Ilmarinen Mutual Pension Insurance Co Cuts Stake in Procter & Gamble Company (The) $PG

Ilmarinen Mutual Pension Insurance Co lowered its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 417,000 shares of the company’s stock after selling 31,500 shares during the quarter. Procter & Gamble accounts for 0.5% of Ilmarinen Mutual Pension Insurance Co’s investment portfolio, making the stock its 27th largest holding. Ilmarinen Mutual Pension Insurance Co’s holdings in Procter & Gamble were worth $59,760,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. raised its position in Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. Park Square Financial Group LLC raised its position in Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the last quarter. Maseco LLP purchased a new position in Procter & Gamble during the 4th quarter worth $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble during the 3rd quarter worth $30,000. Finally, Caitlin John LLC acquired a new position in shares of Procter & Gamble during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PG. Evercore set a $162.00 price target on shares of Procter & Gamble in a research note on Monday, April 27th. Bank of America lowered their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. UBS Group upped their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Piper Sandler upped their price target on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $161.06.

Read Our Latest Report on PG

Procter & Gamble Stock Down 1.0%

Shares of NYSE PG opened at $146.07 on Friday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The company has a market capitalization of $340.14 billion, a PE ratio of 21.36, a price-to-earnings-growth ratio of 6.32 and a beta of 0.41. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The firm’s 50-day moving average is $144.47 and its two-hundred day moving average is $147.92.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the prior year, the firm earned $1.54 earnings per share. The company’s revenue for the quarter was up 7.4% 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 fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is currently 63.60%.

Procter & Gamble News Roundup

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

About Procter & Gamble

(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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