Rit Capital Partners PLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 30.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 149,800 shares of the company’s stock after selling 64,200 shares during the quarter. Procter & Gamble makes up about 5.8% of Rit Capital Partners PLC’s portfolio, making the stock its 10th biggest holding. Rit Capital Partners PLC’s holdings in Procter & Gamble were worth $21,633,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Oslo Pensjonsforsikring AS acquired a new stake in Procter & Gamble during the first quarter worth about $1,375,000. HORAN Wealth LLC boosted its holdings in Procter & Gamble by 98.4% in the 1st quarter. HORAN Wealth LLC now owns 188,542 shares of the company’s stock valued at $27,069,000 after purchasing an additional 93,514 shares during the last quarter. DJE Kapital AG boosted its holdings in Procter & Gamble by 155.7% in the 1st quarter. DJE Kapital AG now owns 29,400 shares of the company’s stock valued at $4,235,000 after purchasing an additional 17,900 shares during the last quarter. Andra AP fonden grew its stake in shares of Procter & Gamble by 272.2% in the 1st quarter. Andra AP fonden now owns 288,284 shares of the company’s stock valued at $41,640,000 after buying an additional 210,825 shares during the period. Finally, Summit Asset Management LLC grew its stake in shares of Procter & Gamble by 5.5% in the 1st quarter. Summit Asset Management LLC now owns 19,761 shares of the company’s stock valued at $2,854,000 after buying an additional 1,031 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble is expanding manufacturing in Egypt to use the country as a hub for exports into Gulf and African markets, which could improve supply-chain efficiency and support longer-term international growth. Procter & Gamble (PG) Expands Egypt Manufacturing To Serve Gulf And African Markets
- Positive Sentiment: Several articles frame PG as a defensive “safe haven” and a strong dividend stock, which may be attracting investors looking to rotate away from higher-volatility AI names and into steadier consumer staples. As the AI Selloff Worsens, Time-Tested Procter Gamble Stock Could Be the Biggest Winner
- Positive Sentiment: PG is also being compared favorably on value and dividend appeal versus other consumer-staples names, reinforcing the view that it remains a high-quality holding for long-term income investors. NWL vs. PG: Which Stock Is the Better Value Option?
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on PG
Procter & Gamble Stock Performance
Shares of PG stock opened at $148.12 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The firm has a market cap of $344.91 billion, a P/E ratio of 21.66, a P/E/G ratio of 7.42 and a beta of 0.39. The firm’s 50 day moving average price is $147.00 and its 200-day moving average price is $148.63. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.88 EPS for the current year.
Procter & Gamble Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid 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 payout ratio is presently 63.60%.
About Procter & Gamble
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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