Procter & Gamble Company (The) $PG Shares Sold by Magellan Asset Management Ltd

Posted by Francis Steltz on Jul 22nd, 2026

Magellan Asset Management Ltd lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 20.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,301,728 shares of the company’s stock after selling 340,950 shares during the period. Procter & Gamble makes up about 2.4% of Magellan Asset Management Ltd’s portfolio, making the stock its 14th biggest holding. Magellan Asset Management Ltd’s holdings in Procter & Gamble were worth $188,022,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Carson Advisory Inc. increased its position in Procter & Gamble by 0.5% during the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock valued at $1,738,000 after buying an additional 65 shares in the last quarter. Trilogy Capital Inc. boosted its holdings in Procter & Gamble by 1.1% in the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock worth $901,000 after acquiring an additional 67 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of Procter & Gamble by 1.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after acquiring an additional 67 shares during the last quarter. Lorne Steinberg Wealth Management Inc. grew its stake in shares of Procter & Gamble by 2.7% during the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock worth $376,000 after acquiring an additional 68 shares during the last quarter. Finally, Grant Street Asset Management Inc. increased its holdings in shares of Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after acquiring an additional 69 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PG shares. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Bank of America cut their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Rothschild & Co Redburn decreased their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Finally, Piper Sandler lifted their price objective 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. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.74.

Get Our Latest Stock Report on PG

Key Headlines Impacting 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?

Procter & Gamble Trading Down 0.7%

Shares of NYSE:PG opened at $148.12 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The stock has a market cap of $344.91 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 7.42 and a beta of 0.39. The business has a 50-day moving average price of $147.00 and a 200-day moving average price of $148.63.

Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the prior year, the firm earned $1.54 earnings per share. Procter & Gamble’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble Company will post 6.88 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, July 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

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.