Western Wealth Management LLC grew its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 14.0% during the first quarter, HoldingsChannel reports. The firm owned 44,637 shares of the company’s stock after purchasing an additional 5,465 shares during the quarter. Western Wealth Management LLC’s holdings in Procter & Gamble were worth $6,447,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Carson Advisory Inc. lifted its stake in shares of Procter & Gamble by 0.5% in the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after acquiring an additional 65 shares during the period. Trilogy Capital Inc. increased its stake in shares of Procter & Gamble by 1.1% during 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 during the period. Cary Street Partners Investment Advisory LLC increased 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 period. Lorne Steinberg Wealth Management Inc. raised its holdings in 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 purchasing an additional 68 shares in the last quarter. Finally, Grant Street Asset Management Inc. lifted its position in Procter & Gamble by 2.7% in the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after purchasing an additional 69 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on PG. Royal Bank Of Canada lowered their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. TD Cowen raised their price target on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Evercore set a $162.00 price target on Procter & Gamble in a research note on Monday, April 27th. HSBC reaffirmed a “hold” rating and set a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a report on Thursday. Finally, Citigroup cut their price objective on Procter & Gamble from $181.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average target price of $161.52.
Procter & Gamble Trading Down 1.6%
Shares of Procter & Gamble stock opened at $143.81 on Friday. The company has a 50-day moving average of $147.71 and a two-hundred day moving average of $148.95. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The company has a current ratio of 0.68, a quick ratio of 0.53 and a debt-to-equity ratio of 0.42. The stock has a market cap of $334.86 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 7.29 and a beta of 0.39.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a return on equity of 31.25% and a net margin of 18.44%.The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 7.01 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s payout ratio is presently 63.60%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble reported quarterly EPS of $1.43, exceeding the $1.41 analyst consensus. Productivity savings helped offset inflationary and other cost pressures, while management highlighted strong e-commerce performance and continued shareholder returns. PG Q4 Earnings Beat on Productivity, Sales Miss Estimates
- Positive Sentiment: Jefferies maintained a Buy rating and set a $177 price target, indicating confidence in P&G’s long-term brand strength and recovery prospects despite a modest target reduction. Jefferies Adjusts Price Target on Procter & Gamble
- Neutral Sentiment: Citigroup also retained a Buy rating but lowered its price target from $181 to $170, signaling continued upside potential while acknowledging more limited near-term expectations. Citigroup Price Target Update
- Neutral Sentiment: P&G appointed CEO Shailesh Jejurikar as board chairman effective August 1, while Jon Moeller will retire from the board and company in August. The transition consolidates leadership but adds an execution consideration for investors. Shailesh Jejurikar Appointed Chairman
- Negative Sentiment: Fourth-quarter revenue rose 1.5% year over year to $21.20 billion, below the $21.38 billion consensus, while organic sales were essentially flat and volume remained unchanged. Weakness in grooming and oral care contributed to the shortfall. P&G Forecasts Muted 2027
- Negative Sentiment: Fiscal 2027 guidance was conservative: EPS of $6.89–$7.11 versus a $7.07 consensus midpoint expectation, and revenue of $85.1–$86.8 billion versus an $89.5 billion consensus. Management cited tighter consumer spending, promotions, smaller pack sizes, inflation, tariffs and geopolitical uncertainty. PG Q4 Earnings Call Highlights
Procter & Gamble Company 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.
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