Several other large investors have also modified their holdings of the stock. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Procter & Gamble during the third quarter worth $25,000. Signature Resources Capital Management LLC increased its stake in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. Corundum Trust Company INC acquired a new stake in Procter & Gamble during the 3rd quarter worth about $32,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Procter & Gamble during the second quarter valued at about $34,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the second quarter valued at approximately $37,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 1.7%

PG opened at $146.96 on Wednesday. The company has a market capitalization of $343.40 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 4.89 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $179.99. The business has a 50-day moving average of $144.67 and a 200-day moving average of $150.70.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.75%.

Insider Buying and Selling

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the transaction, the chief accounting officer directly owned 979 shares in the company, valued at $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is owned by insiders.

Analysts Set New Price Targets

PG has been the subject of a number of recent analyst reports. Barclays set a $155.00 price objective on shares of Procter & Gamble in a research note on Friday. Dbs Bank raised Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Piper Sandler initiated coverage on Procter & Gamble in a report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target on the stock. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and increased their price objective for the stock from $156.00 to $179.00 in a research note on Tuesday, December 16th. Finally, TD Cowen reduced their price target on shares of Procter & Gamble from $168.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Fifteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $168.36.

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.